4th Quarter Trading Update

Kingfisher PLC
21 February 2008

EMBARGOED UNTIL 0700 HOURS
Thursday 21 February 2008

                                 Kingfisher plc

          Trading update for the fourth quarter ended 2 February 2008

Group Financial Summary
                                                                              % Total               % Total       % LFL
Retail Sales (1)                         2007/08        2006/07                Change                Change      Change
                                              £m             £m        (Reported) (1)   (Constant currency)

UK (2)                                       989          1,043                (5.1)%                  2.5%      (1.9)%

                                        13 weeks       14 weeks        13 vs 14 weeks        13 vs 13 weeks

                       France (3)            754            660                 14.1%                  4.3%        1.1%
               Rest of Europe (4)            315            248                 27.0%                 14.3%        4.4%
                         Asia (5)            122            132                (7.5)%                (6.4)%      (7.5)%
International                              1,191          1,040                 14.4%                  5.4%        0.9%
Total                                      2,180          2,083                  4.6%                  4.0%      (0.5)%


1)  For the UK businesses, the fourth quarter reported total sales figures for
the 13 weeks ended 2 February 2008 (2006/07: 14 weeks ended 3 February 2007).
Outside the UK, figures are on a calendar month basis.

2)  B&Q, Screwfix and Trade Depot.

3)  Castorama and Brico Depot.

4)  Rest of Europe includes sales for Poland, Italy, Spain, Ireland and Russia.
Sales from Turkey JV and Hornbach in Germany are not consolidated.

5)  China only as Taiwan JV sales are not consolidated. South Korea included in
comparatives only.

Q4 Highlights (all figures in constant currency)

•              Group total sales up 4.0% (13 week basis), like for like sales
(LFL) down 0.5%.

•              B&Q UK total sales up 0.2% (13 week basis), down 1.7% LFL with
underlying gross margin rate slightly up before range review clearance activity.
A further eight large stores were revamped and new power tool, shelving and
storage ranges successfully launched;

•              French sales up 4.3% (+1.1% LFL), gross margins benefiting from
continued own-brand penetration and strong sales;

•              Rest of Europe sales up 14.3% (+4.4% LFL), boosted by a strong
end to the year in  Poland (+12.1% LFL) against tough comparatives;

•              Asia sales down 6.4% (-7.5% LFL) reflecting the continued impact
of the slowdown of new apartment sales in the major Chinese markets and changing
supplier regulations.

Full Year

•              Kingfisher expects to announce on 27 March 2008 full year
adjusted profit before tax in line with the current consensus of analyst
expectations;

•              Reported net debt is expected to be £1.6 billion, slightly higher
than previous guidance due to the effect of exchange rates on around 1.1 billion
of euro issued debt.


Ian Cheshire, Group Chief Executive, said:

'Kingfisher's international businesses, which account for more than half of
Group sales, continued to grow, with Castorama in France and Poland performing
particularly strongly. Continuing this momentum will be our key international
priority next year, along with addressing our performance in China.

'In the UK, we made good progress in a challenging market and B&Q finished the
year in better shape after the biggest year of change in its history. By
focusing on improving product choice, store environment and service for
customers, B&Q now has a stronger platform to face what is expected to be a
tougher consumer environment.

'Kingfisher has leading retail brands in attractive markets around the world. I
believe that, with the right management team clearly focused on driving higher
earnings and better capital efficiency, we can improve returns and deliver a
real step-change in shareholder value.'

UK

Q4 Retail Sales £m                       2007/08           2006/07           Reported           Reported          % LFL
                                                                             % Change           % Change         Change
                                                                     (13 vs 14 weeks)   (13 vs 13 weeks)

                                        13 weeks          14 weeks
UK                                           989             1,043             (5.1)%               2.5%         (1.9)%


UK includes B&Q in the UK, Screwfix and Trade Depot.

Due to the 53rd week in UK reporting for 2006/07, the 13 week Reported Change %
above compares 13 weeks ended 2 February 2008 with 13 weeks ended 27 January
2007. On this basis B&Q LFL was -1.4%. However, for better alignment, the actual
reported change in LFL sales of -1.7% compares 13 weeks ended 2 February 2008 to
13 weeks ended 3 February 2007.

B&Q total reported sales were £874 million, up 0.2% on a 13 week basis (-1.7%
LFL), reflecting a tougher retail environment, offset by good sales growth from
revamped large stores, with new decorative, bedroom and flooring ranges
performing particularly well. Before the Q4 impact of range review clearance
activity of £4 million, the underlying gross margin rate slightly improved,
reflecting less promotional activity in the quarter than the previous year and
stronger sales of new ranges within higher margin categories.

Results from the new format large stores continued to be encouraging. A further
eight revamps were completed in the quarter, taking the total number of new
format stores trading to 39, with the next phase of six revamps already
underway.

Screwfix total reported sales were £110 million, up 24.0% on a 13 week basis,
driven by an expanded catalogue and the continued roll-out of the new trade
counters, providing customers with immediate product availability. An additional
13 outlets opened during the quarter, taking the total to 93.

FRANCE

Q4 Retail sales £m                         2007/08         2006/07           % Change           % Change          % LFL
                                                                           (Reported)         (Constant)         Change

France                                         754             660              14.1%               4.3%           1.1%


France includes Castorama and Brico Depot.

