RNS Number:4170Y
AGA Foodservice Group PLC
07 May 2004



7th May 2004
FOR IMMEDIATE RELEASE

                           AGA FOODSERVICE GROUP PLC
                 ANNUAL GENERAL MEETING - CHAIRMAN'S STATEMENT

At the Annual General Meeting of Aga Foodservice Group plc today, the Chairman,
Mr Vic Cocker, said:

"2003 saw the Group make substantial progress. We delivered a sound set of
results for the year, with good growth in many areas compensating for the weak
demand we encountered in others. We developed new product ranges which, together
with the routes to market that we have established over the last three years,
will enable our business to grow strongly. We move into 2004 confident that,
after a period of consolidation and investment, we are ready to deliver the
growth that the reinvestment process started in 2001, was designed to achieve.

As we move forward the Board is evolving and I should like to touch on recent
Board changes. I was delighted to take over as Chairman from Kit Farrow who had
served the Group as a director for ten years with the last four as Chairman. He
led the Group through a major transitional period and the current Board is
benefiting from the planning in which he played a central part. Tony Wilson
steps down at the end of this meeting today after eight years on the Board and
thirty years with the Group. The parts played by both Kit and Tony in the Group
have been tremendously important. Joining the Board and standing for re-election
today, we are delighted to have Judy George, Peter Tom and Paul Dermody who
together, bring immense retail, international and sector specific experience and
I am sure they will make a valuable contribution to your Board.

2004 will be an exciting year for the Group as the work of the last three years,
on new products and on routes to market, drives top line growth. We are building
on our strength in the UK in consumer and foodservice markets to become a strong
force in North America and on the Continent. The new generation of Aga cookers
and the revolutionary Infinity Fryer epitomise our plans.

Moving onto current trading, I reiterate the comments that I have made in the
annual accounts. The current year has started satisfactorily, particularly for
the consumer activities in the UK. We are starting to see more opportunities for
those businesses that had a challenging 2003, like Domain in the US and our
European foodservice operations, which should lead to an improved performance
later this year. We are confident that the benefits of our strategic planning of
recent years will be demonstrable and expect to see further growth this year."

- ENDS -

Further enquiries to:

Vic Cocker, Chairman, Aga Foodservice Group plc               0121 711 6015
Jonathan Glass/Simon Sporborg, Brunswick Group LLP            0207 404 5959



                      This information is provided by RNS
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