AGM Statement

Marshalls PLC 28 May 2003 28 May 2003 MARSHALLS PLC AGM STATEMENT Speaking at the Annual General Meeting today, 28 May 2003, Mr Christopher Burnett, Chairman of Marshalls plc, the specialist Landscape, Clay and Natural Stone Products Group, said: 'With our AGM being held a little later than normal this year, I am able to comment on trading for almost five months of this financial year. Sales to date are comfortably ahead of what was a period of strong trading in 2002, when particularly in the first quarter, customers stocked up in advance of the introduction of the Aggregates Levy. Cumulative sales, on a like for like basis, this year are 6 per cent ahead of 2002 after adjusting for a small acquisition, but more importantly, after excluding the sales of our flooring business sold in November 2002. Actual sales are up 1 per cent. In the Landscape Products Division, where most of the increase in customer stock levels in 2002 took place, sales are, pleasingly, ahead by 5 per cent. Market intelligence, provided by the group of independent driveway and patio installers on the Marshalls Register, continues to confirm strong order books in the domestic sector. Demand in the public sector remains strong. Sales in our remaining Divisions, Clay Products, Natural Stone and Emerging Businesses are all ahead of last year, collectively by 9 per cent on a like for like basis. On 4 July 2003, we will be providing the Market with our usual half year trading update when fuller details will be given on the performance of the business ahead of the announcement of our Interim Results on 5 September 2003.' Enquiries: Christopher Burnett Chairman Marshalls plc 01484 438900 Ian Burrell Finance Director Marshalls plc 01484 438900 Jon Coles Brunswick Group 0207 404 5959 William Cullum Brunswick Group 0207 404 5959 This information is provided by RNS The company news service from the London Stock Exchange

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Marshalls (MSLH)
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