Trading Statement

Clarkson (Horace) PLC 24 January 2001 TRADING STATEMENT The Board of Clarksons is pleased to announce that trading for the Group for the year ending 31 December 2000 is expected to very substantially exceed market expectations both in terms of turnover and profit. The strong performance of the Company reflects both the increased spread of its activities and the benefits derived in the broking divisions from increased market activity and higher freight rates.

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Clarkson (CKN)
UK 100

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