RNS Number:4852I
Goldshield Group PLC
10 March 2003


For Immediate Release:                              07.00, Monday, 10 March 2003



                      Goldshield Group plc (the "Company")

                                 Trading Update

At the time of the Company's interim results, the Board announced that trading
in the second half of the current financial year would continue on a similar
trend as during the first half.

The Board still expects sales in the six months ending 31 March, 2003 to be in
line with expectations, demonstrating good year on year growth in difficult
market conditions. However, the Company has experienced higher than anticipated
costs as a consequence of which, earnings in the year ending 31 March, 2003 will
fall slightly below the Company's expectations.

The Company intends to maintain its dividend and believes it is on track to
deliver good mid to long term earnings growth.


                                    - ENDS -



For further information, please call :


Buchanan Communications                       Tel: 020 7466 5000
Nicola How / Louise Bolton                    Tel: 07956 597 099




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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