AGM Statement

Norish PLC
3 May 2001









                             NORISH AGM STATEMENT

Trading in the first four months of the year has been difficult. Both the
commodity storage and cold storage businesses have performed below
expectation, while our newly established ambient warehousing business
continues to develop well.

Imports of cocoa into the UK are still running at low levels and this
continues to impact on volumes and profits in the commodity storage business.
The cold storage business has been adversely affected by temporary changes in
demand patterns arising from the foot and mouth outbreak in the UK.

In these circumstances the Directors believe that profits for the full year
will be significantly below levels previously expected.


ENDS                                             3rd May 2001

For reference:

Norish plc:

Paul Byrne, Chief Executive               Tel: [phone]



Murray Consultants:

Joe Murray / Grainne O'Brien               Tel: [phone]