Trading Statement

Liberty PLC
10 January 2008

FOR IMMEDIATE RELEASE
10 January 2008

                                  LIBERTY Plc:

                     BUSINESS UPDATE AND CHRISTMAS TRADING

Liberty Plc ('Liberty'), the AIM-quoted iconic Regent Street emporium, today
releases its Christmas trading statement and provides a general trading update.

Sales during the four weeks to 24 December 2007 were 5% higher compared to the
same period a year ago.  The advance was led principally by Menswear, Liberty of
London the store's luxury brand, and the Beauty department, all of which
produced growing sales. Revenue during the post Christmas sales has been at a
similar level to that achieved in the prior year period.

Geoffroy de La Bourdonnaye, Liberty's Chief Executive, said: 'Given the current
high street climate prior to Christmas, this performance reflects the
attractiveness and relevance of a cutting-edge, design-led offer, together with
a distinct upmarket setting and luxury service standard.'

'Our Liberty of London luxury branded goods collection continues to perform well
in what is a highly competitive market. We continue to expand our loyal customer
base who clearly recognise that the exclusive experience of shopping at Liberty
is getting better every year. Since last Christmas Liberty has added new brands
and services including Le Labo, Murdock men's grooming, a new Champagne Bar, a
concierge desk and valet parking service.'

While underlying trading over the 12 months to 31 December 2007 has been at
similar levels to the previous period there has been restructuring expenditure
during the year as well as continued investment in the Liberty of London luxury 
brand totalling £7 million.  These costs will impact the results for the year to
December 2007.

A number of senior management appointments have been made at Liberty following
Geoffroy de La Bourdonnaye's arrival in the Summer as Chief Executive. The key
appointments announced last September are now in place and additional
appointments will be made during 2008 to further strengthen the team and provide
the foundations for Liberty's future development.

Liberty will comment in more detail on trading when annual results for the 12
months ended 31 December 2007 are announced in early March 2008.

                                     Ends.

Contacts:      Richard Balfour-Lynn, Chairman, Liberty.       Tel: [phone]
               Geoffroy de La Bourdonnaye, CEO, Liberty       Tel: [phone]
               Baron Phillips, Baron Phillips Associates      Tel: [phone]
               Nicola Marrin, David Newton, Seymour Pierce    Tel: [phone]




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