Trading Statement/Directorate

S & U PLC
19 February 2002


   RESULTS FOR YEAR TO BE 'MATERIALLY AHEAD' 
   OF EXPECTATIONS
   
   BOARD CHANGES
   
   Consumer credit and motor finance group S&U PLC announces
   that, based on present indications, profits before tax for
   the year ended 31st January 2002, due to be announced in
   April, will be materially ahead of market expectations.  In
   September 2001 the company announced that profits for the
   first half of the year were up 30% at £4.2 million with
   chairman Derek Coombs commenting that 'continued progress'
   was expected in the second half.  In the year to end
   January 2001 pre-tax profits for the group were £7.6
   million.
   
   S&U also announces that Bob Fisher, the company's Finance
   Director, is stepping down from the Board for personal and
   family reasons.  Mr Fisher, 64, joined S&U in 1974. 
   Pending the appointment of a successor to Bob Fisher, David
   Maiden, the Company Secretary, becomes the group's Chief
   Financial Officer, in which capacity he will report to Mr
   Anthony Coombs, Managing Director.
   
   In addition, Fiann Coombs has been appointed a non-executive director of   
   the company.  Mr Coombs, 32, is an economic analyst and has recently       
   conducted a six-months' review of the company's operations which provided  
   the background to his appointment.
   

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