Chairman's Statement

Save Group PLC 7 June 2000 SAVE GROUP PLC Chairman's AGM Statement 'At the conclusion of each AGM I usually give a fairly wide ranging up date of the industry position, and of the Group's position, during the year to date. This year, I will confine myself to drawing members' attention to the comments in my Statement accompanying the annual report, particularly regarding the momentous changes (including mergers, takeovers and securitisations) that have taken place in 1999 and their ongoing impact in 2000. So far as trading is concerned, however, I can report that despite huge increases in the input price of petrol this year so far, and with it pump prices which have impacted on sales nationally; sales, profits and cash flow to date, for Save, are still all ahead of the same period for last year, although it is too early to predict the outcome for the year as a whole.' Contacts: James Frost Save Group 01296 436661 Charles Ryland/Catherine Miles Buchanan Communications 020 7466 5000

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