Result of Equity Issue

Kingfisher PLC
05 August 2002


FOR IMMEDIATE RELEASE
5 August 2002

Not for release, distribution or publication in whole or in part in or into the United States, Canada, Australia,
Ireland, Japan or South Africa

KINGFISHER ANNOUNCES SUCCESSFUL PLACEMENT OF RIGHTS ISSUE RUMP

Following the announcement earlier today of the level of acceptances under the terms of the Rights Issue announced on 8
July 2002, Kingfisher announces that subscribers have today been procured for the 52,319,325 new Kingfisher shares for
which valid acceptances were not received, at a price of 181 pence per share.

The net proceeds, after deduction of the Rights Issue Price of 155 pence and the expenses of procuring subscribers,
will be paid pro rata to the persons whose rights have lapsed in accordance with the terms of the offer.

Accordingly, sub-underwriters will not be required to subscribe for any new Kingfisher Shares.



                                     -ends-





Company profile


Kingfisher is Europe's leading home improvement retailer, and is ranked number three in the world. The company
operates more than 580 home improvement stores in 11 countries, and enjoys market-leading positions in the UK,
France and Taiwan. Sales for the Home Improvement sector for the year to 2 February 2002 were more than £5.8
billion, with retail profit in excess of £430 million.


Kingfisher Electrical & Furniture operates more than 820 stores in nine countries. It is Europe's third largest
electricals retailing business by sales and number two by retail profit.  As well as holding the leading position
in France and the number two position in the UK, Kingfisher also enjoys leading positions in Belgium and in the
Czech and Slovak Republics.  Sales for the year to 2 February 2002 were more than £3.7 billion, with retail profit
of £184 million.



Further Enquiries:

Broker and Institutional Enquiries:
Ian Harding, Director of Investor Relations                                 [phone]


Media Enquiries:
Andrew Mills, Director of Corporate Affairs                                 [phone]
Jonathan Miller, Head of Corporate Comms, UK                                [phone]

France
Graham Fairbank, Head of Corporate Comms.                                   [phone]

The Maitland Consultancy:                                                   [phone]
Angus Maitland
Duncan Campbell-Smith

Euro RSCG C&O:
Laurent Wormser                                                             [phone]
Marie-Noelle Brouaux                                                        [phone]


Goldman Sachs International:                                                [phone]
Yoel Zaoui
Robin Bishop

BNP Paribas:
Thierry Varene                                                              [phone]


IMPORTANT NOTICE


This document does not constitute, or form part of, an offer, or solicitation of an offer, to purchase or subscribe for
any rights, shares or other securities.  These may only be made on the basis of information which was contained in the
prospectus published in connection with the transaction on 10 July 2002.

This announcement does not constitute an offer of securities for sale in the United States.  The information contained
herein is not for publication or distribution to persons in the United States.  The new Kingfisher shares have not been
and will not be registered under the US Securities Act of 1933 (the 'Securities Act') and may not be offered or sold in
the United States unless they are registered with the US Securities and Exchange Commission or they are exempt from the
registration requirements of the Securities Act.  There has been and will be no public offering of the new Kingfisher
shares in the United States.

Prices and values of, and income from, shares may go down as well as up and an investor may not get back the amount
invested.  It should be noted that past performance is no guide to future performance.  Persons needing advice should
consult an independent adviser.

Each of Goldman Sachs International, UBS Warburg and CSFB is acting for Kingfisher and no one else in connection with
the rights issue and will not be responsible to any other person for providing the protections afforded to their
respective clients or for providing advice in relation to the transaction.








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