Leeds Group PLC 21 March 2005 Issued on behalf of Leeds Group plc Date: Monday, 21 March 2005 IMMEDIATE RELEASE Leeds Group plc Annual General Meeting At today's Annual General Meeting, Vin Murria, Non-Executive Chairman, told shareholders: "In our preliminary results announcement made on 17 February 2005 we stated that the results had been satisfactory for the quarter ended 31 December 2004, the first quarter of the current financial year. In the first two months of 2005, the performance of Leeds Leasing has continued to be satisfactory but sales by Hemmers-Itex have been some 14% below the levels achieved in January and February 2004. We believe this reflects low levels of consumer confidence in Germany, exacerbated by a very early Easter which, compared with last year, has reduced by 2 weeks the carnival period in which we are very active. We continue to seek to increase sales of Hemmers-Itex product in export markets. We have appointed agents in Eastern Europe and have replaced an agent in a major Western European market in which we have witnessed a marked decline in sales over the last three years. These actions will lead to improved sales in the medium term, but will cost in excess of £100,000 which will, in the short term, restrict profitability." All resolutions were duly passed. Enquiries: Malcolm Wilson, Group Managing Director Fiona Tooley Leeds Group plc Citigate Dewe Rogerson Tel: 0113 391 9000 Tel: 0121 455 8370 This information is provided by RNS The company news service from the London Stock Exchange