Interim Results - Part 1

Kingfisher PLC
15 September 2005

EMBARGOED UNTIL 0700 HOURS

Thursday 15 September 2005



                                 Kingfisher plc
              Interim results for the 26 weeks ended 30 July 2005

Group Financial Highlights

                                                        2005/06            2004/05     Change       Constant Currency
Retail sales                                          £4,079.4m          £3,947.9m      +3.3%             +1.8%

LFL sales                                                - 3.4%              +6.1%

Retail profit (1)                                       £289.1m            £367.3m     -21.3%             -22.8%

Adjusted pre-tax profit (2)                             £254.3m            £329.3m     -22.8%

Pre-tax profit                                          £250.8m            £287.6m     -12.8%

Post-tax profit (3)                                     £165.5m            £193.6m     -14.5%

Adjusted basic EPS (2)                                     7.2p               9.7p     -25.8%

Basic EPS                                                  7.1p               8.4p     -15.5%

Interim dividend                                          3.85p              3.85p        -

Net debt      £1,048.3m (£841.1m as at 29 January 2005)


(1) Retail profit is stated before central costs, exceptional items and share of
joint venture and associate interest and tax

(2) Before exceptionals (see note 3 of interim financial report) and gains &
losses on retranslation of intercompany loan balances included within financing
(see note 4)

(3) Profit for the period attributable to equity shareholders


First Half Highlights

•        Difficult trading conditions in the UK and France impact sales and
         profits;
•        Maintained share in a declining UK RMI market;
•        Continuing overall growth in challenging French market;
•        Expansion in Rest of Europe and Asia proceeding well;
•        Purchase of OBI stores in China completed;
•        Increased debt reflects the acquisition of OBI and weaker trading;
•        Interim dividend maintained at 3.85p.

Update

•        UK market conditions have continued to deteriorate into the second
         half;
•        New B&Q management acts to cut costs, stimulate sales and re-position
         the business;
•        One-off charge of around £200 million for B&Q head office and store
         rationalisation in the second half;
•        UK Trade project underway through Screwfix Trade Counters and new Trade
         Depot format.


Gerry Murphy, Chief Executive, said:

'Whilst these are the toughest markets Kingfisher has faced in many years,
particularly in the UK, B&Q UK and Castorama France are acting to drive sales
and improve cost productivity.  At the same time, we are continuing to invest in
new growth areas, such as the expanding home improvement markets in the rest of
Europe and Asia, and the trade market in the UK.  We remain convinced that our
home improvement markets are fundamentally attractive and that the actions we
are taking will position Kingfisher well for the future.'


FIRST HALF TRADING (all figures are in constant currency unless otherwise
stated)

It has been a challenging period for Kingfisher.  Difficult trading conditions
in the UK and France had a clear impact on the first half trading performance
with retail sales up 1.8% (down 3.4% like-for-like (LFL)) and retail profit down
22.8%.

In the UK in particular, B&Q has faced some of the toughest trading conditions
in many years as escalating energy costs, higher taxes and pension
contributions, rising debt burdens and a weak housing market impact consumer
confidence and spending power.  Continuing space expansion by UK retailers and
price deflation have also impacted LFL sales.  'Higher ticket' projects, such as
kitchens, bathrooms and bedrooms have been particularly affected, reflecting
both weaker spending and the significant downturn in housing transactions.

As a result, the UK Repair, Maintenance and Improvement market declined by 2% in
the first half.  B&Q's sales were similarly affected with customer footfall down
year on year.  In June, Ian Cheshire was appointed Chief Executive of B&Q UK.
He and his new management team have launched a comprehensive programme of
actions to improve trading performance and reposition the business for the
future.

In France, the DIY market grew at its slowest rate for eight years.  Rising
unemployment caused demand to soften, whilst price deflation and increased
competition had a further impact on DIY like-for-like sales. Total Kingfisher
sales in France grew 4.7% (up 1.0% LFL) with retail profit down 2.2%, after
higher revitalisation costs and the roll out of improved Showroom and Decorative
ranges at Castorama. The Brico Depot discount format continued to expand and
traded well against strong comparisons.

