AGM Statement

James Halstead PLC
7 December 2001

7 December 2001


JAMES HALSTEAD PLC


AGM STATEMENT BY THE CHAIRMAN, MR GEOFFREY HALSTEAD


We are now five months into the current financial year and we are trading
ahead of last year in the Group as a whole.


As Europe moves to the introduction of the Euro we have worked with our
customers over the last few years towards this changeover and anticipate a
smooth transition.


The general level of business confidence in Germany is low but we remain
cautiously optimistic about this important marketplace as we continue to
benefit from the investment in Objectflor.


So far as the overall outlook is concerned, I remain firmly positive for
another year of progress for the Group.




                                   --Ends-