3rd Quarter Results

Kingfisher PLC
30 November 2005

EMBARGOED UNTIL 0700 HOURS

Wednesday 30 November 2005


                                 Kingfisher plc
               Q3 results for the 13 weeks ended 29 October 2005

Group Financial Highlights
                                                  2005/06            2004/05           Change       Constant Currency
Retail sales                                          £2,068.1m          £1,937.2m      +6.8%             +6.1%

LFL sales                                                - 0.3%              +2.6%

Retail profit (1)                                       £157.1m            £199.8m     -21.4%             -21.8%

Net debt      £1,103.3m (£841.1m as at 29 January 2005)

(1) Retail profit is stated before central costs, exceptional items and share of
joint venture and associate interest and tax

Q3 Highlights (all figures are in constant currency)

•              Group retail profit down £42.7 million to £157.1 million.
               International profit growth more than offset by lower profits in 
               the UK;
•              B&Q sales down 4% in a weakening home improvement market;
•              In France, Kingfisher outperformed the market with sales up 9%;
•              Rest of Europe performed strongly with sales up 27%;
•              In Asia, sales up 48% boosted by the OBI acquisition and new
               store openings.


Gerry Murphy, Group Chief Executive, said:

'The UK retail environment continues to weaken, significantly impacting B&Q's
sales and profits.  We have taken firm action to support sales and manage costs
and to ensure that B&Q is well placed for market recovery. Outside the UK, where
Kingfisher generates half its sales, strong growth and development continued
with sales up 15% and profits up 9%.'

UK

For the 13 weeks ended 29 October 2005

                             Retail Sales £m             % Total          % LFL     Retail Profit £m            % Total
                                                          Change         Change                                  Change
                           2005/6       2004/5                                     2005/6    2004/5

UK(1)                        1,024.5      1,044.5          -1.9%          -6.2%         53.3        105.5        -49.5%

(1)     UK includes B&Q in the UK and Screwfix Direct.  It excludes B&Q Ireland,
which is now reported within 'Rest of Europe'.

UK Retail Market -  Continued weakening consumer demand for housing-related
products, together with widespread price promotion and rising costs, is
seriously impacting UK retail performance.  In the three months to October,
British Retail Consortium data showed 'other non-food' like-for-like sales
declining for the fourth consecutive quarter, and ONS data for the value of
household goods retail sales showed a fall of 5.8%.  Fewer customer shopping
trips (lower footfall) continued to be the main contributor to weakening sales,
with consumers requiring a promotional stimulus to consider discretionary,
higher ticket purchases like major household projects.

B&Q's total sales fell 3.9% to £952.7 million (-8.4% LFL).  During the quarter B
&Q lowered prices for customers, for example in ranges of paint, light-bulbs and
entry level kitchens. In addition, the new 'Real Deal' marketing campaign and
increased event activity, including a '10% off' weekend and a 'Big Project'
weekend, were successful in attracting more customers into stores, driving
market share and reducing overall stock levels below those of last year.

Retail profit was £50.3 million (2004/05: £106.7 million).  Gross margins were
two percentage points lower, reflecting price reductions, promotional activity
and stock clearance.  LFL cost inflation was driven by increases in store rents,
rates and energy costs.  LFL cost inflation of 4% is expected for the full year.
If current market conditions persist, retail profit margin will fall further
in the fourth quarter.

Store development - B&Q opened two new Warehouse stores in the third quarter.
One of these (Gloucester), is showcasing new 'room set' merchandising techniques
and new ranges targeted at increasing B&Q's share of customers' project spend.
B&Q also opened two new mini-Warehouses and converted eight Supercentres to the
mini-Warehouse format.  B&Q now has 115 Warehouse stores, 80 mini-Warehouses and
142 of the original Supercentres.  One Warehouse store and one mini-Warehouse
will open in the remainder of the year.

18 of the 22 store closures announced at the interim results in September will
be completed during the fourth quarter with the remainder of the store
rationalisation programme due to commence next year.

UK TRADE

Screwfix Direct has recovered strongly from last year's operational disruption,
with sales up 34.5% to £71.8 million, with new ranges of radiators and own-brand
power tools performing well.  The six trial 'Trade Counters' are trading well
and 15 more will be opened during 2006.  Retail profit of £4.7 million was £5.9
million higher than last year driven by the strong sales growth and £2 million
of one-off costs in the prior year comparatives.

Trade Depot - The first Trade Depot branch was opened on 3 November, after the
quarter ended.  Development costs of £1.7 million were incurred in the quarter.

