Trading Statement

Buckland Investments PLC
23 August 2001



                    BUCKLAND INVESTMENTS plc ('Buckland')

Buckland's two French subsidiaries, Connectic Metallo SA and its immediate
holding company CM Investissements SA, on 26th July 2001 entered into a
Procedure de Redressement Judiciaire.  This is a French insolvency procedure,
which has the effect of freezing both of the companies' outstanding
liabilities, whilst allowing them to collect their receivables and to continue
trading.  By negotiation with the French Court, the frozen liabilities will
then be repayable out of the companies' future profits over a period of
between eight and ten years.  Both companies remain wholly owned subsidiaries
of Buckland.

Following the completion of the transfer of all the group's manufacturing
operations to Thailand last year, the group's principal operating company is
Euro Asia Connectors Co. Ltd ('EAC') incorporated and based in Bangkok.  This
company, which is not affected by the judicial proceedings in France, now
undertakes all of the group's manufacturing and distribution activities
worldwide, with Connectic Metallo's role being reduced to the provision of
technical and sales support in Europe with a staff of two employees.

It is anticipated that Buckland's audited results for the year ended 31st
December 2000, together with the unaudited interim figures for the six months
to 30th June 2001 will be completed and issued not later than 31st October
this year.  The results will show a significant loss for last year as a result
of the heavy restructuring costs arising out of the transfer of all
manufacturing to Thailand and the closure of the factory in France.

However, management accounts for the six months ended 30th June 2001 show that
EAC achieved a pre-tax profit in excess of £300,000 and that, as a result,
Buckland made a profit.

With the French operations now reduced to a support role for European sales,
the Board believes that the group will now enjoy continuing profitability and
improving liquidity over the second half of this year.

It is the Board's intention to request a resumption of trading in Buckland's
shares on AIM, once the audited consolidated accounts for 2000 have been
posted to shareholders.


All enquiries to Patrick Rogers on 07711 420702.