Board Change

Lok'n Store Group PLC
4 May 2001

                             LOK'NSTORE GROUP PLC

                                 BOARD CHANGE

Lok'nStore Group plc announces that Martin O'Grady, non-executive director,
will be stepping down from the board, with effect from 4 May, 2001. The
directors would like to thank him for his contribution to the group.

ENDS

Enquiries:

Lok'nStore Group plc  Simon Thomas, chairman                 Tel: [phone]
                      Andrew Jacobs, chief executive

Biddicks              Katie Tzouliadis                       Tel: [phone]