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Blueheath Holdings (BOK)

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Friday 05 May, 2006

Blueheath Holdings

Trading Update

Blueheath Holdings PLC
05 May 2006


For immediate release                                                5 May 2006


                     BLUEHEATH HOLDINGS PLC (the 'Company')

                      Announcement of Preliminary Results

Blueheath is a national delivered wholesaler which uses sophisticated,
proprietary technology to offer a substantial cost advantage over established
players in the £16.8bn grocery wholesale sector. The Company today provides an
update on trading in advance of its preliminary results which will now be
announced on 30 May 2006.

Integration Update

The Company acquired A C Ward & Son Limited ('ACW') in November 2005 following
the acquisition of CTM Wholesale earlier in the year. At the time, the Directors
anticipated that the enlarged group would be able to achieve improved operating
margins through combining buying volumes, the application of Blueheath's
technology and business processes to the ACW operation, and the integration of
central overheads.

We are pleased to report that the Company remains on track to complete the
previously identified integration work in the first quarter of the new financial
year, and has subsequently identified further cost saving opportunities for a
second phase of integration as referred to below.

Trading Update

Since last updating the market on 28 February, the Company has conducted a
detailed review of the business operations and the current customer profile and
locations to ensure that the Company is on track to be profitable when the final
stages of the integration have been completed. The review is taking into account
business integration, current trading, margin improvements and distribution
assumptions and has identified a number of opportunities to reduce further the
operating costs of the business. The review will be completed shortly and whilst
the Company is not in a position to disclose further information today, it will
be able to provide a fuller update with the announcement of its preliminary
results.

The Directors do not anticipate any material change in the outturn for the
2005-06 financial year from the position as reported on the 28 February.

Blueheath Holdings plc                                        Tel: 020 7689 2455
Douglas Gurr, Chief Executive                                 Tel: 020 7689 2464
Simon Mindham, Finance Director

Buchanan Communications                                       Tel: 020 7466 5000
Mark Edwards / Nicola Cronk / James Strong




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