AGM Statement

Caffyns PLC
26 July 2007



CAFFYNS PLC


AGM / INTERIM MANAGEMENT STATEMENT


26 July 2007

Caffyns is today issuing an interim management statement covering the period
since the start of the financial year and including trading for the three months
to 30 June 2007.  This statement will also be delivered at the Group's Annual
General Meeting, which takes place today.

'The Chief Executive's comments on the Company's prospects were contained in our
Annual Report. We continue to make steady progress, but remain mindful of
pressures on consumers as a result of the upward movement in interest rates,
which are currently forecast to continue.

We announced on 22 June 2007 that we have exchanged contracts for the sale of
our vacant freehold site in Hove, Sussex, conditional upon planning, for £4.5m.
We have also exchanged contracts for the sale of our vacant freehold site in
Worthing, Sussex, conditional upon satisfactory demolition of the existing
building and environmental remediation of the site which it is hoped will be
completed by the end of our financial year. The consideration of £1.075m is due
in cash when these conditions have been satisfied.

The VAT claim received (net of professional costs), referred to in our
announcement on 16 July 2007, will result in approximately £2.9m being treated
as income in our Income Statement for the half year ending 30 September 2007.

There have been no other significant changes in the financial position of the
Group over the period since the publication of its report and accounts for the
year ended 31 March 2007.'



Enquiries: Tel: [phone]

Simon Caffyn Chief Executive

Mark Harrison Finance Director







                      This information is provided by RNS
            The company news service from the London Stock Exchange