Chairman's AGM Statement

TOPPS TILES PLC 7 September 1999 Chairman's Statement at the Annual General Meeting At today's Annual General Meeting of Topps Tiles Plc, the Chairman, Stuart Williams told shareholders: 'The Group has made an excellent start to the new financial year and we are delighted to report that for the 14 weeks to 4 September we are now experiencing like for like sales growth of 10%. 'We are pleased with the performance of the re-branded ex Tile City stores and our decision to phase out bathrooms and focus on the core tile offering in all stores is improving overall returns on those stores concerned. 'This financial year we plan to add 15 new stores and to date we have opened three outlets which are located in Mitcham, Ilford and Wishaw. 'With an increasing market share, a growing tile market and our continued expansion, the Board looks forward to the future with confidence.' Enquiries: Stuart Williams, Chairman 0171 407 2100 Ann-marie Wilkinson, Biddick Associates Ltd 0171 377 6677

Companies

Topps Tiles (TPT)
UK 100

Latest directors dealings