28 July 2009

Supercart Plc

('Supercart' or the 'Company')

Major Contract in North American Market

Supercart, the UK company involved in the design, marketing and distribution of plastic shopping trolleys, today announces that it has won a significant order from a major US customer, the second such order since the acquisition of Rehrig International assets in March 2009.

The order announced today is from a leading national retailer which operates over 1,500 stores in more than 40 states. The contract has been awarded to Supercart's wholly owned US subsidiary Plasti-Cart Inc. ('Plasti Cart'). The contract requires Plasti Cart to supply plastic/metal hybrid shopping trolleys, and is worth over $1.85 million in the current year.

Supercart announced on 20 March 2009 that it had acquired certain of the assets Rehrig International Corp., which was an established manufacturer and distributer of a range of hybrid plastic/metal trolleys.

Commenting on the agreement, Michael Wolfe, Chief Executive, said: 

'Our presence in the North American market has been strengthened by the recent acquisition of the major assets of Rehrig. This agreement with one of the largest retail groups in the US, is a major endorsement of the investment we have made.'