RNS Number:0170O
Auto Indemnity Group PLC
28 July 2003


AUTO INDEMNITY GROUP PLC

28TH JULY 2003

AGM STATEMENT

At the AGM  to be held later today the Chairman, Charles Good, will make the
following comments:

"It is the Company's intention to announce the unaudited Interim results to 30th
June 2003, on 26th August.  At that time there will be  more detailed comment on
current trading and prospects.  In the meantime the Board is pleased to announce
that the Company continues to make good progress, new business is being won,
cash collection is strong and the Board is confident about future trading
prospects.

Subject to shareholder approval at the AGM to be held later today, the Company's
maiden dividend of 0.25p per share will be paid to shareholders on 4th August.

It is your Board's current intention to declare, in the future, both Interim and
Final dividends.  The first Interim dividend is expected to be announced with
the Interim results on 26th August."

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