AGM Statement

Travis Perkins PLC
24 April 2006

24 April 2006



                               Travis Perkins Plc



                   Travis Perkins continues to make progress



At today's Annual General Meeting in London, the Chairman, Tim Stevenson, will
provide the following trading update:



'Our business continues to make progress in markets that, although improved on
conditions seen at the end of 2005, are recovering only slowly.



In total group turnover to the end of April is expected to be up by 9% compared
to the equivalent periods in 2005. Overall trading is in line with our
expectations with merchanting performing more strongly than retail.



'For the first four calendar months of 2006, total turnover in our merchanting
division is expected to be up by 2.8%, with like-for-like turnover per trading
day lower by 1.6%. Specialist merchanting performed ahead of general
merchanting, partly driven by the turn round in our plumbing and heating
business. Total turnover in the general merchanting business is expected to be
up by 2.5%, with like-for-like turnover per trading day lower by 2.8%. For this
period, our specialist merchanting business is expected to see total turnover up
by 3.4% and like-for-like turnover per trading day up by 0.6%.



'Our merchanting division like-for-like sales performance for this period is in
line with both our expectations and estimated market growth in 2006, with volume
gains from our pricing re-alignment in 2005 continuing to return profits in
excess of the margin investment made. Consequently, we continue to leave our
margin investment policy unchanged.



'Trading at Wickes is recovering slowly from the difficult market conditions
experienced at the beginning of the year with the pace of recovery still being
impacted by weak consumer spending. Total turnover for the sixteen week trading
period ended on April 22 2006 was lower by 6.1%. For this period, like-for-like
sales per trading day were lower by 9.4%, with core products down by 9.9% and
showroom sales lower by 7.2%. Easter trading was satisfactory.



'Our retailing business has grown its market share in this period, with our
like-for-like sales performance ahead of estimated market growth. Our gross
margins remain slightly ahead of expectations and the comparable period in 2005,
excluding synergy gains.



'The group continues to exercise tight control over costs and cash flow remains
good with average net debt better than our expectations.  Our merchanting
productivity is up by 4% over the comparable period in 2005, and retail
productivity is ahead of our expectations.



Since the end of 2005 we have added a net 9 new branches, to our merchanting
network and 2 new Wickes stores, and we now trade from 994 locations.



'As we indicated in March, we continue to expect challenging trading conditions
for the remainder of the first half of the year. Lead indicators, particularly
from the housing market, continue to suggest activity levels in our markets will
improve gradually in the second half: in that context we currently expect that
our second half performance will be stronger than the comparative period in
2005.'



                                    - Ends -





Enquiries:

Geoff Cooper, Chief Executive
Paul Hampden Smith, Finance Director
Travis Perkins PLC                             [phone]

David Bick/Mike Feltham
Holborn Public Relations                       [phone]




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