AGM Statement

Brown (N.) Group PLC
18 July 2006


                             
18 July 2006

                               N Brown Group plc

                             AGM TRADING STATEMENT


At the AGM being held today at 2.30pm, Lord Alliance, Chairman, will make the
following statement on current trading.

In the first 20 weeks of the current year to 15th July 2006 group turnover from
continuing operations is up by 7.9% with strong growth in our core home shopping
business where sales are up 9.4% on last year.

The home shopping sales growth has been driven by improvements in performance in
all key customer and product groups. In addition we continue to benefit from our
strategy of increasing the number of active customers from better response rates
to our mailings together with successful recruitment campaigns. The proportion
of total sales placed over the internet has exceeded 20% so far this year.

Our drive to keep tight control of stock levels is proving successful, with
total stocks now at last year's levels, even with the group's increased rate of
turnover. This has been achieved by more aggressive in-season markdowns which
will reduce the rate of gross profit in the first half by 0.5%.

The acquisition on 30th June 2006 of Gray and Osbourn, the high quality
womenswear catalogue retailer, will provide us with the opportunity to develop
our share of the ABC1 customer demographic group, an area where we see good
potential for growth.

As we highlighted at the year-end, the comparatives with last year's strong
results will get increasingly demanding as the year progresses. However, the
board has confidence that the plans for the Autumn Winter season developed by
the management team will deliver further progress in the current year.

ENQUIRIES:

N Brown Group plc
Alan White, Chief Executive                     Tel: [phone]
Dean Moore, Finance Director
Website:                                        www.nbrown.co.uk

Gavin Anderson & Company
Fergus Wylie                                    Tel: [phone]




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