In the Rest of Europe and Asia, Kingfisher's sales grew by 15.2% (down 5.2% LFL)
with retail profit down 16.0%.  A strong performance from Castorama Italy was
offset by Castorama Poland, which faced tough comparatives in a market
continuing to be affected by the introduction of higher VAT rates in 2004.  B&Q
China consolidated its position as market leader, completing the purchase of OBI
China which will result in B&Q China operating around 50 stores by the end of
the year. The first B&Q store in South Korea opened in June, taking the number
of countries in which Kingfisher operates to 10.  Development costs in the new
markets of Spain, South Korea and Russia increased by £3 million.  For the full
year this investment is expected to increase by £7 million.

FUTURE DIRECTION

Kingfisher aims to provide attractive returns for shareholders, whilst at the
same time investing new capital in developing longer term growth opportunities.
This will be delivered by:

•        building on strong leadership positions in the UK and France, and
         driving new growth opportunities in these markets;

•        expanding established businesses like Poland, Italy and China;

•        investing in development opportunities in new markets, currently Spain,
         Turkey, South Korea and Russia;

•        using Kingfisher's buying scale and international diversity to offer
         customers better value and innovation.

In support of the overall Group objectives, priorities have been set by region
as follows:

UK

Against the background of a UK market which has continued to deteriorate into
the second half, the new management team at B&Q has launched an action programme
to address B&Q's trading and longer-term positioning:

•        Firstly, driving higher sales per square metre from existing stores.
This means updating key ranges, emphasising its leading value credentials, and
improving product availability and customer service. In the longer-term, the
larger B&Q Warehouse stores will be adapted to offer a broader range of products
needed for complete home improvement projects and the associated finishing
touches, alongside existing core DIY products. This initiative is well advanced
and two further trial stores will open in the second half in Gloucester and
Milton Keynes.

•        Secondly, reducing its operating cost base. The recently announced
streamlining of B&Q's Store Support Office in Southampton was a first step.

•        Thirdly, B&Q will close 22 stores in markets already well served by
other B&Q stores.  Around 16 of B&Q's larger Warehouse stores will be converted
to the new mini-Warehouse format, releasing space which will be marketed to
other retailers. This will represent a reduction of around 7% of total selling
space. With B&Q stores already accessible to most of the UK population and
property costs inflating significantly, future store development will focus
principally on revamping existing stores and opening new lower cost, higher
return mini-Warehouses.  The new management expects to be able to transfer most
of the staff affected to other stores.

The pre-tax exceptional costs of rationalising the store portfolio and reducing
the cost base are expected to be around £200 million, of which around £50
million is non-cash.  In aggregate the programme is expected to pay back within
five years.

To complement B&Q's largely retail consumer business, Kingfisher has established
a UK Trade division to target the £50 billion UK market for trade and building
materials.  In addition to its established on-line and catalogue-based offer,
Screwfix Direct opened six Trade Counter branches which are performing well.
Two 'Trade Depot' branches, based on the highly successful Brico Depot discount
format in France, will be trialled later in the year, principally targeting
general builders and specialist trade customers.

FRANCE

Kingfisher will continue to target market share growth through a twin-track
development of its full range Castorama home improvement format and the discount
Brico Depot format. Revitalisation of the Castorama business is on track with
improvements delivered in product ranges, pricing and cost productivity.  A
quarter of the store network is now in the new format and these stores are
showing good economic returns.  Revamps of existing stores will continue
alongside new openings. The Brico Depot discount format has proved popular with
consumer and trade customers and now operates 67 stores, including 26
transferred from Castorama.  The roll-out of new stores will continue towards an
objective of 100 stores in France.

REST OF EUROPE AND ASIA

Expansion across the rest of Europe and Asia provides Kingfisher with
opportunities to grow and improve economic returns over the medium-term. Those
businesses that have already achieved critical mass and market leadership are
contributing strongly to overall growth and are delivering above average
economic returns.  New stores will continue to be added in these markets as
quickly as possible.  In China, for example, B&Q recently acquired the stores of
OBI, one of its main competitors, and by the year end will have doubled in size
to around 50 stores.

