Trading Statement

Hornby PLC
14 April 2000

            HORNBY PLC ('HORNBY' OR 'THE COMPANY')
                               
                       COMPANY STATEMENT
                               
                               
Hornby  is pleased to announce that sales in the three  months
to  31 March 2000 were 24 per cent higher than the comparative
period  in  the  last  financial year.   The  improvement  was
largely due to multiple retailers restocking, having sold  out
of  Hornby  products over the Christmas trading period.  As  a
consequence  of  the  improved  sales  performance  since  the
beginning  of December 1999, sales for the year  to  31  March
2000 will be similar to last year.

This  creditable  outcome has been achieved  in  the  face  of
challenging  trading  conditions  throughout  the  year,  with
retailers reducing stocks of our products and then maintaining
them at low levels.  In addition, the strength of sterling has
attracted  imports  and continued to put  pressure  on  export
prices.  Hornby  has continued to focus on reducing  overheads
and  the  programme for outsourcing all significant production
requirements to the Far East is almost complete.

The Board of Hornby is confident that the Company has a robust
position  in the market for traditional model/hobby  products.
However,  the  Board  believes that  Hornby  could  make  more
efficient use of its fixed overheads by participating  in  the
trend  towards sector consolidation. Therefore, the  Board  of
Hornby  in conjunction with its financial advisor, SG  Hambros
Corporate   Finance,  is  currently  reviewing  its  strategic
options  in  order  to maximise shareholder  value,  including
considering possible offers for the Company.


Enquiries:

Hornby Plc
Peter  Newey                                    0207 499 2041
John  Stansfield                                01843 233 500

SG Hambros Corporate Finance
David  Roberts                                  0207 676 6000

City Profile
Jonathan  Shillington                           0207 726 8588


SG  Hambros Corporate Finance, a division of Societe Generale,
is  acting for Hornby and for no-one else in relation  to  the
matters  described  in  this  announcement  and  will  not  be
responsible  to  anyone other than Hornby  for  providing  the
protections  afforded  to  customers  of  SG  Hambros  or  for
providing  advice  in  relation  to  such  matters.    Societe
Generale  is regulated by The Securities and Futures Authority
Limited for the conduct of investment business in the UK.