FRANCE

For the 13 weeks ended 29 October 2005


Retail sales £m                             2005/6          2004/5           % Change           % Change          % LFL
                                                                           (Reported)         (Constant)         Change
France                                       735.6           671.3               9.6%               9.3%           6.0%


Retail profit £m                            2005/6          2004/5           % Change           % Change
                                                                           (Reported)         (Constant)
France                                        76.6            66.1              15.9%       15.2%



2005/06 £1 =1.4639 euro: 2004/05 £1 = 1.4870 euro

French Market - According to Banque de France, comparable DIY store sales growth
in France was 3.6% in the three months to October, a return to growth following
the impact of adverse weather and general uncertainty in the first six months of
the year.

Kingfisher continued to outperform the market with LFL sales up 6.0%. Total
sales in France grew 9.6% (+9.3% constant currency) to £735.6 million, with
retail profit of £76.6 million up 15.9% (+15.2% constant currency).

CASTORAMA sales grew by 4.8% (+4.6% constant currency) to £416.4 million (+3.7%
LFL), driven by growth in both footfall and average transaction values.  Sales
were strongest in the Showroom category which benefited from new ranges of
kitchens and bathrooms, supported by a new catalogue.  New ranges of lighting,
paint and textiles performed well.

Retail profit of £46.7 million grew by 14.2% (+13.6% constant currency).  The
retail profit margin benefited from Kingfisher's Strategic Supplier Management
(SSM) programme and other cost-productivity savings which more than offset lower
prices and higher marketing costs.

Store development - Two stores were relocated, taking the total of new format
Castorama stores to 24.  The performance of these new format stores continues to
improve.

BRICO DEPOT sales grew 16.5% (+16.1% constant currency) to £319.2 million (+9.4%
LFL) against strong comparatives.  Sales growth was strong in all categories
driven by improved product ranges and promotional catalogues.  Retail profit
increased 18.7% (+17.7% constant currency) to £29.9 million.  Retail profit
benefited from improving scale efficiencies and SSM buying synergies which more
than offset £2 million additional pre-opening costs and investment in new
distribution and IT systems.

Store development - Brico Depot opened three new stores and one new store is
planned for the remainder of the year.

REST OF EUROPE

For the 13 weeks ended 29 October 2005


Retail sales £m                         2005/6          2004/5            % Change           % Change          % LFL
                                                                        (Reported)         (Constant)         Change
Rest of Europe(1) (2)                    220.3           164.0               34.3%              27.0%           9.8%


Retail profit £m                         2005/6          2004/5            % Change            % Change
                                                                         (Reported)          (Constant)
Rest of Europe(1)                          29.7            26.6               11.7%                7.6%



(1)     Rest of Europe includes Castorama Poland, Castorama Italy, Brico Depot
Spain, Koctas in Turkey, B&Q Ireland, Castorama Russia and Hornbach in Germany
and central Europe.

(2)     Joint Venture sales are not consolidated.

Rest of Europe sales increased 34.3% (+27.0% constant currency) to £220.3
million (+9.8% LFL), and profits increased 11.7% (+7.6% constant currency) to
£29.7 million.  This was after £2 million additional pre-opening costs and £3
million additional investment in Spain and Russia.

Castorama Poland sales increased 40.2% (+26.4% constant currency) to £117.8
million (+13.2% LFL) against weak comparatives in the wake of the introduction
of higher VAT rates last year. Retail profit increased 57.1% (+45.5% constant
currency) to £17.6 million.  Strong sales growth and good cost control more than
offset the impact of lowering prices.  One new store opened, taking the total to
29.

Castorama Italy sales increased 13.6% (+13.2% constant currency) to £72.0
million (+6.9% LFL).  This strong performance in a challenging market was
supported by new catalogues and additional promotional activity.  Retail profit
increased 9.3% (+9.3% constant currency) to £8.2 million after £1.0 million
higher pre-opening costs.

Castorama Italy opened one new store in the quarter, taking the total to 24.  It
will open two new stores in the remainder of the year.

B&Q Ireland opened three mini-Warehouse stores, taking the total to seven.
Brico Depot in Spain opened one further store in the quarter.  Development
continued at Castorama in Russia, with the first stores expected to open in
2006.  Koctas in Turkey, a 50% joint venture, continued to improve
profitability, benefiting from the Kingfisher SSM programme.    Hornbach, the
leading German and central European DIY warehouse retailer in which Kingfisher
has a 21% economic interest, contributed £0.4 million less to retail profit than
last year.

ASIA

For the 13 weeks ended 29 October 2005


Retail sales £m                         2005/6          2004/5            % Change           % Change          % LFL
                                                                        (Reported)         (Constant)         Change
Asia(1) (2)                               87.7            57.4               52.8%              48.4%           4.7%


Retail profit £m                         2005/6          2004/5            % Change            % Change
                                                                         (Reported)          (Constant)
Asia(1)                                    -2.5             1.6                 n/a                 n/a



(1) Asia includes B&Q China, B&Q Taiwan, and B&Q Home South Korea.

