Kingfisher Trading Statement

Kingfisher PLC 11 May 2000 Trading statement for 13 week period ending 29 April 2000 KINGFISHER REPORTS SALES GROWTH OF 12% TO £ 2.6 BILLION Kingfisher plc, the European DIY, electricals and general merchandise retailer, today reports total sales growth during the first quarter of this year compared to the same period a year ago of 12.1% to a record £2.63 billion. Like for like sales increased by 7.1% for the quarter. All of the group's main businesses showed increased sales with a particularly strong performance in electricals. Electrical sales were boosted by increased demand for mobile phones and multi media products. Commenting on the sales figures, Sir Geoffrey Mulcahy, Chief Executive, said: 'This is an encouraging start for the year, given the extremely competitive retail environment we are facing across all of our markets. Although, as always, it is still too early to draw conclusions from these figures about what the full year will bring, it is good to see that our businesses are continuing to sustain the strong levels of organic sales growth they achieved last year.' QUARTER ONE TRADING STATEMENT First quarter 2000/01 Sales for the 13 week period ended 29 April 2000 2000 / 01 1999 / 00 % increase/(decrease) All Like-for- stores like £m Euro m £ m Euro m % % B&Q (2)(6) 690.2 1,136.6 580.4 955.7 18.9 5.0 Castorama (5) 502.6 827.6 491.7 809.7 2.2 6.0 -------- ------- ------- ------- ---- ---- DIY sector 1,192.8 1,964.2 1,072.1 1,765.4 11.3 5.5 -------- ------- ------- ------- ---- ---- Darty (5) 266.2 438.4 244.5 402.6 8.9 18.1 Comet 235.8 388.3 188.7 310.7 25.0 17.7 ProMarkt (5)(6) 139.4 229.5 112.5 185.3 23.9 6.4 BUT (5) 75.5 124.3 70.6 116.3 6.9 3.7 Other (3) 46.3 76.2 37.7 62.1 22.8 7.4 ------ ------- ----- ------- ---- ---- Electrical sector 763.2 1,256.7 654.0 1,077.0 16.7 14.1 ------ ------- ----- ------- ---- ---- Woolworths 397.7 654.9 365.1 601.2 8.9 3.6 Superdrug 192.8 317.5 187.8 309.3 2.7 0.9 Other (4)(6) 84.7 139.5 67.6 111.3 25.3 8.8 ------ ------- ----- ------- ---- ---- General Merchandise 675.2 1,111.9 620.5 1,021.8 8.8 2.9 sector ------ ------- ----- ------- ---- ---- Total Group 2,631.2 4,332.8 2,346.6 3,864.2 12.1 7.1 ------- ------- ----- ------- ---- ---- Local Currency Castorama (FFRm) 5,428.8 4,785.2 13.4 Darty (FFRm) 2,875.9 2,379.5 20.9 The like-for-like increases are shown at constant exchange rates Euro comparisons are at a constant exchange rate (1.6467) (1)All store sales were lower by £(96.3)m as a result of translation into sterling of which £(48.7)m related to Castorama and £(24.2)m related to Darty. (2)Includes NOMI, Screwfix and B&Q Shanghai (Screwfix is not included in LFL). (3)Other Electricals comprises BCC, New Vanden Borre and Electric City. (4)Other General Merchandise comprises Entertainment UK, MVC and VCI (Entertainment UK and VCI not included in LFL). (5)Castorama, Darty, ProMarkt and BUT sales are reported on a calendar month basis. (6)Sales from ProMarkt, VCI and B&Q Shanghai are for the quarter ended 31 March. Note: £1: Euro 1.6467 For further information Media Enquiries Gwen Gober, Director of Corporate Affairs + 44 (0) 20 7725 5714 Gail Lavielle, Director of Corporate Communications + 33 (1) 43 18 52 68 Broker and Institutional Enquiries Keith Williams, Director of Investor Relations + 44 (0) 20 7725 5776 Graham Fairbank, Head of Corporate Communications + 33 (1) 43 18 52 26 Kingfisher plc + 44 (0) 20 7724 7749 Kingfisher Website www.kingfisher.co.uk

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Kingfisher (KGF)
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