Trading Statement

RNS Number:3819J
Asfare Group plc
07 March 2005

                                Asfare Group plc


Press Release                     7 March 2005


                Trading Update for the year ended 31 March 2005

Asfare Group plc, the UK's leading supplier of ladders and related equipment to
the UK Fire Industry, today announces a trading update.

"Over the past three months we have seen a significant increase in the level of
order intake and revenue and the order book now stands at the highest level
since the Company came to the AIM market in December 2003. At the time of the
Interim statement we were confident that we could achieve our broker's
expectations, having been in detailed discussions with a number of customers,
who had large orders to place.

However one of these detailed discussions with a customer that has a requirement
for ladders with a revenue value in excess of #500,000 has recently been
developed and as a result, although we expect to receive the order, we do not
currently believe this order will make any contribution in the current financial
year. Accordingly we do not expect to meet the market's profit expectations for
the year ended 31 March 2005.

Should the Company receive the order prior to the year end, then in conjunction
with the significant increase in the general level of order intake, the Company
would enter the new financial year with a very strong order book.

The directors are confident of the outlook for the new financial year."

Tim Wightman
Chairman
7 March 2005


For further information, please contact:


Enquiries:


Asfare Group plc
David Chisnall,  Chief Executive              Tel: [phone]
Adrian Jones, Finance Director


Seymour Pierce
Mark Percy                                    Tel: [phone]

Media enquiries:
Abchurch Communications
Ariane Comstive/Julian Bosdet                 Tel: [phone]
[e-mail]



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