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Authority to purchase shares

17th May 2005 17:04

Ashley (Laura) Hldgs PLC17 May 2005 LAURA ASHLEY HOLDINGS plc ("the Company") AUTHORITY TO PURCHASE OWN SHARES Laura Ashley has issued to holders of its ordinary shares, notice of itsforthcoming Annual General Meeting to be held on Thursday, 16 June 2005. At thismeeting, a resolution will be proposed which authorises the Company to purchaseits own shares up to a maximum of 111,905,304 ordinary shares representing 15%of the ordinary shares in issue. However the Company has no present intention topurchase its own shares. Further details are contained in the Annual Report that has been posted toshareholders. Enquiries: David Cook Company Secretary 020 7880 5100 James Olley Brunswick Group 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange

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