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		To: Company Announcement Office

From: C H Bailey Plc							9th July 2004

AVS No 036312							Contact B J Warren

For Immediate Release

The Directors of C H Bailey Plc, at a meeting held today considered the financial accounts for the
year ended 31st March 2004

					2004		2003

					£		£

1. Turnover					4,633,070		3,376,074

2. Operating (loss)					(1,152,903)		(2,621,748)

3. Net Interest (payable) receivable					(82,159)		(36,862)

4. (Loss) on ordinary activities before tax					(1,235,062)		(2,658,610)

5. Taxation					(384,866)		194,865

6. (Loss) on ordinary activities after tax					(1,619,928)		(2,463,745)

7. Minority Interests					430		1,957

8. (Loss) for the year					(1,619,498)		(2,461,788)

9. Dividend					nil		nil

10.Retained (loss) for year					(1,619,498)		(2,461,788)

11.Earnings per share					(2.70p)		(4.11p)
					loss		loss


The Directors do not recommended the payment of a final dividend in respect of the year ended
31st March 2004 (2003: nil)

B J Warren (Secretary)
C H Bailey Plc
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