WNS Wensum

RNS Number:8611I
Wensum Company PLC
21 February 2005



                             The Wensum Company PLC

                                 Trading Update

The Directors report that the Group continues to make good progress in its
strategy to develop the Wensum Corporate outsourcing business and downsize the
UK manufacturing division Wensum Clothing, based in Norwich. This will be
reflected in the results for the year ended January 2005 to be published in
April, which the Board expects will be in line with current market expectations.

The Directors now plan a further reduction in UK manufacturing capacity and are
proposing a redundancy programme, details of which are being discussed with
employees and their representatives during the statutory period of consultation.
The potential redundancies could affect 50 - 60 people, out of a current Norwich
workforce of 226, at a cost not expected to exceed #175,000. This will be
charged against the Profit and Loss account for the first half of the current
year 2005-06, and will compare with the exceptional costs of #225,000 included
in administrative expenses for last year's comparable six-month period.

The new financial year has begun satisfactorily. Wensum Corporate continues to
have a strong order book, and Wensum Clothing is making satisfactory progress in
putting together manufacturing partnerships overseas, as signalled in the 2004
Annual Report.

Enquiries:

Michael Hall
Finance Director
01603-616311



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

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