RNS Number:4580U
Autologic Holdings PLC
21 January 2004

                             AUTOLOGIC HOLDINGS PLC

                            PRE-CLOSE PERIOD UPDATE

AutoLogic Holdings plc ("Autologic" or the "Group") is releasing the following
update on trading for the full year 2003 and expects to announce its preliminary
results on 23 March 2004.

As anticipated, 2003 was a difficult year with significant volume volatility and
reduced new car registrations in Continental Europe. Despite these conditions,
AutoLogic expects to announce profits (pre-tax, exceptionals and goodwill) for
the year to 31 December 2003 which are broadly in line with current forecasts.

European new car volumes generally remained weak throughout the second half of
the year although some markets experienced an improvement in the fourth quarter.
Of the major markets in which the Group operates, France and Benelux experienced
the largest volume reductions, with cumulative decreases in Group volumes in
these countries for the full year of up to 20% compared with the same period
last year. Volumes in the United Kingdom over the full year were comparable with
2002 but were extremely volatile from month to month.

The restructuring of the French and Benelux businesses reported in March has
continued throughout the year. The more flexible cost base, now largely in
place, has begun to show through in the results of these businesses and we
expect to see further benefits from this in 2004.

CAT (Compagnie d'Affretement et de Transport), in which the Group holds a 40%
interest, has continued to trade in line with expectations despite continuing
difficult trading conditions in its key markets.

The Group successfully completed a significant restructuring of its French
property portfolio involving the sale and leaseback of a number of sites as
described at the half year. The aggregate cash receipt on the sale of these
sites has been used to reduce debt. In addition, the Group has agreed to the
sale and leaseback of its site at Oosterhout in the Netherlands. It is
anticipated that this will be completed during 2004.

A statement on current trading will be made when the full year results are
announced in March.

For further information, please contact:

Autologic:

John Merry
Chairman                      020 7420 0555

Philip Nuttall
Group Finance Director        020 7420 0555

Bell Pottinger Financial:

Press/Analysts: Robin Tozer   020 7861 3891

Investors:  Neville Harris    020 7861 3894



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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