Appointment of Sole Broker

Lok'n Store Group PLC
28 January 2004


                              Lok'nStore Group PLC

                Appointment of Sole Broker and Nominated Adviser


The Board of Lok'nStore Group PLC announces that it has appointed Investec as
sole broker and nominated adviser to the Company with immediate effect.


28 January 2004

Enquiries:

Lok'nStore Group PLC                                  Tel:  [phone]

Andrew Jacobs, Chief Executive

Investec                                              Tel:  [phone]

Rupert Krefting
David Currie

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