Trading Update

Halfords Group PLC 05 October 2006 Halfords Group plc ('Halfords') Trading Update 5 October 2006 Halfords, the UK's leading auto, leisure and cycling products retailer today issues the following trading update for the 26 weeks to 29 September 2006, in advance of publishing interim results on Thursday, 23 November 2006. Sales for the 26 weeks to 29 September 2006 increased by 9.3% over the equivalent period in 2005 and like-for-like sales increased by 6.5%1. As well as maintaining its focus on growing sales, Halfords has continued to deliver further significant reduction in the level of gross profit percentage dilution experienced last year. Ian McLeod, Chief Executive, said: 'Halfords' sales and service strategy has continued to deliver like-for-like sales growth in each of its key categories. We remain confident in the resilience of our business as demonstrated by these results, giving us encouragement for our prospects in the second half.' Notes 1. Adjusting for the Easter period, underlying like-for-like sales growth is 5.0%. 2. Since announcing its share buy-back programme on the 8 June 2006, Halfords has purchased 5,183,956 of its own shares for cancellation at a consideration, before costs, of £15,935,149, an average of 307.4 pence per share. Interim Results Halfords will announce its interim results for the 26 weeks ended 29 September 2006 on Thursday, 23 November 2006. A presentation for analysts and investors will be held at 9.30 a.m. at the City Presentation Centre, 4 Chiswell Street, London, EC1Y 4UP. For further information: Media Gainsborough Communications Andy Cornelius 020 7190 1703 Julian Walker 020 7190 1705 Analysts Halfords Group plc Ian McLeod, Chief Executive Nick Carter, Finance Director Tony Newbould, Investor Relations 01527 513113 07753 809522 Notes to Editors: Halfords Group plc www.halfords.co.uk www.halfordscompany.co.uk Halfords is the UK's leading auto, leisure and cycling products retailer, with 420 stores and 10,000 employees. It was established in 1892 and was floated on the London Stock Exchange in June 2004. The Group sells 11,000 different product lines, ranging from car parts and cycles through to the latest in-car technology, alloy wheels, child seats, roof boxes and outdoor leisure and camping equipment. Halfords' own brands include Ripspeed, for car enhancement, and Bikehut, for cycles and cycling accessories, including the Apollo and Carrera brands. Stores offer a 'We'll fit it' service for car parts, child seats, satellite navigation and in-car entertainment systems, and a 'We'll repair it' service for cycles. ENDS This information is provided by RNS The company news service from the London Stock Exchange
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