Offer Update

Kingfisher PLC
23 September 2002


23 September 2002


Not for release, distribution or publication in whole or in part into or in Canada, Australia, Ireland,
                                         Japan or South Africa

                          KINGFISHER ACQUIRES MORE THAN 66.67% OF CASTORAMA


Kingfisher plc has today notified the CMF (Conseil des Marches Financiers) that the total number of
shares in Castorama Dubois Investissements SCA ('Castorama') acquired through market purchases since 11
September 2002 had reached 18,497,773.  This brings its total holding of Castorama shares to 106,766,609
shares, representing 67.64% of the issued share capital and exceeding the two-thirds shareholding
threshold defined under Article L 233-7 of the French Commercial Code.


The offer for the shares in Castorama that Kingfisher does not already own will close on 16 October 2002.

                                                  ends



Company profile


Kingfisher is Europe's leading home improvement retailer, and is ranked number three in the world. The
company operates more than 590 home improvement stores in 11 countries, and enjoys market-leading
positions in the UK, France and Taiwan. Sales for the Home Improvement sector for the year to 2 February
2002 were more than £5.8 billion, with retail profit in excess of £430 million.


Kingfisher Electricals & Furniture operates more than 830 stores in nine countries. It is Europe's third
largest electricals retailing business by sales and number two by retail profit. As well as holding the
leading position in France and the number two position in the UK, Kingfisher also enjoys leading
positions in Belgium and in the Czech and Slovak Republics.  Sales for the year to 2 February 2002 were
more than £3.7 billion, with retail profit of £184 million.


Further Enquiries:

Broker and Institutional Enquiries:
Ian Harding, Director of Investor Relations                           [phone]

Media Enquiries:
Andrew Mills, Director of Corporate Affairs                           [phone]
Jonathan Miller, Head of Corporate Comms, UK                          [phone]

France
Graham Fairbank, Head of Corporate Comms.                             [phone]

The Maitland Consultancy:                                             [phone]
Angus Maitland
Duncan Campbell-Smith

Euro RSCG C&O:
Laurent Wormser                                                       [phone]
Marie-Noelle Brouaux                                                  [phone]


Goldman Sachs International                                           [phone]
Yoel Zaoui
Robin Bishop


BNP Paribas:
Thierry Varene                                                        [phone]



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