AGM Statement

Walker Greenbank PLC
5 June 2000

                         AGM Statement

Although our UK market has improved, conditions remain
difficult with little discernible growth.  In Europe the tough
decisions we made last year, closing our costly operations in
France, Germany and Holland, mean we are enjoying a relatively
better time given Sterling's continuing strength against a
weak Euro.  The USA remains a strong growth area for us and
the strength of the US dollar has helped offset the difficult
conditions in Europe.

Our new acquisitions are performing as expected and we look
forward to their contribution for the remainder of this year.
We are no longer constrained by our computer system in
servicing our customers, though we will carry additional costs
after cleaning up  the system problems in the first half.  The
internal reorganisation of the group continues apace and this
will hold operating profits growth back this year as we write
off the costs of our move into one wallpaper manufacturing
site in Loughborough.  We remain confident that the underlying
business will show further improvements.

In view of the low rating the market has afforded the group's
shares, the Board will continue to explore methods of
delivering a more representative value to the shareholders.


Enquiries:

Aidan Connolly, Chief Executive                01442 234666
John Sach, Group Financial Director
Walker Greenbank plc

John Rudofsky/Patrick Toyne Sewell             020 7637 9571
Citigate Dewe Rogerson