01 May 2007
FOR IMMEDIATE RELEASE

Overwhelming vote of confidence in board from shareholders

  • Shareholders vote over 96% in favour of re-election of board members
  • Management strategy shows the company is delivering results

At the Radio Taxis Group Annual Meeting held Sunday 22 April, shareholders voted overwhelmingly in support of the re-election of Alan Franks, Operations Director, and Andrew Herbert, Managing Director. Both were re-elected to the board by a significant margin.

At the meeting, held in central London, Radio Taxis Group Chairman, Geoffrey Riesel highlighted the significant steps taken by the company since de-mutualisation. He illustrated the benefits of offering an integrated transport solution for clients, which has seen the company win new blue-chip contracts such as Westminster City Council and HSBC.

Geoffrey Riesel, Chairman, said:

"I am delighted shareholders have recognised the hard work of the management team, who are delivering on our strategy to become the leading ground transport services supplier in the UK. We have a very strong team here at Radio Taxis Group that is delivering results, not only at board level but at every level within the organisation. We are proud of our achievements in 2006 and look forward to continuing this success throughout 2007.

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Notes to Editors

  • Formed in 1953, Radio Taxis Group provides a single point solution for all business and private ground transport needs. It was de-mutualised in June 2004.
  • Based in North London, Radio Taxis Group’s fleet of over 3000 vehicles includes chauffeur driven executive cars, black taxis, private hire vehicles (including an in-house driver training school) and a motorbike and van courier service.
  • Radio Taxi Group subsidiary One Transport is the first UK company to offer a fully integrated booking and review system, allowing customers to book online and then quickly and accurately track their usage afterwards.
  • Radio Taxi Group has pioneered sustainable transport systems in the UK. It was the first CarbonNeutral® transport service provider, invests heavily in energy and emissions reductions programmes and has an in-house R&D facility dedicated to reviewing new technologies that target improving environmental performance
  • Radio Taxis Group has been recognised by a number of independent awards, including The Energy Savings Trust Best Practice Award, the Business in the Community Awards for Excellence, the Impact on Society Award, the CIMA Financial Management CSR Award and the Business Travel Weekly award for Business Road Service.

For further information about Radio Taxis Group, informed comment, interview or images please contact:
Paul Donlon / Oliver Williams (Four Communications Plc)
- E: rtg@fourcommunications.com
- T: + 0044 (0) 870 420 3268