RNS Number:9797I
L. Gardner Group PLC
20 March 2003

Press Release



                                                                  20 March 2003



L. Gardner Group Plc


Re: Appointment of Receivers


L. Gardner Group Plc regrets to announce that its bankers have today appointed
Myles Antony Halley, Michael Vincent McLoughlin and Richard James Philpott of
KPMG 2 Cornwall Street Birmingham B3 2DL as Joint Administrative Receivers to L.
Gardner Group Plc and Gardner Aerospace Limited in exercise of powers contained
within security they hold.



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