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Flying Flowers Ld (FBDU)

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Monday 27 March, 2000

Flying Flowers Ld

Corporate Restructuring & Takeover Approach Denial

Flying Flowers Ld
27 March 2000

           Flying Flowers Limited ('the Company')
                 Denial of Takeover Approach
           Confirmation of Corporate Restructuring

The  Board of Flying Flowers Limited notes media speculation
that  it  is involved in talks that could lead to  an  offer
being made for the Company.  It is not involved in any  such

The Company also notes media speculation regarding corporate
restructuring  and can confirm that it is  considering  such
proposals.   As a result of media comment, the  Company  has
decided to bring forward the announcement of its Preliminary
Results  for  the year ended 31 December 1999  to  tomorrow,
Tuesday,  28  March 2000, two days earlier than the  planned
announcement date.

For further information, please contact:

Grandfield                                 0171 417 4170
Clare Abbot


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