Trading Statement

Real Good Food Company Plc (The)
27 May 2005


Date:                      27 May 2005

On behalf of:              Real Good Food Company plc ('RGFC')

Embargoed until:           0700hrs





The Real Good Food Company

Trading update





The Board of the Real Good Food Company plc released the following trading
update yesterday.



Haydens revenues for the first four months of the year are up 17% on last year.
Profitability is improving.  Product development programmes continues to deliver
new listings and a major re-launch of their cream cake range has already been
implemented for Waitrose in May. New customer listings have been secured with
Budgens and plans are in place for new launches to new customers in the Autumn.
Capital investment on the new frying line will increase capacity and efficiency
at the end of the year. With the restructuring of the senior management team now
complete, the business has decided to integrate the Seriously Scrumptious
commercial and operation functions into the spare chilled capacity at the
Haydens site. As a consequence the Glastonbury site will close during the
summer, with the company seeking to re-assign the lease.



Whilst the foodservice market remains slow, reflecting the downturn in consumer
spending, Five Star's commitment to product development and excellent customer
service puts the business in a strong position to increase market share.
Revenues for the first four months of the year are 13% up on the same period
last year, which were the highest ever achieved, with a positive trend into
higher added value product ranges and an increasingly broader customer base.



At the time of the announcement of our preliminary results, the company
indicated that discussions had taken place with a number of other suppliers in
the foodservice sector of the sandwich market with a view to creating a division
capable of achieving sales of up to £30m in the next two years. During the later
part of 2004 and early part of 2005 RGFC has restructured its Coolfresh business
and prepared it for future development. In the spring of 2005, detailed
discussions were entered into to acquire a competitor, which were taken to an
advanced stage. However, unfortunately these discussions have ultimately proven
to be unsuccessful.



The Board of RGFC has reviewed the current business prospects of the stand-alone
Coolfresh operating division and believes the unit would continue to operate at
a loss in the short term and prove to have a negative cash effect on the larger
group. Consequently, the Company has announced that the Rayleigh site will be
closed during the early part of June 2005.



The Board believe that the underlying performance of its two principal business
units, Haydens and Five Star Fish, is strong and both are performing well in
their respective market places. On the basis of trading in the year to date
(excluding one-off reorganisation costs and taking advantage of an associated
tax benefit) the Directors consider that the Group is developing well and is at
the present time in line to meet market earnings expectations for the year.





For further information:



The Real Good Food Company plc                         Tel: [phone]
Pieter Totte


Numis Securities                                       Tel:  [phone]
Andrew Dawber/Nick Westlake


Redleaf Communications                                 Tel:  [phone]
Emma Kane/Duncan McCormick



Notes to Editors:



•    The Real Good Company plc is a food group servicing high end niche
markets.  It aims to grow both through acquisitions and organically.  It
acquires underperforming businesses lacking critical mass, product focus and
wide ranging retail relationships, and profitable businesses lacking business
focus or access to markets.  It is listed on AIM (Symbol:  RGD).










                      This information is provided by RNS
            The company news service from the London Stock Exchange