DCC statement

Statement issued by DCC

Statement issued by DCC

Further to the Stock Exchange announcement made earlier today in relation to the judgment of the Irish Supreme Court, the Board of DCC has met to consider the outcome.

The Board of DCC wishes to express its full confidence in and unanimous support for Jim Flavin as Executive Chairman of DCC.

In allowing the Appeal, the Supreme Court judgment did not affect the High Court's finding that the sale of the shares by the DCC Group was not in any way motivated by the information relating to Fyffes which was in the possession of Jim Flavin and that, accordingly, the sale did not involve any use of that information.

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The Board wishes to assure shareholders that the focus of the DCC senior management team continues to be on the growth and development of the company in the best interests of its shareholders.

DCC