(2) Joint Venture sales are not consolidated.

Asia sales increased 52.8% (+48.4% constant currency) to £87.7 million (+ 4.7%
LFL).  Expansion costs offset underlying profit growth in China and Taiwan.

B&Q China sales were £85.3 million, up 48.6% (+44.3% in constant currency).  LFL
was 4.7% despite adverse weather and temporary government restraints on the
Shanghai housing market early in the quarter.  Retail losses of £1.3 million
include £2 million post-acquisition trading losses from the 13 stores acquired
from OBI in June and £1 million higher pre-opening costs.  Excluding these, the
underlying B&Q China stores delivered retail profit of £1.7 million.

During the quarter, five stores were opened, taking the total to 43.  Five
further stores are expected to open before the end of this financial year.  The
programme to integrate the 13 stores acquired from OBI in June is proceeding in
line with expectations.  Ex-OBI stores have been re-branded B&Q and the
transition to B&Q's systems, merchandising and product offer has begun.  It is
estimated this conversion process will be completed in the first half of next
year.

B&Q Taiwan, a 50% joint venture, delivered retail profits of £1.7 million, up
30.8% (+30.8% constant currency), driven by good sales growth, benefits of the
Kingfisher SSM programme and strong cost control.  One new store will open in
the remainder of the year.


Enquiries:

Ian Harding, Group Communications Director                                           020 7644 1029

Nigel Cope, Head of Communications                                                   020 7644 1030



Heather Ward, Head of Investor Relations                                             020 7644 1032



Further copies of this announcement are available at www.kingfisher.com or by
application to: The Company Secretary, Kingfisher plc, 3 Sheldon Square, London,
W2 6PX.

Company Profile

Kingfisher plc is Europe's leading home improvement retail group and the third
largest in the world, with over 650 stores in 10 countries in Europe and Asia.
Its main retail brands are B&Q, Castorama, Brico Depot and Screwfix Direct.
Kingfisher also has a 21% interest in, and strategic alliance with, Hornbach,
Germany's leading DIY Warehouse retailer, with 121 stores in Germany and
neighbouring countries.


DATA BY COUNTRY as at 29 October 2005


                                                   Store numbers              Selling space           Employees
                                                                               (000s sq.m.)               (FTE)
B&Q                                                          337                      2,328
Screwfix Direct                                                7                          1
Total UK                                                     344                      2,329              27,670
Castorama                                                    102                        983
Brico Depot                                                   70                        364
Total France                                                 172                      1,347              17,405
Castorama Poland                                              29                        254
Castorama Italy                                               24                        153
Brico Depot Spain                                              7                         32
Koctas, Turkey                                                 5                         24
B&Q Ireland                                                    7                         47
Total Rest of Europe                                          72                        510               8,655
B&Q China                                                     43                        475
B&Q Taiwan                                                    19                         95
B&Q Home, South Korea                                          1                          7
Total Asia                                                    63                        577              10,872
Total                                                        651                      4,763              64,602



NINE MONTHS - 39 weeks to 29 October 2005




                          Retail Sales £m            % Total          % LFL        Retail Profit £m        % Total
                       2005/06       2004/05          Change          Change    2005/06        2004/05      Change
                                                                                                          (Reported)
                                                    (Reported)
B&Q                       3,049.4       3,143.3              -3.0%        -7.5%
Screwfix Direct             200.0         176.6              13.3%        13.3%
Total UK                  3,249.4       3,319.9              -2.1%        -6.3%       202.5      330.6          (38.7)%

Castorama                 1,234.4       1,224.5               0.8%        -1.0%
Brico Depot                 882.9         737.4              19.7%         8.7%
Total France              2,117.3       1,961.9               7.9%         2.8%       178.6      168.1             6.2%

Castorama Poland            298.4         242.1              23.3%        -7.1%
Castorama Italy             201.9         173.6              16.3%         6.1%
Other Europe(1)              81.5          45.7              78.3%
Rest of Europe (1)          581.8         461.4              26.1%        -2.3%        68.0       68.0             0.0%
(3)

B&Q China                   196.0         141.9              38.1%         6.9%
Other Asia(2) (3)             3.0             -                  -            -
Asia                        199.0         141.9              40.2%         6.9%       (2.9)        0.4              n/a
Total                     6,147.5       5,885.1               4.5%        -2.6%       446.2      567.1          (21.3)%





(1) Other Europe includes Brico Depot Spain, Koctas in Turkey, B&Q Ireland,
Castorama Russia and Hornbach in Germany and central Europe.

(2)  Other Asia includes B&Q Home South Korea.

(3) Joint venture sales are not consolidated.








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