John Menzies plc: UK Cargo Re-structure

Menzies will focus its UK cargo business on its London Heathrow operations, together with smaller operations in Aberdeen and Belfast, and exit its cargo operations at Glasgow, Birmingham, East Midlands and Manchester airports. This restructuring, which will result in an exceptional write off of up to £3m, is expected to be completed by the end of August 2012 and will return the UK cargo business to profitability.