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Date: 26 June 2008                                   

Embargoed: 7.00am

Thomas Walker PLC

('Thomas Walker' or 'the Company')

Pre-close trading update

Thomas Walker PLC is today providing an update on current trading to shareholders, before entering into its closed period ahead of the Preliminary Results announcement for the year ending 30th June 2008.

The Board had previously indicated at the Interim Results announcement in March 2008 that the general outlook for the remainder of the financial year remained uncertain. Whilst our expectations that the trading environment would remain difficult have been borne out, it is pleasing to report that solid progress has nevertheless been made, particularly in the Group's stamping business. 

The Company retains a cautiously optimistic outlook going into the new financial year. 

Stamping

Despite turbulence in the brass market and continuing high prices, trading at the Company's stamping operations has improved and is profitable. 

The local management team has taken steps to mitigate the impact of these unpredictable price fluctuations on the business. New sales resources are in place and we are confident that the business is well positioned for the future.

Accessories

Trading in our accessories business, now mostly export, has continued to be particularly challenging. While demand for identity products in the UK has remained fairly static, our garment accessories business has been impacted by a migration of clothing production to China together with an overall reduction in demand within key markets in Europe and North America, including the UK.

The role of TW South East Asia, as a sourcing agency, will give the opportunity to extend from a low cost base into new markets in the UK.

Main Board Appointment

Shareholders will be aware that we welcomed Bill Good to the Main Board of the Company as an Executive Director earlier this month. On 1st July 2008, he will assume the role of Group Managing Director. 

The Company's existing Group Managing Director Edward Cook will remain on the Main Board of Thomas Walker until his retirement as an Executive Director in October 2008. 

Further information:
John Lomer, Group Finance Director	Steve Douglas	Katie Dale
Thomas Walker PLC	Arden Partners plc	Golley Slater
Tel: 07778 889 977	Tel: 0121 423 8940	Tel: 0121 284 9743
		Mobile: 07918 716754

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