Kingfisher will also enter new markets where the future growth and economic
returns potential look attractive.  In the first half B&Q opened its first store
in South Korea and work continues on the opening of the first Castorama store in
Russia in early 2006.

BUYING SCALE AND INTERNATIONAL DIVERSITY

Kingfisher will continue to build on its Strategic Supplier Management (SSM)
programme which, over the last three years, has enabled the Group to combine the
buying power of all its businesses, source more product direct from suppliers in
Asia and elsewhere, and to develop private label products exclusive to
Kingfisher companies.  Kingfisher businesses will also continue to share
experiences and capabilities from operating in 10 different countries.

UK

For the 26 weeks ended 30 July 2005

                             Retail Sales £m             % Total          % LFL     Retail Profit £m            % Total
                                                          Change         Change                                  Change

                           2005/6       2004/5                                     2005/6    2004/5
UK(1)                        2,224.9      2,275.4         (2.2)%         (6.4)%        149.2        225.1       (33.7)%



(1)     UK includes B&Q in the UK, Screwfix Direct and Trade Depot development
costs.  It excludes B&Q in Ireland, which is now reported within 'Rest of
Europe'.

UK Market. British Retail Consortium data for the six months to July showed a
decline in 'other non-food' LFL sales of 3.8%, with the three months to July
being the third consecutive quarter of declining LFL sales.  Home improvement
related categories such as furniture, flooring and household textiles showed a
steeper decline, driven by falling sales of big ticket items, impacted by
reduced consumer demand, a significant downturn in housing transactions, more
competition and widespread, deep price promotion.  B&Q estimates that the
overall UK Repair, Maintenance and Improvement market declined by 2% in the
first half and Kingfisher broadly maintained its market share at 14.7%.

B&Q's total sales fell 2.6% to £2,096.7 million (down 7.0% LFL) reflecting
reduced footfall, although average transaction values remained steady.  Trade
categories performed relatively better, being less impacted by weather and
retail consumption trends.  Sales of seasonal products improved in the second
quarter, boosted by good weather in June, resulting in stock levels at the end
of the first half being in line with plans.  New product ranges including the
new 'Airforce' DIY fixed air conditioning unit, new 'Fun' garden leisure
products, and new outdoor paint ranges sold well.  Sales of kitchens, bathrooms,
ceramic tiling and flooring were weak, compared with a strong market last year.

Store development - B&Q opened three new Warehouse stores, closed one and
extended one during the first six months.  B&Q also opened four new
mini-Warehouses and extended one.  Five Supercentres were converted to the
mini-Warehouse format. B&Q now has 113 Warehouse stores, 70 mini-Warehouses and
152 of the original Supercentres.

The mini-Warehouse format continues to outperform the rest of the store estate.
B&Q will create a further 14 mini-Warehouses in the second half including one
new location, two relocations and 11 revamps of existing Supercentres. The
programme of store space rationalisation announced today will also commence in
the second half.

Retail profit declined 34.2% to £144.1 million and retail profit margin declined
from 10.2% to 6.9%.  Gross margins fell due to higher shrinkage and lower
rebates, mainly as a result of lower than expected sales.  A 7% increase in
existing store rents and a 14% increase in business rates, together with higher
distribution costs for home fulfilment, and higher utility and fuel bills, were
only partly offset by some overhead savings, £6 million lower pre-opening costs
and one-off £4 million rate refunds.  LFL cost inflation, before adding 5% new
selling space, is estimated to be around 4% for the full year before the
exceptional action.

In the second half, B&Q will continue to update its product ranges with new,
more contemporary ceramics and wall decor ranges being rolled-out across all
stores by the end of the year. Stronger marketing and price activity will
continue, including more events to drive footfall.  B&Q expects to invest more
in lowering prices for customers in addition to extending its over 60s discount
card.

UK TRADE

Screwfix Direct started to rebuild customer demand following the complete
reconfiguration of its fulfilment operations last year.  The six trial 'Trade
Counters' opened in the first six months of this year are proving very popular
with customers.

