LGM Longmead Grp.

    The Longmead Group plc ("Longmead" or "the Company")
Trading Statement
Following a detailed review, the Company has decided to make an exceptional stock write-off in relation to slow moving
stock items. The write-off was not anticipated at the time the Trading Statement was made on 7 October 2002.

Consequently, the Company expects the loss after exceptional items and allowing for the exceptional stock write-off,
for the 15 month period ending 2 November 2002, to be slightly less than the loss reported for the previous 12 month
period.
17 January 2003
 

                                                                
                                                                
                                                                

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