Trading Statement

asSeenonScreen Holdings PLC
20 January 2003

                           aSeenonScreen Holdings plc

                           ('ASOS' or 'the Company')

                               Trading Statement

As predicted, turnover continued to grow strongly for the six month period
ending 31 December 2002. Sales for ASOS.com, the Company's main trading
subsidiary, increased by 300 per cent. on a like-for-like basis compared to the
same period last year, a 200 per cent. increase on the previous six month
accounting period.

Both the Company and all its subsidiaries are now trading profitably.

The Directors had anticipated that the Company would show a small profit for the
year ended 31 December 2002. Due to the Company's rapid growth, additional costs
were incurred in the run-up to Christmas in recruitment, temporary staff and
overflow warehousing. On the basis of preliminary figures for the year ended 31
December 2002, the Directors anticipate, subject to the Company's audit, that
the Company is likely to break even on an EBITDA basis for the year. This
compares to an EBITDA loss of £0.8million for the year ending December 2001.

The issue of warehouse capacity and the resulting constraint on trading has been
resolved. The Company recently signed a lease on 14 January 2003 for
considerably larger warehouse facilities to ensure that it can accommodate
further strong sales growth.

Commenting on trading, Nick Robertson, CEO of ASOS said ' it has been incredibly
encouraging to see the level of interest and trading in our expanded product
range. The lack of warehouse capacity was restrictive, this issue has now been
resolved and I am confident that 2003 will continue to show significant growth.'

Enquries:
Nick Robertson     asSeenonScreen Holdings plc     020 7240 7070
John Morgan

Mark Percy          Seymour Pierce Limited     020 7648 8700
Ewan Leggat


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