Trading Statement

Lookers PLC 15 January 2007 15 January 2007 LOOKERS plc TRADING UPDATE Following the full year profit forecast made in April 2006 and on entering its close period following the end of the financial year to 31 December 2006, the Board of Lookers is pleased to release the following trading update. At the time of the announcement of the Interim Results on 4 September 2006, the Group stated that it was making good progress in meeting its expectations for the year. Since that time, Lookers has continued to make excellent progress, particularly in its franchised and parts distribution businesses. As a result, the Board can report that its performance has been ahead of the profit forecast made in April 2006. This success reflects the continued implementation of Lookers' stated strategy including the development of complementary business streams, close relationships with manufacturer partners and a de-centralised management structure. The 10 dealerships acquired from HR Owen on 31 August 2006 have been successfully integrated into the Lookers operating model and are performing in line with our plans. The new FPS parts distribution facility in Sheffield has been completed on time and within budget and is now fully operational. The Group will be announcing its Preliminary Results for the year to 31 December 2006 on 12 March 2007. Enquiries: Lookers Telephone: 0161 291 0043 Ken Surgenor, Chief Executive David Dyson, Finance Director Hudson Sandler Telephone: 020 7796 4133 Andrew Hayes / Nick Lyon Kate Hough This information is provided by RNS The company news service from the London Stock Exchange

Companies

Lookers (LOOK)
UK 100

Latest directors dealings