RNS Number:4201W
Mayflower Corporation PLC
11 March 2004


11 March 2004


           The Mayflower Corporation plc ("Mayflower" or "the Group")


                                  Announcement


As it indicated in its announcement on 19 February 2004, The Mayflower
Corporation plc is in discussions with its lenders and the Group continues to
keep them closely informed of developments in its business.


The Group and its principal lenders have formalised a standstill arrangement and
its lenders have agreed to provide certain additional facilities to the business
while discussions about renewed financing arrangements are brought to a
conclusion.


The Group intends to announce preliminary results for the year ended 31 December
2003 around the end of March 2004.






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

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