Sales increased 4.1% to £128.2 million, with growth of 7.6% in the three months
to July.  Range development and improvements to the catalogue drove strong
growth in plumbing, hand tools and bathrooms.  Retail profit of £6.2 million is
in line with last year and includes £1 million of costs related to the set-up of
Trade Counters.

Trade Depot - Two new 'Trade Depot' branches will open later in the year with a
similar product offering to Brico Depot in France, including a focused range of
doors and windows, heating and plumbing equipment, and kitchens and bathrooms.
Development costs are expected to reach £4 million in 2005/06.

FRANCE

For the 26 weeks ended 30 July 2005

Retail sales £m                             2005/6          2004/5           % Change           % Change          % LFL
                                                                           (Reported)         (Constant)         Change
France                                     1,381.7         1,290.6               7.1%               4.7%           1.0%


Retail profit £m                            2005/6          2004/5           % Change           % Change
                                                                           (Reported)         (Constant)
France                                       102.0           102.0             (0.0)%       (2.2)%


2005/06 £1 =1.4622 euro 2004/05 £1 = 1.4952 euro

In France, total sales grew 7.1% (+4.7% constant currency) to £1,381.7 million
(up 1.0% LFL) with retail profit of £102.0 million (-2.2% constant currency).
The continued growth of the Brico Depot discount format was offset by increased
investment in store modernisation and new range implementation by Castorama.

French Market - According to Banque de France, DIY comparable store sales growth
in France declined 0.3% in the six months to July.  The market was impacted by
strong price-competition, adverse weather and general uncertainty, particularly
evident during the European Constitution referendum campaign.  Kingfisher's
market share continued to grow with LFL sales up 1.0%.

CASTORAMA's revitalisation also continued with the full roll-out of new, more
contemporary decorative, shower and kitchen ranges.  In total, over 6,000 new
products were introduced.  Six store revamps were completed.  This activity
caused some disruption, reducing LFL sales growth by around 2 percentage points.

Sales declined by 1.1% (-3.3% constant currency) to £818.0 million (down 3.2%
LFL), reflecting the above disruption and a higher participation of cheaper
own-brand and direct-sourced product.  Sales were strongest in those product
categories least affected by significant range change during the period.
Seasonal products did well, boosted by the launch of a new 200 page catalogue in
March and strong sales of new ranges of outdoor pools and garden furniture.  Air
conditioning units sold well during warm weather in June and July.

Pricing and marketing - Following the introduction of new ranges, a Showroom
catalogue was launched in June, and a Decorative catalogue will be launched in
the second half, with an associated billboard campaign.  The initial response
from customers has been encouraging.  In an increasingly price-conscious market,
Castorama further improved its price perception ranking from fifth to third.

Store development - Six stores were revamped in the first six months, one store
was relocated and two new stores were opened, taking the number of new format
Castorama stores to 22, with results continuing to improve.  During the six
months, three stores were closed, one due to relocation, whilst another was
converted to the Brico Depot format, continuing the transfer of stores not
suitable for revitalisation to its new format.  In the second half, Castorama
will open two more relocations.

Cost productivity - Castorama continued to develop its integrated logistics
network to improve the efficiency of the business.  The proportion of deliveries
made through the centralised distribution network increased and this, together
with improved in-store delivery processes, is enabling cost savings within
stores and better availability for customers.

Retail profit of £56.0 million declined 16.2% (-18.0% constant currency).
Retail profit margin declined from 8.1% to 6.8%.  The benefits of Strategic
Supplier Management (SSM) and other cost-productivity savings were more than
offset by lower sales, the cost of lowering selling prices for customers, over
£3 million additional investment in marketing towards the end of the second
quarter, and investment in store refurbishment and new ranges.  Castorama France
increased its participation in Kingfisher's SSM sourcing programmes; own brand
product sales grew to over 15% and direct imports to 9%.

BRICO DEPOT continued to deliver growth against strong comparatives, driven by
the introduction of new products into existing ranges, and the distribution of
its second annual catalogue.

