AGM Statement

Leeds Group PLC
21 March 2005


Issued on behalf of Leeds Group plc
Date: Monday, 21 March 2005
                                                               IMMEDIATE RELEASE


                                Leeds Group plc
                             Annual General Meeting


At today's Annual General Meeting, Vin Murria, Non-Executive Chairman, told
shareholders:

'In our preliminary results announcement made on 17 February 2005 we stated that
the results had been satisfactory for the quarter ended 31 December 2004, the
first quarter of the current financial year.

In the first two months of 2005, the performance of Leeds Leasing has continued
to be satisfactory but sales by Hemmers-Itex have been some 14% below the levels
achieved in January and February 2004. We believe this reflects low levels of
consumer confidence in Germany, exacerbated by a very early Easter which,
compared with last year, has reduced by 2 weeks the carnival period in which we
are very active.

We continue to seek to increase sales of Hemmers-Itex product in export markets.
We have appointed agents in Eastern Europe and have replaced an agent in a major
Western European market in which we have witnessed a marked decline in sales
over the last three years. These actions will lead to improved sales in the
medium term, but will cost in excess of £100,000 which will, in the short term,
restrict profitability.'

All resolutions were duly passed.



Enquiries:
Malcolm Wilson, Group Managing Director            Fiona Tooley
Leeds Group plc                                    Citigate Dewe Rogerson
Tel: [phone]                                 Tel: [phone]




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