AGM Statement

Travis Perkins PLC 02 May 2003 2 May 2003 Travis Perkins sales up 22 per cent in first four months Sales of Travis Perkins, one of the UK's leading builders' merchants, were 22 per cent higher in the first four months of the current year than in the same period of 2002, with like for like sales up 4.5 per cent, Tim Stevenson, chairman, will tell shareholders at the company's Annual General Meeting in London today. 'We are pleased with this strong start to 2003. Our mix of business benefited from the spell of generally fine weather which also contributed to above average levels of trading over the Easter period.' Mr. Stevenson will further report that since the end of last year the group has added or contracted to add a net 19 branches to the network. Looking ahead, the chairman says that while the building materials market remains sensitive to interest rates and the global economy the full year benefits of the company's recent aggressive acquisition programme will provide a significant part of its earnings growth in 2003. Issued on behalf of Travis Perkins plc by Tavistock Communications Limited (contact Keith Payne, tel: 020 7600 2288). This information is provided by RNS The company news service from the London Stock Exchange
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