Trading Statement

Sutton Harbour Holdings PLC
14 September 2005


                               Trading Statement

Due to better than expected performance by the airline subsidiary, Air South
West Limited, and performance in line with expectations by other Group
activities, the Company believes that results at the interim reporting stage
will exceed current market expectations.

Despite uncertainty over how the new routes introduced in spring 2005 will
perform during the winter months, the impact of rising fuel costs and inherent
volatility within the aviation businesses, the Company believes that Group
profits for the full year will be ahead of current market expectations.

Enquiries:

Sutton Harbour Holdings plc
Natasha Gadsdon
Finance Director
Tel: [phone]




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