Trading Statement

Hornby PLC 4 February 2002 HORNBY ANNOUNCES BUOYANT TRADING AND SUCCESSFUL NEW PRODUCT LAUNCHES Hornby Plc ('Hornby') announces that sales of its products in the pre-Christmas period were significantly higher than the previous year. The recent launch of the new Scalextric Sport track system is expected to further enhance the Company's sales in the final quarter to March 2002. This system, launched at the London and Nurnberg Toy Fairs last week has been extremely well received by UK customers and International distributors. The Company's Hornby railways product range in the pre-Christmas period included the Harry Potter 'Hogwarts Express' range and will be strengthened in the current quarter by further introductions of 'Super Detail' locomotives and rolling stock. On the basis of current sales expectations and in the absence of unforeseen circumstances, the Company expects profits before tax to exceed significantly market expectations in the year to 31 March 2002. Chairman Neil Johnson commented: ' I am delighted to announce details of our recent trading, which reflects continuing solid progress in all sectors of the business. 2001 was the first full year in which all our production was out-sourced. The achievement of substantially higher sales, whilst retaining close control of stock levels, has demonstrated that the Company now has the products and supply chain to build its business worldwide. ' This growth will be driven primarily by continued investment in our core slot racing and model railway business. However the continuing success of the 'Hornby Virtual Railway' and the positive response to the recently launched 'Scalextric Race Management System' gives confidence that we will be able to continue to leverage our brands using similarly innovative techniques.' - ends - Date: 4 February 2002 For further information contact: Hornby PLC City Profile Neil Johnson, Chairman Simon Courtenay Frank Martin, Chief Executive Ed Senior 01843-233500 020-7448-3244 Web: www.hornby.com e-mail: simon.courtenay@city-profile.com or www.scalextric.com This information is provided by RNS The company news service from the London Stock Exchange

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Hornby (HRN)
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