Trading Statement

Lo-Q PLC
27 September 2002


                              Lo-Q Plc ('Company')

                               Trading statement


As the Company announced on 6 September 2002 the Lo-Q System is now installed in
6 theme parks.  At the time of the flotation of the Company it entered into
non-binding agreements with a third party leasing company whereby it would sell
the installed systems to the leasing company, which would then allow Six Flags
to lease the system back.

In light of the prevailing economic climate in the US, coupled with a sustained
downturn in park attendances, the Company has, in conjunction with Six Flags
Inc., decided not to pursue the original arrangement of leasing the park
installations through the third party. The directors are of the opinion that a
more cost effective option will be to self-finance the park installations, in
partnership with Six Flags Inc., with whom they are currently in discussions.

Due to the timing of this decision, Lo-Q expects to produce a loss for the
second half of the financial year, culminating in a loss for the full year.  We
expect this decision to have the impact of reducing expected sales, however this
will result in a stronger operating margin in future years.



Enquiries:

Lo-Q Plc
01491 577210

Jeff McManus, Chairman

Leonard Sim, Managing Director


Weber Shandwick Fleet Financial

Terry Garrett / Nick Dibden                                020 7950 2800


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