AGM Statement

RNS Number:2727O
Donatantonio PLC
04 August 2003



At the Company's Annual General Meeting today, the Chairman, Vincent
Donatantonio, made the following comments:

"Bottom line profitability for the first five months of the year has grown
strongly. Following on from the pressures on margins last year, action was put
in place to improve sales margins, and the benefits of this action have
materialised well and consistently.

The core manufacturing business has continued to grow, with sales for the first
five months being ahead of last year by six percent. Catering wholesale trade
continues to suffer with the depressed market place with London particularly
affected by the congestion charge. The smallest division, the retail sector
sales, has seen solid progress in the first half, but sales are expected to fall
in the short term as one agency attempts to go direct whilst another comes on
stream. The Company was recently chosen by Marks & Spencer to supply pasta
products into their flagship Provender range. Donatantonio's reputation in this
sector as a top supplier is growing steadily.

I am confident of our prospects against the current backdrop of a sluggish
domestic and world economy.

In March of this year, the Company announced that it was undertaking a strategic
review. This review is still in progress, and a further statement will be made
in due course."


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