AGM Statement

D.F.S. Furniture Company PLC
03 December 2002





3 December 2002



                           DFS FURNITURE COMPANY plc
                          CHAIRMAN'S A.G.M. STATEMENT


At the Annual General Meeting held in Doncaster today, Executive Chairman Graham
Kirkham said:

'Like-for-like sales in the first 17 weeks of the current financial year have
continued to grow by over 7%, reflecting the strong trend of the second half
last year, with margins in line with our budgets.  However, we have experienced
a softening of order intake in recent weeks, which will result in slower
like-for-like sales growth in the latter part of the first half as these orders
are translated into deliveries.

In addition to like-for-like growth through our established stores, we are also
benefiting from the opening of our new upholstery store in Hull on 27 August.
Further openings are scheduled for Birstall (Leeds) and Watford on Saturday 7
December and our new store in Aberdeen will begin trading on Boxing Day. While
the economic climate as a whole, and consumer confidence in particular, have
clearly not improved since our preliminary announcement on 17 October, I remain
as positive as ever about our huge scope for profitable expansion in the UK.  I
continue to expect that we will achieve further progress in the current year.'



Enquiries:

DFS Furniture Company plc                       Hudson Sandler
Graham Kirkham, Executive Chairman              Keith Hann
Jon Massey, Chief Operating Officer             Noemie de Andia
Ian Bowness, Finance Director                   Tel: [phone]
Tel:  [phone]


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