RNS Number:5757M
Oakhill Group PLC
20 June 2003

                               OAKHILL GROUP PLC



At today's Annual General Meeting of Oakhill Group plc, Mr Alan Jordan, Managing
Director, makes the following statement on trading :

"In overall terms the continuing businesses have performed well again in the
early part of this year.

Total local currency Operating Profits for these businesses are in line with
last year when we had a very strong first half and are slightly ahead of the
current year's Budget.

For avoidance of doubt, I should emphasise that our half year does not complete
until the end of June and the performance I am talking about obviously does not
represent a full half years trading.

I should also say that the significant movement in the Eurouro/#stg exchange rate
from the first half of 2002 to the current rate does mean that these results
will be diluted when translated back to Eurouro for Group reporting.

The Managed Services Division, which comprises our Cards and Document Services
businesses in the UK, has continued to build on its strong performance last year
and is currently performing in line with Budget. The Specialty Print Division,
which includes our Books and Journals Printing business in the UK and our Labels
businesses in the UK and Ireland has performed better in the early part of this
year than in the corresponding period last year.

There has been no significant improvement in market conditions since I last
spoke about trading and none is envisaged in the foreseeable future."



20 June, 2003


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