Trading Statement

FISH PLC
17 May 2002


                            FISH PLC ('the Company')

                               Trading Statement

At the time of the preliminary announcement of the Company's results, the Board
advised that the Company had experienced adverse trading conditions. At the AGM,
it was stated that trading had improved. However, the optimism in respect of the
months ahead has proved to be misplaced and the recent trading performance of
the Company has been uneven. The Board now anticipates that the Company will
report a loss at the interim stage and for the year as a whole.

Following the appointment of Clive Eplett and Michael Rosen, the Board has
appointed Postern Executive Group to assist in the carrying out of a
comprehensive review of all aspects of the Company's operations. A further
announcement will be made as soon as is practicable.



                                                                     17 May 2002



ENQUIRIES

Fish Plc                                   Tel: [phone]

Paul Gilligan

Clive Eplett

College Hill                               Tel: [phone]

Justine Warren

Matthew Smallwood



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