Trading Statement

Big Yellow Group PLC
10 July 2001

Big Yellow Group Plc

Trading Statement for the quarter ending 30th June 2001 (unaudited) and
Freehold Acquisition

10th July 2001

Big Yellow Group PLC today issues a quarterly trading bulletin for the
purposes of updating shareholders as to the group's trading performance over
the previous quarter.

The group intends to continue to issue this bulletin for the foreseeable
future, although the September quarter and March quarter trading performance
will be incorporated in the half year and year end results respectively.


  * Annualised revenue £7.5 million (31st March 2001 - £5.6m) + 34%


  * Turnover for quarter to 30th June 2001 £1.58 million (quarter to 31st
    March 2001 - £1.26 million) + 25%


  * 24 stores committed of which 17 are freehold


  * 1.45 million sq. ft. of net self storage space when fully built out


  * 5,100 customers (31st March 2001 - 3,900) + 31%


  * Merchandise, insurance and other sales up to 13.2% of storage income for
    the quarter to 30th June 2001

Big Yellow announces the acquisition for £4.6 million cash of the freehold of
the Dudley Stationery building in Bow, London fronting the A102(M), a short
distance north of Canary Wharf and less than 3 miles east of the City of
London. When fully developed the store will provide up to 150,000 sq. ft. of
net self storage and ancillary accommodation.



Nicholas Vetch, Chief Executive:

'Whilst we would expect buoyant trading over this quarter, the store
performances have been at the top end of our expectations, and the levels of
merchandise sales and other sources of income are encouraging.'

Enquiries:

Nicholas Vetch (Chief Executive) - 01276 470 190 / 07768 156 575(mob)

James Gibson (Finance Director) - 01276 470 190