Change of Adviser

Hornby PLC
1 May 2002

Hornby Plc

Appointment of Robert W. Baird Limited

The board of Hornby Plc is pleased to announce the appointment of Robert W.
Baird Limited as its financial adviser and stockbroker with immediate effect.

For further information contact:

Hornby Plc
Frank Martin, Chief Executive                   01843 233 500

Robert W. Baird Limited
Peter Watson/David Silver                       020 7488 1212


1 May 2002



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