Appt of Finance Director

Lok'n Store Group PLC
05 December 2003


                             LOK'NSTORE GROUP PLC
                         ('Lok'nStore' or 'the Group')

                        Appointment of Finance Director

Lok'nStore announces that Mr Raymond Alan Davies (46) is to join the board with
effect from 19th January 2004 as Finance Director.  He will succeed Christopher
Stevens who is remaining with the Group until February 2004 to arrange a smooth
handover. Mr Davies will be on a one month rolling contract for the first six
months pending the outcome of the current discussions.

Mr Davies, a chartered accountant, has held a number of senior finance positions
in the construction and health & fitness sectors:

In 1992, he was appointed Group Finance Director and Company Secretary of
Dragons Health Clubs Plc during a period of rapid and sustained growth.
Following its acquisition by Crown Sports Plc in 2000, he was appointed Finance
Director of Crown Sports Clubs Division and Company Secretary of Crown Sports
Plc, a fully listed company.

From 1984 to 1992 Mr Davies was Group Finance Director and Company Secretary of
Mark Scott Construction Group.

Commenting on Mr Davies' appointment, Andrew Jacobs, Chairman said:

'I am delighted that Ray is joining Lok'nStore.  He will bring with him a wealth
of experience of both Aim and fully listed companies which will benefit both the
board and the Group.  He has a solid track record in the finance and strategic
arenas and will be a great asset to the business going forward.'

                                                                 5 December 2003

ENQUIRIES:

Lok'nStore Group plc                                         Tel:  [phone]
Andrew Jacobs

College Hill                                                  Tel: [phone]
Mark Garraway

Note:

In September 2002, Ray was appointed a non-executive director of Raynic Ventures
Limited (4544857) which entered in to a Creditors Voluntary Arrangement in
September 2003. This CVA continues under the supervision of the Supervisor,
Baker Tilly. There are no additional details on Mr. Davies to be disclosed under
paragraph (f) of Schedule 2 to the AIM Rules.


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