Sales increased by 21.6% (+18.9% constant currency) to £563.7 million (up 8.3%
LFL).  Sales were strong in all categories, boosted in July with the launch of a
120-page summer catalogue.  Retail profit increased 30.7% (+27.8% constant
currency) to £46.0 million, with retail profit margins increasing from 7.6% to
8.2%.  Margins benefited from improving scale efficiencies and SSM buying
synergies.  These gains were partially offset by £1 million higher pre-opening
costs and £2.5 million investment in new distribution and IT systems.

Store development - Brico Depot opened three new stores, including one transfer
from Castorama.  Four new stores are planned for the remainder of the year.

REST OF EUROPE

For the 26 weeks ended 30 July 2005

Retail sales £m                         2005/6          2004/5            % Change           % Change          % LFL
                                                                        (Reported)         (Constant)         Change
Rest of Europe(1) (2)                    361.5           297.4                21.6              10.1%         (8.7)%


Retail profit £m                         2005/6          2004/5            % Change            % Change
                                                                         (Reported)          (Constant)
Rest of Europe(1)                          38.3            41.4              (7.5)%             (17.3)%



(1)     Rest of Europe includes Castorama Poland, Castorama Italy, Brico Depot
in Spain, Koctas in Turkey, B&Q in Ireland, Castorama in Russia and Hornbach in
Germany

(2)     Joint Venture sales are not consolidated.

Rest of Europe sales increased 21.6% (+10.1% constant currency) to £361.5
million (down 8.7% LFL), and profits fell 7.5% (-17.3% constant currency) to
£38.3 million. Another strong performance from Castorama Italy was offset by
Castorama Poland, which faced tough comparatives, and a lower contribution from
Hornbach.

Castorama Poland - In the first six months of the year, trading conditions in
Poland were difficult, with weak consumer spending, an increasingly price
competitive market and adverse weather conditions. Castorama Poland returned to
growth in the second quarter with a LFL sales increase of 4.9%, with flat retail
profit (in constant currency). This followed a decline in LFL sales of 36.1% in
the first quarter against a very strong comparative last year (up 52.7% LFL) as
customers purchased ahead of higher VAT rates.

Total sales increased 14.2% (-2.8% constant currency) to £180.6 million (down
17.3% LFL).  Retail profit fell 21.2% (-33.0% constant currency) to £20.1
million, reflecting lower sales and falling gross margins due to strong
competition on prices and consumers trading down to lower margin products.  This
was partially offset by good cost control and SSM benefits.

Castorama continued to consolidate its position as market leader, opening three
new stores.  One further store is expected to open in the remainder of the year.

Castorama Italy - In a generally challenging market, Castorama Italy grew
strongly, boosted by the continued success of new price-focused marketing and
merchandising initiatives.

Total sales increased 17.9% (+15.3% constant currency) to £129.9 million (up
5.6% LFL).  All categories improved on last year.  Retail profit increased 70.4%
(+66.3% constant currency) to £13.8 million, benefiting from the SSM programme,
volume-related cost efficiencies and £1.5 million lower pre-opening costs, which
more than offset investment in promotional activity.

Castorama Italy opened one new store.  It will open two Warehouse stores and one
'medium box' Castorama Market store in the remainder of the year.

B&Q Ireland will open three mini-Warehouse stores by the end of the year, taking
total stores to seven.  Brico Depot in Spain opened two further stores and is on
track to have eight stores by the end of the year.  Development continued at
Castorama in Russia, with the first store expected to open in early 2006.
Koctas in Turkey, a 50% joint venture, almost doubled profits in the first six
months of the year, benefiting from SSM and a significant increase in own-brand
penetration.  A new Warehouse store will open in Istanbul in the second half.
Hornbach, the leading German DIY Warehouse retailer in which Kingfisher has a
21% economic interest, contributed £4.8 million to profit, £3.5 million lower
than last year due to adverse weather and a difficult retail market in Germany.

ASIA

For the 26 weeks ended 30 July 2005

Retail sales £m                         2005/6          2004/5            % Change           % Change          % LFL
                                                                        (Reported)         (Constant)         Change
Asia(1) (2)                              111.3            84.5               31.7%              35.6%           8.5%


Retail profit £m                         2005/6          2004/5            % Change            % Change
                                                                         (Reported)          (Constant)
Asia(1)                                   (0.4)           (1.2)               66.7%               66.7%



(1) Asia includes B&Q China, B&Q Taiwan, and B&Q Home in South Korea.

