AGM Statement

Latham(James) PLC
29 August 2007

James Latham plc



Stock Exchange Announcement and Statement to the 2007 AGM



The Directors intend to issue the following statement to shareholders attending
today's AGM:



For the first four months of the current financial year, namely April to July
2007, sales are well ahead of the same period last year.  Management accounts
also indicate that margins have improved.  The results for the half-year April
to September are also expected to be ahead of last year, however the gains
received as a result of increasing prices are unlikely to continue into the
second half year.



It is too early in the financial year to be certain of the final result.



James Latham plc's interim results to the end of September will be announced on
5 December 2007.



Building on the Company's strong financial base, it is the Board's strategy to
develop the core timber distribution business.  The intention is to develop
existing depots and the product range and to expand geographically as
opportunities become available.



Peter Latham

Chairman

29 August 2007





Enquiries:


Peter Latham, Chairman                               Tel:  [phone]
David Dunmow, Finance Director                       Tel:  [phone]

Blue Oar Securities Plc
Mike Coe, Director, Corporate Finance                Tel:  [phone]




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