RNS Number:3683M
Ashley (Laura) Hldgs PLC
16 June 2003



                                                                    16 June 2003





                           Laura Ashley Holdings plc

                                ("the Company")

                                 AGM Statement



At today's Annual General meeting, Dr Khoo Kay Peng, Chairman of Laura Ashley
announced that KC Ng, who resigned as Chief Executive Officer last month, has
decided not to seek re-election to the Board.



In its preliminary results statement on 8 May 2003, the Company announced that
total retail sales were flat compared to the previous year.  As at the current
date, this position remains broadly unchanged.



Enquiries

David Cook                          Chief Financial Officer             020 7880 5100

Katya Reynier/                      Brunswick Group                     020 7404 5959
Deborah Spencer






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