Trading Update and Board Appt

Topps Tiles PLC 04 April 2006 Topps Tiles Plc Interim Trading Update and Board Appointment Topps Tiles Plc (the 'Company'), the UK's largest ceramic tile and wood flooring specialist, announces a trading update, for the 26 weeks ended 1 April 2006. Overall turnover is expected to be in the region of £88.5 million (2005: £87.5 million), with like-for-like sales for the period expected to be 4.2% below the same period last year. However, the last 5 weeks of trading have been encouraging with like-for-like sales up 0.9%, in a consistently tough trading environment. The Group has a new store opening target of a net 24 new stores for the full financial period with 14 opened in the 26 weeks to 1 April 2006. The Board expects profit before tax, for the 26 week period, to be in the region of £19.50 million (2005: £20.03) plus exceptional property profits of circa £250k (2005: £1.72 million) to give Profit Before Tax in the region of £19.75 million (2005: £21.75 million) and expects to report further improvement in gross margin since the last financial period end. The Board will announce interim results for the 26 week period to 1 April 2006 on Tuesday 23 May 2006. Additionally, the Company is pleased to announce that Matthew Thomas Mathieson Williams, Chief Operating Officer (aged 32), has been appointed to the Board as an Executive Director (having been Chief Operating Officer at Operational Director level since 1 December 2004). The appointment is effective from 1 April 2006. There is no further information which falls to be disclosed pursuant to Listing Rule 9.6.13. Enquiries: Sarah Landgrebe/Alex Walton Bell Pottinger Corporate & Financial 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Topps Tiles (TPT)
Investor Meets Company
UK 100