AGM Trading Update


19/07/2002

Statement Made At Annual General Meeting On 19 July 2002

Trading Update

We announced our results for the year ended 31 March 2002 on 29 May and since then our month to month daily sales have been flat. The regional pattern of changes in daily sales since January that we noted in May has persisted. Our cash flow has continued to be strong.

Contacts:

Ian MasonGroup Chief Executive01865 204000
Jeff HewittDeputy Chairman / Finance Director01865 204000
Barnaby FryFlagship Consulting Ltd0207 886 8440
Sarah MilwardFlagship Consulting Ltd0207 886 8440