(2) Joint Venture sales are not consolidated.

Asia sales increased 31.7% (+35.6% constant currency) to £111.3 million (up 8.5%
LFL).  Retail losses of £0.4 million are £0.8 million lower than last year as
progress in China and Taiwan more than covered higher start-up costs in South
Korea.

B&Q China

B&Q China consolidated its position as market leader, completing the purchase of
OBI's majority equity interest in its Chinese operations on 30 June. This
acquisition will accelerate B&Q China's growth, with around 50 stores trading by
the year end.

B&Q China sales were £110.7 million, up 31.0% (+34.8% in constant currency).
LFL growth of 8.5% reflects successful promotional activity in a price
competitive market.  Retail profit of £0.8 million was £1.4 million higher than
last year, benefiting from volume scale efficiencies and lower pre-opening
costs.

Costs of integrating OBI's systems and infrastructure and transitioning to B&Q's
identity and customer offer are expected to be around £10 million in the second
half.

B&Q in South Korea opened its first store in June 2005.  The 7,200 square metre
store offers 35,000 products and a full  'Home Project Service', building on the
experience of B&Q China, whose home decoration service designed and fitted-out
10,000 apartments in China last year.

B&Q Taiwan, a 50% joint venture, delivered 30.0% profit growth (+25.8% constant
currency), driven by good sales growth, benefits of the SSM programme and strong
cost control.  LFL sales growth was supported by nearly 10% growth in the
Hardware category driven by the launch of a range of Performance Power own-brand
power tools and by strong growth in the 'Total Solutions' installation service.
One new store opened during the period and another opening is planned in the
remainder of the year.

GROUP FINANCIAL REVIEW

Total reported sales grew 3.3% to £4.1 billion (2004/05: £3.9 billion), up 1.8%
on a constant currency basis.  During the first half an additional 29 net new
stores were added, taking the store network to 628. On an LFL basis, Group sales
were down by 3.4% (2004/05: 6.1% increase).

Retail profit fell 21.3% to £289.1 million (2004/05: £367.3 million), down by
22.8% on a constant currency basis. The profit decline was driven by lower
LFL's, operating cost inflation and investment in developing businesses.

Central costs fell 14.0% to £16.0 million (2004/05: £18.6 million) due to
phasing.  For the full year central costs are expected to be broadly in line
with last year (2004/05: £37.3 million).

Net interest costs excluding the loss on the retranslation of intercompany loan
balances, increased to £13.8 million (2004/05: £13.1 million).  The increased
interest costs incurred from the higher average net debt was mostly offset by
non-recurring interest receipts of £5.5 million relating to refunds on proposed
property acquisitions and tax refunds.

The effective tax rate on profit before exceptional items and prior year tax
adjustments is 34.2% (2004/05: 32.7%) based on current expectations for the 2005
/06 full year. This increase is primarily driven by the lower proportion of UK
generated profits compared to the prior year and an increase in development
losses in South Korea and Russia for which no tax relief is currently available.

Profit after tax (attributable to equity shareholders) decreased 14.4% to £165.7
million (2004/05: £193.5 million).

Exceptional items during the period related to £1.9 million of property disposal
profits.  Kingfisher expects to take a pre-tax exceptional charge of around £200
million in the second half from rationalising B&Q UK's store portfolio and
reducing its cost base, of which around £50 million is non-cash.

Adjusted basic earnings per share were down 25.8% to 7.2p (2004/05: 9.7p)
reflecting the decline in retail profit and increased interest costs, offset in
part by lower central costs.

The interim dividend is proposed at 3.85p per share (2004/05: 3.85p) and will be
paid on 11 November 2005 to those shareholders on the register on 23 September
2005.

Cash generated by operations were £103.9 million lower compared to the prior
period driven by reduced operating profits and a lower inflow from working
capital.  Tax paid during the period was £32.3 million higher this period due to
payments in the prior period being impacted by one-off timing benefits.

