Yorklyde PLC

Trading Statement

Yorklyde PLC
19 October 2001

                                                                  YORKLYDE PLC
19 October 2001

                               Trading Statement

Yorklyde plc is a manufacturer of high value cloth and accessories for the
luxury goods sector and high specification fabrics for use in the transport
industry.

At the time of its interim results announcement on 6 September 2001, the
Company stated that whilst it remained cautiously optimistic for the remainder
of the year despite the downturn in global economic activity, the second half
tends to be more difficult due to the seasonality of its apparel business.

Since the events of 11 September 2001, prospects for the global economy have
become increasingly uncertain.  It is now becoming apparent that this
uncertainty is likely to have some effect upon Yorklyde's businesses,
particularly its transport fabric business, Replin Fabrics, which mainly
supplies to the airlines and aircraft manufacturers.

Whilst it is too early to assess the full impact of the recent events, the
Board anticipates that Group sales will be slightly below expectations.  The
impact upon operating profit is expected to be more significant due to the
effects of the high operational gearing.

However, the Board has every confidence in the long-term prospects of the
Group and believes its businesses are well placed to take advantage of a
return to normal demand levels.


                                    -Ends-


For further information, please contact:

Yorklyde plc                                                       01484 683611
Charles Brook, Chairman
Humphrey Scott, Finance Director

Golin/Harris Ludgate                                              020 7324 8888
Katie Hunt