Announcement by Liberty Surf Group

Kingfisher PLC
3 March 2000



                    Announcement by Liberty Surf Group S.A.
                                       
Kingfisher draws attention to the attached announcement by Liberty Surf in
France at 08.30 (CET) on 3 March 2000.

Liberty Surf is one of Europe's premier internet providers and 45.5 percent
owned by Kingfisher.


For further information

Kingfisher plc                                    [phone]
Web                                               www.kingfisher.co.uk

Media enquiries
Gwen Gober - Director of Corporate Affairs        [phone]

Broker and Institutional Enquiries
Keith Williams - Director of Investor Relations   [phone]

France
Graham Fairbank
- Head of Corporate Communications                [phone]


                                 PRESS RELEASE
                                       
                 LIBERTY SURF TO LIST ON PARIS PREMIER MARCHE

A  global Internet and Telecoms player with a strong presence in the principal
European  markets,  with  a  clear and ambitious  strategy  and  a  successful
business  model,  the  Liberty Surf Group has the  ability  to  create  strong
shareholder value.

Liberty  Surf, the leading free internet access provider in France,  has  been
granted approval (Visa No. 00-240) by the Commission des Operations de  Bourse
to  list on the Premier Marche (main market) of the Paris Bourse, via a global
offer  of shares to institutions and a retail offer in France.  Deutsche  Bank
is  acting as Global Coordinator and Bookrunner. Liberty Surf has appointed  a
syndicate  of  banks to assist Deutsche Bank in the Offering, which  comprises
BNP  Paribas, Credit Lyonnais, Merrill Lynch, Societe Generale, HSBC.   French
retail lead manager is BNP Paribas.

The estimated value of the offer will be Euros 2.5bn - 3 billion (FFr 16.4 -19
billion).  Shares will begin trading on 16 March 2000.

Liberty  Surf was the pioneer in launching a free internet service  to  French
consumers and is now the fastest growing ISP in France, ranking as the  number
two in France in terms of registered users.

With  the  support of its two powerful founding shareholders,  Kingfisher  and
Europ@web  and  the resulting synergies in distribution and  content,  Liberty
Surf  is well-positioned to enjoy strong growth in France and internationally,
both  organically  and through an aggressive acquisition  strategy  (to  date:
Nomade, Respublica, AXS Telecom, Netradio, X-Stream(UK), Hispavista (Spain).

Liberty Surf's internet service is based on three fundamental principles: free
access  to  the Internet, attractive and diverse content, and - as a  Telecoms
operator - internet-telecom convergence.

The  Company  has ambitious plans for international expansion: the combination
of  the  extensive  Kingfisher retail network in the UK and  France  with  the
acquisitions of X-Stream (pioneer of free internet provision in  the  UK)  and
Hispavista  (a  major Spanish language internet provider) will enable  Liberty
Surf  to  establish  a strong presence in the UK and other principal  internet
markets in Europe.

Internet penetration in Europe is expected to grow substantially over the next
few years, with an expected 39% annualised growth rate in Europe to 2003.  The
Company  expects  France  to  constitute a large proportion  of  the  European
Internet  market - from 8.5 million users at the end of 1999 to 34 million  by
the  end  of  2003.  Five  countries are expected to represent  80%  of  total
European  Internet  users by 2003.  They are France, Germany,  UK,  Spain  and
Italy  and  these  are  therefore top priorities for Liberty  Surf's  European
expansion.

Through  its global perspective and visionary strategy, Liberty Surf offers  a
successful business model that is structured for growth, with revenues derived
from connectivity, advertising and e-commerce.

This has enabled Liberty Surf to attain its current strong market position  as
the  leading  French  free internet access provider, with  more  than  800,000
registered  users at 28 February 2000, and the strongest growth in the  number
of  subscribers.  To date, Liberty Surf has more than 1.4 million  subscribers
in Europe and more than 60 million pages viewed every month.

Commenting on the offer, Pierre Besnainou, CEO of Liberty Surf, said: 'In less
than  a  year, the Liberty Surf Group has already managed to build up  a  pan-
European brand, with strong positions in the fastest-growing European markets.
Our  vision for growth has already translated into a fast-track implementation
policy: three acquisitions in France, one in the UK and one in Spain.

'We  already enjoy strong support from our two largest shareholders, Europ@web
and  Kingfisher,  who  respectively provide us  with  innovative  content  and
established distribution channels.  The funds raised from the IPO  will  allow
us  to  continue to drive the growth of the business through a combination  of
aggressive  marketing  across  a broad European  base  and  through  strategic
acquisitions.'

A  preliminary  prospectus relating to the listing of Liberty  Surf  Group  SA
shares  on  the  Premier Marche (Reglement Mensuel) of the  Paris  Bourse  was
granted the COB (Commission des Operations de Bourse) visa No. 00-240  on  1st
March 2000 with the following warning : 'The COB (Commission des Operations de
Bourse)  draws  the  public's  attention to specific  characteristics  of  the
Company, particularly its lack of historical precedent, and to risks which may
arise  from  this'. Copies of the prospectus are available from the Company's
headquarters  at  10  rue Fructidor, 75834 Paris Cedex  17,  by  telephone  on
freephone  0800  119 119, from Deutsche Bank or from any authorised  financial
representative as well as on the website libertysurf.com.


For information contact:

UK -      Financial Dynamics, Hugh Morrison/ Shirley-Anne McAndrew,
                    Tel: + 44 (0) 207 831 3113

          Deutsche Bank, Hubert Keller/Charles-Henry Gaultier
                    Tel: [phone]

France  - Euro RSCG, Stephanie Raynaud - Euro RSCG Corporate
                    Tel: + 33 1 41 34 45 49