Net debt increased 24.6% to £1,048.3 million (£841.1 million at 29 January
2005), reflecting lower operating cashflow, higher capital expenditure and
business acquisitions during the period.  Net capital expenditure on new and
better stores and supporting infrastructure was £256.5 million (2004/05: £207.7
million).  Payments to acquire businesses in the period amounted to £152.1
million (2004/05: £nil) which principally related to the acquisition of the OBI
China business at the end of the period.

Following the acquisition of the OBI China business and in anticipation of the
additional contribution to the UK pension fund in the second half, Kingfisher
entered into a new committed bank revolving credit facility totalling £300
million in July 2005. This facility matures in July 2006, but Kingfisher has an
option to extend it for a further 12 months.

Enquiries:

Ian Harding, Group Communications Director                                           020 7644 1029
Nigel Cope, Head of Communications                                                   020 7644 1030

Heather Ward, Head of Investor Relations                                             020 7644 1032

Further copies of this announcement can be downloaded from www.kingfisher.com
or by application to: The Company Secretary, Kingfisher plc, 3 Sheldon Square,
London, W2 6PX.

Company Profile

Kingfisher plc is Europe's leading home improvement retail group and the third
largest in the world, with nearly 630 stores in 10 countries in Europe and Asia.
Its main retail brands are B&Q, Castorama, Brico Depot and Screwfix Direct.
Kingfisher also has a 21% interest in, and strategic alliance with, Hornbach,
Germany's leading DIY Warehouse retailer, with 119 stores across Europe

DATA BY COUNTRY as at 30 July  2005

                                                 Store numbers              Selling space             Employees
                                                                             (000s sq.m.)                 (FTE)
B&Q                                                        335                      2,305                27,207
Other                                                        -                          -                 1,387
Total UK                                                   335                      2,305                28,594
Castorama                                                  102                      1,056                13,808
Brico Depot                                                 67                        346                 4,802
Total France                                               169                      1,402                18,610
Castorama Poland                                            28                        247                 5,056
Castorama Italy                                             23                        144                 1,835
Other                                                       15                         79                 1,373
Total Rest of Europe                                        66                        470                 8,264
B&Q China (including OBI)                                   38                        415                 7,617
B&Q Taiwan                                                  19                         95                 1,824
Other                                                        1                          7                   255
Total Asia                                                  58                        517                 9,696
Total                                                      628                      4,694                65,164

SECOND QUARTER -13 weeks to 30 July 2005

                               Retail Sales £m          % Total        % LFL        Retail Profit £m        % Total
                            2005/06      2004/05        Change         Change    2005/06        2004/05     Change
                                                                                                          (Reported)
                                                      (Reported)
B&Q                            1,072.1      1,093.4          (1.9)%       (6.4)%
Screwfix Direct                   63.5         59.0            7.6%         7.6%
Trade Depot                          -            -               -            -
Total UK                       1,135.6      1,152.4          (1.5)%       (5.6)%      75.5        134.0         (43.7)%

Castorama                        435.7        437.2          (0.3)%       (2.1)%
Brico Depot                      294.4        250.1           17.7%         6.1%
Total France                     730.1        687.3            6.2%         0.9%      61.8         58.6            5.5%

Castorama Poland                 105.1         77.4           35.8%         4.9%
Castorama Italy                   73.3         64.4           13.8%         4.2%
Other Europe(1)                   27.6         16.8           64.3%
Rest of Europe (1)(3)            206.0        158.6           29.9%         3.8%      25.8         25.0            3.2%

B&Q China                         66.6         51.8           28.6%        11.5%
Other Asia(2) (3)                  0.6            -               -            -
Asia                              67.2         51.8           29.7%        11.5%       0.1          0.5         (80.0)%
Total                          2,138.9      2,050.1            4.3%       (2.7)%     163.2        218.1         (25.2)%

(1)     Other Europe includes Brico Depot in Spain, Koctas in Turkey, B&Q in
Ireland, Castorama in Russia and Hornbach in Germany

(2)  Other Asia includes B&Q Home in South Korea.

(3) Joint venture sales are not consolidated



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