RCC Range Cooker

RNS Number:1118I
Range Cooker Company PLC
7 August 2001


FOR RELEASE                           7:00 AM               7 AUGUST 2001





                        THE RANGE COOKER COMPANY PLC

                ("The Range Cooker Company" or "the Company")

     (One of the largest suppliers of quality domestic cookers in the UK)



                          Chairman's AGM statement:



                            Good start to the year

                     Current trading in line with budget



The Range Cooker Company will be holding its Annual General Meeting at the
Company's London Showroom at The Building Centre, Store Street, London W.1.
later today and, whilst commenting upon the Company's positive trading in the
first quarter of the current year, John Armstrong, Chairman, will make the
following statement:



"We have made a good start to the year with trading in the first quarter in
line with our budget.



Demand for high quality range style domestic cookers continues to grow and,
with 680 stockists throughout the UK, Eire and the Channel Islands, we are
well positioned to satisfy this demand and continue our growth.



The Britannia, Majestic and Morice ranges of cookers cover niche segments of
the market for quality cookers.  The past year has seen increasing emphasis on
sales and marketing and we are alert to the opportunities to introduce new
ranges into the UK and Irish markets.



This September will see the launch of the new generation of Britannia cookers
and hoods and the initial indications from our stockists are very encouraging.
  The major impact of this launch should be reflected in our results for the
second half of the year.



Based on the results to date and the indications from our stockists, I believe
that we can look forward to another good year."




For further information contact:


John Armstrong (Chairman)             020 7786 9600 (Tuesday and Wednesday only)
The Range Cooker Company plc          01253 471123 (thereafter)
Brian Coleman-Smith / Bruce Croxford  020 7786 9600
Binns & Co Public Relations







                               Background note



 1. The Range Cooker Company's shares are traded on AIM having gained admission
    in November 1997 by way of a placing at 5p a share.
 2. The Britannia product range offers a number of different sizes from 60cm
    single oven models to the larger 90cm (single and twin ovens), 100cm,
    120cm and 150cm twin oven widths.  Sales are predominantly in the larger
    models, price range from #1,200 to over #5,000.  These models are sold
    through over 650 retail outlets in the UK and Ireland.  Sales are balanced
    through retailers such as John Lewis Partnership, Harrods, specialist
    appliance retailers and kitchen specialists.
 3. The Majestic range offers over 700 models ranging in size from 700mm to
    1511mm.  Price range on Majestic is between #1,800 and #7,500.  This range
    is available through a smaller number of dedicated retailers.
 4. The Morice range offers over 800 models, mostly to the consumers' personal
    requirements and price range is from #5,500 and is available only through
    outlets that can offer an extremely high level of service and
    installation.

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