Trading Statement

Lookers PLC
15 January 2008

                                                                 15 January 2008

                                  LOOKERS plc

                                 TRADING UPDATE


Lookers plc, one of the UK's leading motor retail groups, is pleased to provide
the following trading update.

Following completion of the financial year ended 31 December 2007, the Board can
confirm that the trading performance of the Company falls within the range of
the current market expectations.

In the motor franchise business the contribution from aftersales continued to
grow, and whilst new car volumes were ahead of 2006, margins for both new and
used cars came under pressure, particularly in the last quarter of the year.

The integration of Dutton Forshaw is well under way and is being implemented
according to plan. This acquisition has enabled the Group to continue its
expansion with our preferred manufacture partners, building on our presence in
both the South East and North West of England and providing a foothold in South
Wales.

The parts distribution business continues to perform well, benefiting from the
new distribution facility in Sheffield and the acquisition of BTN Turbo Charger
Service Limited, which broadens the Group's offering in the parts distribution
aftermarket.

In line with the current economic climate, new and used vehicle trading
continues to be competitive. Whilst we remain cautious of the market generally,
we are confident of another year of progress.



For further information:

Lookers plc                                        Telephone: [phone]
Ken Surgenor, Chief Executive
David Dyson, Finance Director

Hudson Sandler                                     Telephone [phone]
Andrew Hayes / Nick Lyon / Kate Hough



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