AGM Statement

Halfords Group PLC 02 August 2006 Halfords Group plc 2 August 2006 Halfords Group plc ('Halfords') - AGM Trading Statement The following is an extract from the report that will be presented at Halfords' Annual General Meeting to be held today: In the 17 weeks to 28 July 2006 total sales for the Company increased by 9.5%, like-for-like sales are up by 6.6% and underlying like-for-like sales, which excludes Easter, increased by 4.5%. The level of dilution of gross profit percentage has continued to reduce significantly since the last financial year. During July, Halfords completed the refinancing of its debt, to provide a platform for future developments. Halfords now operates with a non-amortising term loan of £180m, with a revolving credit facility of £120m. The next trading update will be provided on 5 October 2006, which will cover the 26 weeks to 29 September 2006. Notes: Halfords Group plc Halfords is the UK's leading auto, leisure and cycling products retailer, with 417 stores and 10,000 employees. It was established in 1892 and was successfully floated on the London Stock Exchange in June 2004. The Group sells 11,000 different product lines, ranging from car parts and cycles through to the latest in-car technology, alloy wheels, child seats, roof boxes and the latest outdoor leisure and camping equipment. Halfords' own brands include Ripspeed, for car enhancement, and Bikehut, for cycles and cycling accessories, including the Apollo and Carrera brands. Stores offer a 'We'll fit it' service for car parts, child seats, satellite navigation and in-car entertainment systems, and a 'We'll repair it' service for cycles. - ends - For further information contact: Gainsborough Communications 020 7190 1703 Andy Cornelius / Julian Walker Halfords Group plc Tony Newbould - Investor Relations 01527 513113 This information is provided by RNS The company news service from the London Stock Exchange
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