Trading Update

Torex Retail PLC
26 January 2007


                        Torex Retail plc (the 'Company')

                                 Trading Update


Further to the announcement of 18th January 2007 relating to contract wins, the
Board of Torex Retail plc now believes the outturn for the 2006 financial year
is likely to be significantly below market expectations. It is still in the
process of finalising its accounts but, in the light of this situation, it has
requested a temporary suspension of its shares pending further clarification.


The Board would also like to advise the market that, mainly as a consequence of
contracts previously expected to be delivered in 2006 being deferred into 2007,
its borrowings at the year end were some £23 million higher than previously
expected. The Board has appraised the Company's banks of the position and is
continuing discussions regarding the situation.


                                    - ends -


Enquiries:

Citigate Dewe Rogerson:

Ginny Pulbrook, Executive Director         Tel: [phone]

Seb Hoyle, Director                        Tel: [phone]


About Torex Retail - www.torexretail.com

Torex Retail is a leading independent provider of cutting edge retail technology
solutions to many of the world's principal retailers. Since the company's
flotation in spring 2004 Torex Retail has achieved rapid growth across all of
its markets and has rigorously pursued its goal of becoming the provider of
choice. As a result, the company now has a presence in all of the major markets
around the world and has built a strong platform for future growth in line with
its strategy. Torex Retail's product and solution set spans high street and
out-of-town retail as well as the petroleum and convenience sector and with over
6,000 customer relationships, including Tesco, Woolworth, Selfridges and Argos,
the company has earned a leading reputation amongst retailers. Torex Retail has
more than 2,800 staff based in 22 countries.


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