ASC Asos Plc

RNS Number:7039C
ASOS PLC
10 May 2006


FOR RELEASE                           7.00 am                        10 May 2006



                                    ASOS plc

                              (" ASOS" or "Group")

                   A leading Internet based fashion retailer


               Trading Statement for the year ended 31 March 2006



*  Despite the previously reported impact to the business resulting
   from the Buncefield Fuel Depot explosion in December 2005, ASOS.com 
   sales up 42% and profit expected to be not less than #1.6m

*  Insurance claim proceeds phased over two accounting periods -
   further #0.6m insurance monies due during 6 months to 30 September 2006

*  Strong start to new financial year - ASOS.com sales for the six
   weeks ended 7 May 2006 up 74% year on year

* Confident of another strong year of growth



Nick Robertson, the Chief Executive, made the following comments:


I am pleased to report that, despite not trading over the Christmas period
following the Buncefield Fuel Depot Explosion which caused damage to our Hemel
Hempstead warehouse, ASOS.com recorded a 42% increase in sales and profit before
tax and amortisation of goodwill for the year to 31 March 2006 will be not less
than #1.6m. The profit is less than previously advised due to the phasing of the
Buncefield Insurance claim proceeds. Further receipts totalling #0.6m will be
accounted for in the 6 month period to 30 September 2006 rather than the year
ended 31 March 2006 as previously anticipated.


I would like to take this opportunity to thank our insurers, Fusion Insurance
Services Ltd, for their continued support and assistance.


Encouragingly, sales since the year end have been particularly strong with
ASOS.com recording a 74% year on year increase in sales for the six weeks ended
7 May 2006.


With the continued growth in online shopping and the increasing awareness and
popularity of ASOS amongst its target market, I remain confident about the
prospects for ASOS and look forward to a strong year of growth.


Final results for the year to 31 March 2006 will be released in the first week
of July.




For further information:


ASOS plc

Nick Robertson, Chief Executive                          Tel: 020 7240 7070
Jon Kamaluddin, Financial Director                       Tel: 020 7240 7070


Cubitt Consulting
Brian Coleman-Smith / Nia Thomas                         Tel: 020 7367 5100


Seymour Pierce
Mark Percy                                               Tel: 020 7107 8000


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. Aimed primarily at an Internet savvy
18-34 year old, ASOS has over 880,000 registered users as at 9 May 2006, and
offers over 2000 lines across womenswear, menswear, jewellery, beauty,
accessories and footwear.


www.asos.com



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

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