Trading Statement

4Less Group plc (The)
09 December 2004


The 4less Group PLC ('the Company')


Following a preliminary review of the interim results and the management
accounts to the end of November 2004, the Company announces that it is unlikely
to meet the broker forecasts and anticipates making a loss for the year ended 31
March 2005. This is principally due to the slower development of the early stage
projects and higher than expected costs.

The directors have already started a strategic review, further details of which
will be set out in the interim statement which will be released on 16 December
2004.



Further information

Nigel Paul - Finance Director, 4Less
Tel: [phone]

Olly Cairns - Corporate Synergy Plc
Tel: [phone]


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