AGM Statement

Northgate PLC
12 September 2001


12 September 2001



                                Northgate plc


                            AGM Trading Statement


Northgate plc ('Northgate'), the UK's leading commercial vehicle hire company,
held its AGM today.  Michael Waring, Chairman of Northgate, made the following
statement:

'Trading in the first quarter of the current financial year is in line with
our expectations.  I am also pleased to report that both hire rates and
profits on disposal of used vehicles have continued to show the improvements
anticipated by us in our annual review.  Vehicle utilisation levels have
averaged 90%.


'Northgate now operates a fleet in excess of 37,000 mainly light commercial
vehicles from 51 locations throughout the UK and Ireland, servicing more than
9,000 active customers.'

                                   - Ends -



For further information, please contact:

Northgate plc                   Tel:  [phone]

Steve Smith - Managing Director
Phil Moorhouse - Finance Director

                                Tel:  [phone]
Hogarth Partnership Limited

Andrew Jaques / John Olsen / Tom Leatherbarrow



Notes to Editors

Northgate plc rents light commercial vehicles to businesses from a network of
hire companies throughout the UK and Ireland.  Their NORFLEX flexible fleet
hire product gives businesses access to a flexible and risk-free method to
acquire as many commercial vehicles as they require.

Northgate's turnover for the year ended 30th April 2001 was £262m.  It is
listed on the London Stock Exchange and has a market capitalisation of some 
£290m.


Further information regarding Northgate plc can be found on the Company's
website:

http://www.northgateplc.com