AGM Statement

Topps Tiles PLC
10 January 2006


10 January 2006


                                Topps Tiles Plc
      the UK's largest tile and wood flooring specialist with 249 stores


                        AGM Statement and Trading Update

At today's Annual General Meeting of Topps Tiles Plc, Barry Bester, co-founder
and Chairman will tell shareholders:

'At the full year results announced on 29 November 2005, we reported that for
the first 7 weeks of trading in the new financial period total sales increased
1.2% and like for like sales were down 4.7% reflecting the tough UK trading
environment. I am pleased to report that, despite a persistently tough retail
market and extremely demanding comparables of over 15%, trading in the first 13
weeks of our new financial period has remained stable with overall turnover up
by 1% and like-for-like sales down 4.4%, however gross margins are continuing to
improve. We are now expecting to see some signs of improvement in like-for-like
sales as the very high comparatives we experienced throughout the first quarter
of the last financial period become less challenging from January 2006 onwards.

Our controlled store roll out programme continues and we have a stated target of
24 net new stores in this financial period. So far we have opened 5 stores in
the period and have a strong pipeline of sites currently in development.

Topps has consolidated its market leading position and with the UK tile market
forecast to increase 26% by 2010, we remain confident that our proven business
model and focussed management team, with the shared objective of driving the
business forward, will continue to deliver sustainable growth for our
shareholders.'

Enquiries:

Barry Bester, Chairman                                        01625 446700
Nick Ounstead, Chief Executive                                01625 446700

Ann-marie Wilkinson/Sarah Landgrebe, Bell Pottinger           020 7861 3232



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