Statement re Share Price Movement

Ross Group PLC
7 December 1999



             Ross Group plc ('the Company')
                    Trading Statement
                            
The  Directors  of the Company have noted  the  continued
rise in the Company's share price.

Whilst  the  Directors remain hopeful that the  proposals
currently being negotiated involving a heavily discounted
underwritten  rights  issue  and  a  refinancing  of  the
Company (as previously announced on 1 December 1999) will
reach  a satisfactory conclusion, shareholders should  be
aware  that in the event they are not, it is likely  that
the Company will be unable to continue to trade.

A further announcement will be made in due course.