Positive Trading Statement

Carr's Milling Industries PLC
4 July 2002

                                                                     4 July 2002



                         Carr's Milling Industries PLC

                           Positive Trading Statement


The Board of Carr's Milling Industries PLC, the Cumbria-based Agriculture, Food
and Engineering Group, is pleased to announce a stronger than expected trading
performance during the second half of its current financial year.

Agricultural machinery sales have been particularly buoyant and the US feed
block activities have again excelled. The Engineering division is enjoying a
healthier order book although market conditions in this sector remain difficult.

Accordingly, the Directors believe that the Group's results for the financial
year ending 31 August 2002 are likely to be ahead of current market
expectations.


Enquiries:
Carr's Milling Industries plc                                      01228-554 600
Chris Holmes (Chief Executive)
Ron Wood (Finance Director)

Bankside Consultants Limited
Charles Ponsonby                                                   020-7444 4166



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