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April 3rd, 2008
Lex Builds On Its Position as UK's No.1 Fleet Provider With Contract to Manage Taylor Wimpey's 1,650 Vehicle Fleet

In addition to managing the company fleet, Lex will also be managing the sale and leaseback of 700 vehicles that originally belonged to George Wimpey as part of a fully outsourced sole supply contract.

Lex won the Taylor Wimpey business after overcoming a number of challenges; prior to the merger of Taylor Woodrow and George Wimpey, Taylor Woodrow had been a Lex customer for six years. As a parallel, George Wimpey was a new business prospect which, prior to the merger, had reached the conclusion that a leased option was most appropriate and Lex were a prime contender to acquire the business. However, with the advent of the merger, and the consolidation of the respective fleets, Taylor Wimpey put their fleet management out to tender.

Commenting on the new association between Lex and Taylor Wimpey, Steve Parr, Director of Supply Chain at Taylor Wimpey said: "As a result of working with Taylor Woodrow, Lex has a proven track record of working with companies in the construction business and best understands the issues facing a business like ours".

Steve Parr concludes: "Having Lex manage our company fleet, and by completing a sale and leaseback of 700 vehicles stemming from the merger, Lex has delivered Taylor Wimpey an outsourcing solution that will allow us to focus on service rather than the acquisition and management of a fleet of vehicles. The service has already delivered tangible benefits to our business and will continue to deliver benefits to our drivers."

Lex won the tender process and the Taylor Wimpey business after developing a unique proposal which drew on the specialist knowledge and experience of the existing business and new-business customer teams.

Jon Walden, Managing Director, Lex said: "This is a fantastic result for Lex. The association with Taylor Wimpey represents a further endorsement of the Lex consultative approach to meeting customer needs and the strength of our outsourcing proposition."

Jon Walden concludes: "As a parallel, the winning proposal is an illustration of the great work carried out by the Lex existing client relationship team and the Lex new business team who worked tirelessly to deliver against our customers' objectives and secure the Taylor Wimpey business."

Note to editors

For more information, please call contact James Lambert, Head of PR at Lex on (+44) 7826 875371 or email james.lambert@lex.co.uk

About Lex

Lex is a HBOS Group company. The business owns a fleet of over 250,000 cars and vans.
Lex has a motoring heritage dating back to 1928. Today over 20,000 businesses across the UK, including two thirds of FT-SE 100 companies, trust it to provide motoring and vehicle services.
The company is the UK's largest contract hire provider of company cars and vans.