AGM Trading Statement

Northgate PLC
28 September 2005



28 September 2005

                                 Northgate plc
                             AGM Trading Statement

Northgate plc ('Northgate', the 'Group'), the UK's leading commercial vehicle
hire company, will be holding its AGM today. Martin Ballinger, Chairman of
Northgate, will be making the following statement:

'In common with most other suppliers to the construction, retail and
distribution sectors, the Group has been affected by some weakness in its UK
market in the first four months of the year. In particular, fleet growth has not
been at planned levels and hire rates have weakened slightly as a result of
competitive pressure. In a similar manner to the summer of 2003, actions have
been taken to reduce the impact of these conditions in the remainder of the
year. As reported in the operational review for the year ended 30 April 2005,
the used vehicle residual market is weaker than the prior year, albeit we
continue to operate within our long-term break even range.

'Outside the UK, the acquisition of Record, coupled with the continuing good
performance from Fualsa, gives us confidence in our ability to meet the
demanding targets set for our business in Spain.
'We continue to anticipate a satisfactory outcome for the Group for the year as
a whole.

'Northgate continues to be in discussions with regard to an offer for the Group.
There can be no certainty that any offer will be forthcoming. A further
announcement will be made in due course.'

                                     -Ends-

For further information, please contact:

Northgate plc                                        Tel: [phone]
Steve Smith, Chief Executive Officer
Gerard Murray, Group Finance Director

Hogarth Partnership Limited                          Tel: [phone]
Andrew Jaques
Barnaby Fry
Edward Westropp

Further information regarding Northgate can be found on the Group's website:
http://www.northgateplc.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange