Trading Statement

Pennant International Group PLC
10 February 2004

Pennant is pleased to announce that its trading results for the year ended 31
December 2003 will be in line with market expectation.  In addition, the results
for the year will benefit from a profit of approximately £160,000 arising on the
disposal of a surplus part of the Group's Southampton property.  The Company is
also pleased to report that it has continued to make significant progress in
debt reduction.

The Company intends to announce its preliminary results for the year ended 31
December 2003 on 22 March 2004.



Contacts:


Joe Thompson, Chief Executive - 07860 715196
Barrie Newton, Rowan Dartington - 0117 933 0011
Ken Rees, Binns Winningtons - 07802 466567


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