ASC Asos Plc

RNS Number:7267S
ASOS PLC
17 October 2005


FOR RELEASE
7.00 AM
17 OCTOBER 2005

                                    ASOS plc
                           ("ASOS" or "the Company")
                       (Leading online fashion retailer)

                                 AGM STATEMENT

*          Sales up 86% in first 6 months for ASOS.com

*          Move to 70,000 sq ft. warehouse complete

*          Continued investment in retail and logistical resource

*          New website and back-office systems launched

*          675,000 registered users as at 11 October 2005

*          Optimistic about the long term prospects

Nick Robertson, the Chief Executive, will make the following comments on current
trading at the Annual General Meeting to be held at 2.30 pm today at ASOS plc,
Maylands Avenue, Hemel Hempstead, Hertfordshire. HP2 7DE.

I am please to report that unaudited sales for ASOS.com increased 86% year on
year for the 6 month period to 30 September 2005. This is a strong start and
reflects the continued growth of on-line shopping and the investment last year
in our buying team and product offer.

With the move to our new 70,000 sq. ft. warehouse completed and the logistical
constraints behind us, we have raised the bar again. Three additional buyers
have been appointed since August, taking the total buying team to twelve. We
have also added three to the merchandising team. Strategically, we will be using
this extra resource to deliver around 200 hot new fashion lines per week, every
week.

We have also invested heavily in logistics resource with the appointment of four
senior members to the team.

In September, we up-dated the website and gave 'ASOS Beauty' its own identity
and home page. At the same time we implemented our new bespoke back-office
solution.

I remain optimistic about the long term prospects for ASOS and we are putting in
the building blocks now to support continued high levels of growth. That said,
our first half performance should not necessarily be taken as an indication of
the outcome for the full year, especially with tougher comparables ahead and the
all important Christmas trading period still to come.

ASOS plc
Nick Robertson, Chief Executive                               Tel: 020 7240 7070
Jon Kamaluddin, Finance Director
www.asos.com

Beattie Financial
Brian Coleman-Smith / Nia Thomas / Grace Dewhurst             Tel: 020 7053 6400
Seymour Pierce
Mark Percy / Nicola Marrin                                    Tel: 020 7107 8000

Note to Editors:

ASOS plc is an Internet Retail and Marketing Services Group, established in June
2000 and admitted to AIM in October 2001.

Its principal business is ASOS.com, a leading online fashion and beauty
retailer. A top five company in the UK Apparel and Accessories category (Source:
Hitwise), ASOS.com has over 675,000 registered users at 11 October 2005,
compared to 600,000 at 4 July 2005. It offers around 1,500 lines across
womenswear, lingerie, menswear, jewellery, accessories, footwear, beauty and
gifting. Its primary customers are Internet savvy 18-34 year olds.




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

END
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