Trading Statement

Rank Group PLC
14 November 2001


                              The Rank Group Plc

           Trading Statement for the four months to 31 October 2001



Given recent events and their impact on economic conditions it is appropriate
to give an extended update that covers contemporary trading and not just the
more customary three months since the 2001 Interim results.

Results for the four months to 31 October were satisfactory, despite weaker
trading at Hard Rock since 11 September.

Gaming operating profit was ahead of last year and continues to exceed our
expectations, driven by an improving turnover trend and robust margins.
Increased promotional activity in bingo and later night opening at selected
casinos have both proved to be successful. The London casinos have been
resilient to the reduction in tourism and the Clermont has reverted to more
usual margins after a weak first half. The provincial casinos are performing
strongly helped by the successful relaunch of relocated premises in
Birmingham, Blackpool and Great Yarmouth. The first tranche of internet games
is being operationally tested and introduction to our existing gaming customer
base is imminent.

Hard Rock was immediately affected by the tragic events of 11 September. Sales
were severely reduced in the aftermath, particularly in the major tourist
markets, but are recovering steadily, if slowly. Merchandise sales are
considerably more affected than sales of food and beverage which have
responded to increased local marketing initiatives. The new Birmingham cafe
has opened and is meeting its targets. Although the majority of Hard Rock
profit for the year had been achieved by the end of August, and the business
remained profitable in September and October, operating profit for the year is
expected to be some 15% lower than last year.

Deluxe results remain in line with expectations. Film processing suffered some
disruption for two weeks in September as customers reconsidered their release
schedules. However, any effects have been recovered by high levels of
processing in October, so that cumulative volumes remain substantially ahead
of last year. The new Rome film laboratory is now fully operational and
trading profitably. Video duplication and distribution are achieving the
expected volumes albeit at lower levels than last year.

Costs remain under strict control. Cash flow is strong and our development
plans across all businesses continue unchanged.

Despite the less certain trading environment we are confident that the results
for the full year will be satisfactory.

                                   - ends -

Enquiries:

The Rank Group - 020 7706 1111
Ian Dyson, Finance Director
Kate Ellis-Jones, Director of Investor Relations

Media Enquiries:

The Maitland Consultancy - 020 7379 5151
Angus Maitland/Laura Frost/Suzanne Bartch

RG/07/01