RNS Number:4529M
Alexon Group PLC
18 June 2003


For Immediate Release                                             18 June 2003



                             Alexon Group plc

                              AGM Statement


Alexon Group plc, the leading retailer of ladieswear, menswear and shoes, will
make the following statement at its AGM this afternoon.


Alexon Brands has traded in line with plan and continues to take market share
from its competitors. Dolcis has continued to benefit from broadening the appeal
of its product ranges and has traded strongly in the half to date. Bay Trading
has had a difficult half to date, due mainly to the narrowness of its fashion
offer, but we are confident that progress can be resumed in the second half.
Menswear has performed satisfactorily and the business is well placed for the
important second half.


Good progress has been made with our planned new opening programme and the Board
remains confident of a successful outcome for the year.


The interim results for the six months to 26th July 2003 will be announced on
Monday 29th September 2003.



Contact:

Alexon Group                         01582 723 131
John Osborn, Chief Executive
Robin Piggott, Finance Director

Buchanan Communications              020 7466 5000
Richard Darby/Bobbie Swanson




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