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Aggreko LLC and BELFOR USA renew partnership to provide complete property recovery services


HOUSTON, March 3, 2003 — Aggreko LLC and BELFOR USA have renewed a multi-year partnership agreement that provides complete property recovery services to North American companies damaged by fire, water, mold and other disasters.

Aggreko LLC is the U.S. division of the U.K.-based Aggreko plc (AGK.L). The company provides rental power, temperature control and compressed air systems and related services to companies around the world. BELFOR USA is part of the world’s largest disaster restoration company and is the premier provider of property recovery services in North America.

Under the agreement, Aggreko’s temporary power, dehumidification, temperature control and electrical distribution equipment will be used in conjunction with BELFOR’s specialized emergency response capabilities and disaster recovery services to provide a single, cost-effective, time-sensitive solution to companies of all sizes.

“Companies recovering from a disaster need immediate assistance,” said Mark Davis, BELFOR USA’s chief executive officer. “Strengthening our alliance with Aggreko equates to rapid response times, the highest quality of service, and specialized expertise for our customers. Together, BELFOR and Aggreko’s resources and experience are unmatched.”

Aggreko LLC President George Walker added, “In the past few years, our alliance with BELFOR has allowed hundreds of North American companies, both large and small, to experience complete property recovery. Future customers will continue to benefit from the experience and resources of two global companies dedicated to minimizing the financial and psychological effects of disasters and business continuity emergencies.”

The companies’ major joint past projects include restoration work resulting from Hurricane Georges in Biloxi, Miss., and Puerto Rico; Tropical Storm Allison in Houston, Texas; water damage to the FARGODOME in Fargo, N.D; Tropical Storm/Hurricane Lili; recovery work in New York City at Ground Zero; and Super Typhoon Pongsana.

Aggreko and BELFOR will increase joint marketing, sales and information-sharing activities. BELFOR will continue to have access to Aggreko equipment located in more than 70 North American locations.

Aggreko’s fleet, which consists of more than 6,000 major pieces of equipment, includes an extensive line of power generators; electrical distribution equipment; a state-of-the-art line of chillers, air conditioners, dehumidifiers, heaters and other temperature control equipment; oil-free air compressors; and dryers. In July 2002, Aggreko announced the availability of its new fleet of Underwriters Laboratories-listed portable electrical distribution equipment.

More About Aggreko

Aggreko LLC is the North America division of the U.K.-based Aggreko plc (AGK.L). Aggreko provides rental power, temperature control and compressed air systems to companies around the world. The company helps its customers in diverse markets improve profitability by creating opportunities, solving problems and reducing risk through its network of global locations, equipment, employees and technical services. In addition, Aggreko provides comprehensive project design planning, installation, commissioning, process enhancement and operating services, and 24-hour on-site service and maintenance support. Worldwide, the company has more than 2,000 employees and 140 locations. For more information, please visit www.aggreko.com.

More About BELFOR

BELFOR USA Group, Inc. is the North American division of BELFOR International GmbH. BELFOR is a provider of damage management solutions. With more than 110 locations in 22 countries worldwide, BELFOR’s staff of 3,000 full time restoration professionals is prepared to respond day or night, anywhere in the world, on a moments notice.

Many corporations, insurance companies, and government entities rely on BELFOR to provide the manpower, equipment, and project management expertise to quickly recover from any type of property related disaster.

For more information, please visit www.belforusa.com.