WNS Wensum

RNS Number:3761F
Wensum Company PLC
18 June 2001

THE WENSUM COMPANY PLC

Trading Statement

The  Chairman's Statement on 26 April 2001, accompanying the
preliminary  results  for the year ended  27  January  2001,
stated  that  the  board anticipated continued  pressure  on
turnover and margins for the current financial year in  both
Wensum  Clothing and Wensum Corporate, particularly  in  the
first half of the year, which had started slowly.

With  four  months  of  the  first  half  completed  trading
continues  to  be  difficult  with  the  company's   trading
performance well below the level of this time last year.

Wensum Clothing

Production has been at reduced levels mainly due to the loss
of  a  contract,  as  a  result of  a  complete  market  re-
positioning  by  an important customer.   This  contract  is
gradually  being  replaced  and production  levels  are  now
starting to rise accordingly.

Significant progress continues to be made in the development
of  personal tailoring and the board has committed to  #250,000
of  capital expenditure on new equipment to enhance capacity
in this important value added growth area.  However, this is
not expected to be fully operational until November 2001.

Wensum Corporate

This  division  has  also, in recent  weeks,  experienced  a
substantial reduction in an important contract.  As reported
in  the Chairman's April 2001 Statement, we continue to work
towards an exciting new launch in the retail services  area,
with some benefits expected in this year's results.

Outlook

The  board  anticipates  that the  first  half  will  remain
difficult and that whilst action has been taken to provide a
solid base for future growth the results for the year to  26
January  2002  are  expected to be substantially  below  the
current market expectations.

The  company's  cash position remains strong with  net  cash
increasing by almost #500,000 since the year end to  a  present
level of just over #2 million.





Andrew Hughes
Chairman

18 June 2001

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