Statement re Press Comment

Torex Retail PLC
01 September 2006



1 September 2006
                                Torex Retail plc
                     ('Torex Retail', 'Company' or 'Group')

                          Statement re. Press Comment


The Board of Torex Retail has noted recent press comment speculating on the
possibility of an offer being made for the entire issued share capital of the
Company.  Torex Retail confirms that, following an unsolicited enquiry from a
third party, the Board agreed that exploratory discussions concerning a possible
transaction could be held, but that these discussions have now been terminated
by mutual agreement.

Torex Retail's entire management team remains wholly committed to delivering
value for its shareholders and is continuing to focus on its declared strategy
of strong organic growth having completed the acquisition-led phase of its
development.

The Group's trading continues to be in line with expectations and, with a strong
pipeline, the Board remains confident of its prospects.  Furthermore, the
Group's net bank borrowings, currently near their seasonal peak, are expected to
reduce during the remainder of the year with new business wins, rollout
completions and the annual renewal of maintenance contracts.


                                    - Ends -

                                                
Enquiries:

Citigate Dewe Rogerson                             [phone]
Ginny Pulbrook / Seb Hoyle / Lucie Holloway


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