AGM Statement

RNS Number:5563N
Oasis Healthcare PLC
15 July 2003


For Immediate Release                                               15 July 2003

                              OASIS HEALTHCARE PLC

                              Annual General Meeting

At today's Annual General Meeting of Oasis Healthcare plc the Chairman, Ron
Trenter, advised shareholders that trading in the first two months of the year
was in line with Company targets. He then said at the meeting:


" I would like to reiterate some of my comments from our Annual Report with
updates as appropriate.


Organisation

"The acquisitions of Dencare and Ora led to an organisational review which is
maximising cost savings whilst ensuring that the best performers from the
various companies are given appropriate roles in the consolidated business. The
resulting new management structure for the Group provides stronger leadership
and support teams for the operations and clinical functions and, in the Board's
view, will be a key factor in delivering targeted growth in turnover and
profitability.


"The Group now comprises over 2,000 people, of whom some 700 are clinicians,
with the balance mainly accounted for by practice staff in nursing, reception
and local management roles. The practices are supported by field-based
operations and clinical managers and a core head office team in Norwich. Almost
everyone working for Oasis has been affected by the dramatic developments
associated with our rapid growth over the past year and the Board would like to
record its appreciation of the excellent contributions made by our clinicians
and employees during this period of major change.


Outlook


"The future emphasis for the Group will be on securing significant organic
growth through continuing implementation of our various practice development
initiatives to increase turnover and reduce costs :


*     Firstly, we expect to achieve further strong growth in revenues
from private dental care, particularly cosmetic and specialist treatments, as we
build awareness of the wide range of high quality private dentistry available
across the practice estate.

*     Secondly, the majority of planned cost reduction initiatives
deriving from consolidating the Dencare and Ora businesses with Oasis to secure
both purchasing improvements and organisational savings are now largely complete
and will deliver significant benefits during the current year.


"Consequently, the Board believes Oasis is well-positioned to maintain the
strong trend of performance improvement it has demonstrated every year since
flotation in 2000 in terms of growth in turnover, underlying operating profit
and cash generation. "


For further information, please contact :


Malcolm Hughes                                                     01603 625 335
(Chief Executive, Oasis Healthcare Plc)

Tim Anderson/Lisa Baderoon                                         020 7466 5000
(Buchanan Communications)

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

AGMSFWFSISDSEFW