Interim Management Statement

Topps Tiles PLC
08 January 2008

                                Topps Tiles Plc
               The UK's largest tile and wood flooring specialist

                      AGM and Interim Management Statement

At today's Annual General Meeting of Topps Tiles Plc, Barry Bester, co-founder
and Non-Executive Chairman will tell shareholders:

'At the full year results announced on 27 November 2007, we reported that for
the first 7 weeks of trading in the new financial period total revenues
increased 8.4% and like for like revenues were up 1.1%. I am pleased to report
that trading in the first 13 weeks of our new financial period has remained
positive, with overall revenue up by 6.9% (2007: up 12.7%) and like-for-like
revenue up 0.8% (2007: up 5.0%) despite a persistently tough retail market.

The UK showed overall revenue growth of 6.6% (2007: up 12.1%) with like-for-like
revenue up 0.7% (2007: up 4.6%).

Holland showed overall revenue growth of 16.5% (2007: up 34.8%) with
like-for-like revenue up 2.6% (2007: up 19.5%).

In the UK, we are trading from a total of 302 stores, having opened 5 new
stores, and closed or relocated 4 this financial period. We are on track to open
a net 20 new stores this financial year.

In Holland we are trading from 20 stores and remain on track to open 5 new
stores this financial year.

Our balance sheet remains stable and there have been no significant changes in
the financial position of the Group since the publication of the Annual Report
for the year ended 29 September 2007.

Topps has consolidated its market leading position, and has transformed its
business in the 10 years since listing on the London Stock Exchange,
consistently delivering excellent shareholder returns. There continues to be an
underlying growth trend in the retail tile market, with forecasts indicating
that it will increase in volume by over 15% by 2011. There have been a number of
changes within the senior management team during the year, including the
appointment of Robert Parker as Finance Director, Matthew Williams as Chief
Executive and Nick Ounstead as Business Development Director. I am confident
that with this first class executive team we have the best management in place
to take the business forward. Notwithstanding the challenging retail
environment, we believe the prospects for future growth are positive.'

Enquiries:

Barry Bester, Chairman                                            0161 486 2400
Matthew Williams, Chief Executive                                 0161 486 2400

Ann-Marie Wilkinson / Emma Kent, Bell Pottinger                   020 7861 3232



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