Stmnt re Share Price Movement

Kenwood Appliances PLC
13 December 2000

For immediate release

Kenwood Appliances plc

The Directors of Kenwood Appliances plc note the recent movements in the share
price of the Company and confirm that they have received a preliminary
approach that might, subject to a number of conditions, lead to an offer being
made for the Company.

Press Enquiries:

Kenwood Appliances plc     Colin Gordon, Managing Director     0239 247 6000

PricewaterhouseCoopers     Mark Butler                         020 7213 1120

PricewaterhouseCoopers, which is authorised to carry on investment business by
The Institute of Chartered Accountants in England and Wales is acting for
Kenwood Appliances plc and no one else in relation to the transaction
described in this announcement and will not be responsible to anyone other
than Kenwood Appliances plc for providing the protections afforded to
customers of PricewaterhouseCoopers or for providing advice in relation to the
transaction.

13 December 2000