AGM Statement

James Halstead PLC
06 December 2002


James Halstead plc

6 December 2002



AGM Statement


At the Annual General Meeting of James Halstead plc held today, all the
resolutions were passed. The Chairman, Mr Geoffrey Halstead, made the following
statement:

'I would like to update you of the Group's position in the current financial
year.

As always, I qualify my comments by stating that these comments do not
constitute a forecast:

Five months into the year I am pleased to report that the group is trading ahead
of last year.

Profitability in our core floorcovering business shows steady growth.  Our
German company continues to operate in a difficult economy, but following the
result of major reorganisations, as noted in the report and accounts, our
Australasian businesses, as a whole, are performing well.

Phoenix Distribution, our motorcycle accessories business, shows progress
following a difficult year.

Looking forward, I am confident that we can achieve another year of progress for
the Group.'



Enquiries:

James Halstead plc
Jack Whittaker
Tel: [phone]

Brown, Shipley & Co. Limited
Philip Johnson
Tel: [phone]




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