Trading Statement

Walker Greenbank PLC
27 November 2003



WALKER GREENBANK PLC

                                                               27 November 2003

TRADING UPDATE AND BOARD CHANGES



The results for the year ending 31 January 2004 are expected to show a further
reduction in trading losses as the Group moves towards a restoration of
profitability.



The integration of the Sanderson business, which was acquired in late August, is
progressing satisfactorily and is in line with expectations. The Group's fabric
and wallpaper printing factories are benefiting from increased additional sales
volumes as a direct result of this acquisition.



The planned disposal of the Warner Archive of designs for a consideration of
approximately £2 million has progressed further and is anticipated to be
completed in the near future.



David Medcalf, who was appointed as Chief Executive Officer in early 2001, has
decided to retire from the Board, in the interest of his long-term health. The
Board would like to thank David for his contribution culminating in the
successful purchase of the prestigious Sanderson and Morris & Co. brands, which
has enlarged the Group's critical mass and presented a quicker route to the
return of profitability.



John Sach becomes Acting Chief Executive. John has been with the Group since
1992 and is currently Group Finance Director. Ian Kirkham moves from non-
executive to executive Chairman. Both of these appointments are made with
immediate effect.



Enquiries:

Ian Kirkham, Chairman, Walker Greenbank PLC      01908 658089

John Sach, Chief Executive                       01908 658078

Ian Seaton, Bankside Consultants                 0207 444 4157





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