All percentage increases below are in constant currencies.

In France, Kingfisher's total sales grew 4.3% to £754 million (+1.1% LFL).
Banque de France data shows that comparable DIY store sales* declined by around
0.5%, however on the same basis Kingfisher's businesses delivered comparable
sales growth of +1.5%. Gross margins are expected to have improved during the
quarter due to higher own-brand sales penetration and an improved sales mix
across both businesses.

*Banque de France data including relocated and extended stores

Castorama total sales grew by 2.7% to £395 million (+3.0% LFL, +3.8% on a
comparable store basis) with bathroom, flooring, lighting and paint ranges
performing well. Stores in the modern format (representing 42% of store space)
continued to outperform. In 2008/09 the Castorama store development programme
will accelerate, with eight revamps and two relocations scheduled for the first
half of the year.

Brico Depot sales grew 6.1% to £359 million (-1.1% LFL against a strong
comparative of 8.5%) with eight more stores compared with the same quarter last
year, impacted by internal cannibalisation of 1.4%.

REST OF EUROPE

Q4 Retail sales £m                      2007/08         2006/07             % Change            % Change          % LFL
                                                                          (Reported)          (Constant)         Change

Rest of Europe                              315             248                27.0%               14.3%           4.4%


Rest of Europe includes Poland, Italy, Spain, Ireland, Russia, Turkey JV and
Hornbach in Germany.

Joint Venture and Associate sales are not consolidated.

All percentage increases below are in constant currencies.

Rest of Europe sales increased 14.3% to £315 million (+4.4% LFL against a very
strong two year comparative in Poland of 12.5%), with 12 more stores trading
compared with the same period last year.

Sales for Castorama and Brico Depot in Poland grew 19.5% to £178 million (+12.1%
LFL), boosted by strong consumer spending in a buoyant construction market and
favourable weather. Castorama Italy sales declined 5.9% to £71 million (-9.1%
LFL) in a continuing weak retail market.

Underlying trading at Brico Depot Spain and Castorama Russia continued to be
encouraging and Koctas in Turkey, a 50% joint venture, continued to perform
well. Although sales are not consolidated from Hornbach (21% economic interest),
the contribution to retail profit for the full year is expected to be weaker
than last year in a difficult German market.

During Q4, eight stores opened: three in Poland, three in Turkey, and one each
in Russia and Spain.

ASIA

Q4 Retail sales £m                      2007/08         2006/07             % Change            % Change          % LFL
                                                                          (Reported)          (Constant)         Change

Asia                                        122             132               (7.5)%              (6.4)%         (7.5)%


Asia includes China only.  B&Q Taiwan JV sales are not consolidated. South Korea
included in comparatives only.

All percentage increases below are in constant currencies.

B&Q China sales declined 3.4% to £122 million (-7.5% LFL), impacted by the new
regulations covering trading terms between retailers and suppliers and a
continuing slowdown of new apartment sales in the major Chinese markets. These
have declined by around 10% compared to the same period last year. Four more
stores were trading compared with the same quarter last year. Two new stores
opened during the quarter, taking the total to 62.

As previously announced, B&Q Taiwan was sold to its 50% joint venture partner on
4 January 2008.

For the year ended 2 February 2008

Retail Sales £m (1)        2007/08          2006/07          % Change                % Change             % LFL Change
                                                          (Reported) (1)        (Constant currency)
UK (2)                            4,395           4,262               3.1%                          5.1%           0.4%

                                                            52 vs 53 weeks                52 vs 52 weeks

                               52 weeks        53 weeks
            France (3)            3,224           2,955               9.1%                          7.2%           2.6%
    Rest of Europe (4)            1,273           1,002              27.0%                         22.8%          12.2%
              Asia (5)              472             457               3.4%                          7.0%         (0.1)%
International                     4,969           4,414              12.5%                         10.8%           4.6%
Total                             9,364           8,676               7.9%                          8.0%           2.6%


2007/08 £1 =1.4472 euro 2006/07 £1 = 1.4720 euro

1)       For the UK businesses, reported total sales figures are for the 52
weeks ended 2 February 2008 (2006/07: 53 weeks ended 3 February 2007). Outside
the UK, figures are on a calendar month basis.

2)       B&Q, Screwfix and Trade Depot.

3)       Castorama and Brico Depot.

4)       Rest of Europe includes sales for Poland, Italy, Spain, Ireland and
Russia. Sales from Turkey JV and Hornbach in Germany are not consolidated.

5)       China and South Korea. Taiwan JV sales not consolidated.


Enquiries:

Ian Harding, Group Communications Director                                           020 7644 1029

Nigel Cope, Head of Communications                                                   020 7644 1030

Sarah Gerrand, Head of Investor Relations                                            020 7644 1032



Copies of this announcement are available at www.kingfisher.com, or from: The
Company Secretary, Kingfisher plc, 3 Sheldon Square, London, W2 6PX.

Kingfisher plc is Europe's leading home improvement retail group and the third
largest in the world, with 780 stores in nine countries in Europe and Asia. Its
main retail brands are B&Q, Castorama, Brico Depot and Screwfix. Kingfisher also
has a 21% interest in, and strategic alliance with, Hornbach, Germany's leading
DIY Warehouse retailer, with over 120 stores in Germany and eight other European
countries.


                      This information is provided by RNS
            The company news service from the London Stock Exchange