Statement re Advantage Finance Ltd

S & U PLC
10 February 2000


              S&U PLC  -  ADVANTAGE FINANCE LTD                                 
           
                                
   S&U PLC reports that its new start-up subsidiary Advantage
   Finance Ltd, launched in July 1999, which provides Hire
   Purchase Finance for second hand cars, although budgeted
   to make a loss for the period ended 31st January 2000, is
   currently breaking even on a day-to-day basis.  It is
   expected to make a meaningful contribution to group
   profits in the half year to end July 2000 with a
   significant contribution thereafter.
   
   Chairman Derek Coombs, who was responsible for introducing
   Advantage into S&U,  said today: 'This is the start of the
   most exciting development for S&U for over ten years and
   we expect that this new enterprise will play an
   increasingly important role in the growth of the company'.
   
   S&U's annual results will be announced towards the end of
   April.
   
   
   Issued by:   Simon Preston   -   Tel: [phone]