STYL Stylo

    RNS Number : 3330J
  Stylo PLC
  02 December 2008
   

    Stylo plc

    Trading update

    The Board of Stylo plc (the "Company") announces that trading in the four weeks since the announcement of the interim results on 31
October 2008, has been below its expectations.

    The interim results announcement on 31 October 2008 highlighted the actions being taken within the business to implement the strategic
recovery programme. The difficult retail trading conditions, currently being experienced by all retailers, re-emphasise the need for these
actions. In line with other high street retailers, the Company has also commenced promotional events across all its stores with positive
initial results.  The Company will continue to be pro-active in its promotional activities where and when appropriate.

    Whilst gross margin will be affected by the promotional discounts, stock levels and costs continue to be managed tightly as the Board
concentrates on delivering cash into the business.

    For Further Information:

    
 Stylo plcMichael Ziff                                        01274 617 761
                                                                           
 Arbuthnot Securities LimitedKatie Shelton / Richard Tulloch  020 7012 2000



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