HST Hartstone

RNS Number:7329C
Hartstone Group PLC
21 October 2002

A number of typographical and formatting changes have been made to the first
paragraph of the Trading Statement announcement released on 21 October 2002 at
09:41hrs under RNS: 7217C.


All other details remain unchanged. The full amended text appears below.






                       Hartstone Group PLC ("Hartstone")


                               Trading Statement




The Hartstone Group PLC today announced that as a result of deteriorating
trading conditions in the US footwear and accessory markets, interim performance
will be below expectations. In the circumstances, the Group has adopted an
aggressive approach to stock valuation and trade discounts which will adversely
affect first half results to be announced in December.


At this stage, however, the Group expects a small pre tax loss for the year as a
whole, which is dependent upon a modest improvement in trading in the second
half of the financial year.


With cash transfers to the UK restricted by the US banks, it is unlikely that
the Group will be in a position to pay the preference dividend on 2 January
2003, in which case the dividend would be rolled up cumulatively for future
payment.




Enquiries:


The Hartstone Group PLC                              01494 787700

Shaun Dowling, Chairman



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