AGM Statement

NWF Group PLC
04 October 2007


For release at 07.30, 4 October 2007


                                 NWF Group plc

                     Annual General Meeting, 4 October 2007

                            Chairman's Trading Update


The Annual General Meeting of NWF Group plc will be held at 10.30 am today at
The Swan Hotel, 50 High Street, Tarporley, Cheshire where the Chairman will make
the following statement:

'As I promised in my statement in August at the time of our Preliminary Results'
announcement for 2006/07, I am today giving shareholders an update on trading
for the first quarter of the new financial year.

For the Group as a whole, 2007/08 was expected to be a year of further growth
but with its results very much skewed towards the second half, even more so than
in previous years. With the gradual commissioning of the Wardle warehouse
development for Distribution, our planned pre-tax profit for the first half
accounts for only 29% of the full year plan, with only 8% of this relating to
the first quarter.

We have been disappointed by the start to our financial year. The very wet
weather of June and July has led to lower sales figures in our Garden Centres
and normal cattle feeding patterns for our Feeds business have been affected by
high commodity prices. Our Distribution and Fuels' divisions have also seen slow
initial starts to their years.

Our confidence in the future remains high, although earnings growth is running
behind expectation so far this year. The full year should still, however, show
growth on 2006/07 with our longer-term ambitions undiminished. The acquisition
of new customers for Distribution is proceeding at a better than expected pace,
which we anticipate will benefit the second half-year. Price increases have been
applied in Feeds to recover the currently exceptionally high rises in raw
material costs. Fuels has an enviable track record of profitability which, given
a more normal series of winter temperatures than experienced last year, is
expected to progress again. Garden Centres has a strengthened management team,
improved sales in August and September in line with management's expectations
and the twin peak periods of Christmas and next Spring to look forward to.

I will provide a further update at the time of our Interim Statement in early
February'.



Mark Hudson
Chairman





For further information please visit www.nwf.co.uk or contact:

Graham Scott                      John West / Clemmie Carr
NWF Group plc                     Tavistock Communications
Tel: [phone]                Tel: [phone]

Mark Taylor / Freddy Crossley
Charles Stanley Securities
Tel: [phone]




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