Trading Statement

Big Yellow Group PLC
10 January 2002


                      Big Yellow Group Plc
                                
                    Quarterly Trading Update


Big  Yellow  Group  Plc,  the self storage  company,  has  today
provided the following update on trading for the quarter  ending
31 December 2001.

*  Turnover for the quarter was £2.3 million
    - up 15% from £2.0 million for the quarter to 30 September
      2001
    - up 92% from £1.2 million for the same quarter last year

*  Annualised revenue is now £9.6 million
    - up 9% from £8.8m at 30 September 2001
    - up 100% from £4.8m at the same time last year
  
*  462,000 sq ft occupied at the quarter end
     - up 15% from 401,000 sq ft at 30 September 2001
     - up 97% from 235,000 sq ft at the same time last year

*  The number of customers increased by 13% to 6,800 compared
   to 6,000 at 30 September 2001 and 3,300 at 31 December 2000, up
   106%
  
*  Merchandise,  insurance  and other  sales  were  11.7%  of
   storage income for the quarter to 31 December 2001 (quarter to
   30 September 2001: 14.5% and quarter to 31 December 2000: 9.7%)

*  There are 19 stores currently open with a further 8 stores
   committed  providing 1.6 million sq.ft. of storage space  when
   completed; Battersea and Hounslow have opened since the Interim
   Results announcement on 5 November 2001


Nicholas Vetch, Chief Executive, commented:

'The  growth in trading activity for the final quarter  of  2001
has  been in line with that seen for the same quarter last  year
and,  consequently, we believe the seasonal upturn which we have
experienced  in previous years will be seen over  the  next  few
weeks.

'As indicated at the time of our Interim Results, we continue to
believe  that  the  self  storage  sector  provides  significant
prospects for growth.'
                                
                                
For further Information, please contact:

Big Yellow Group PLC                                01276 470190
Nicholas Vetch, Chief Executive
James Gibson, Finance Director

Weber Shandwick Square Mile                        020 7950 2800
Susan Ellis/Louise Robson