AGM Statement

Nichols PLC
16 May 2006



Date:         Embargoed until 11.00hrs, Tuesday 16 May 2006




Contacts:     John Nichols, Executive Chairman
              Brendan Hynes, Group Finance Director
              Nichols plc
              Telephone:    [phone]
              Website:      www.nicholsplc.co.uk

              Alistair Mackinnon-Musson
              Hudson Sandler
              Telephone:    [phone]   
              Email:        [e-mail]



                             Nichols plc

                            AGM Statement


John Nichols, Chairman of Nichols plc, the soft drinks group, made the following
statement at the company's Annual General Meeting held today:


'In overall group terms, both our Soft Drinks and Beverage Systems Operations
are trading in line with our expectations at this early stage in the year'.


'We are also pleased to announce agreement has been reached to franchise our
north west and north east Beverage Systems Operation to DJ Drink Solutions Ltd,
a new company established by Terry Bates, the Managing Director of our Cabana
business. This move is in line with our strategy to convert the majority of our
Systems business to a franchised distributor model, with lower capital
expenditure'.


'As a result, Terry has stepped down from his current role and I would like to
thank him for his contribution to the business over the last 10 years.  We wish
him every success in his new business venture as a Cabana franchisee.  This
development means we have successfully secured six new regional franchisees for
Cabana in the last twelve months.  Additionally, we directly own three regional
Cabana businesses based in Brighton, London and Glasgow'.


'In our Soft Drinks Operation, the re-launch of the Panda brand as a natural
flavoured, sugar free drink was completed in April 2006 and to date it has been
very well received by the trade'.



                                    - ENDS -



Note To Editors:


The Nichols group has two principal operations:


1) Soft Drinks (primarily involved in the sale of soft drinks, including
   Vimto, throughout the world and Panda & Sunkist in the UK) and



2) Beverage Systems (Cabana, soft drinks on draught)


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