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RNS Number:0300I
European Home Retail plc
23 August 2006



23 August 2006
European Home Retail plc ("EHR" or the "Company")

The Board of European Home Retail plc has requested that the shares of European
Home Retail plc be suspended with immediate effect, pending an outcome to its
current discussions regarding increased facilities for its peak borrowing period
and publication of its preliminary results.

On 30 June 2006 we announced that the Board was exploring all options to arrange 
additional financing for the peak working capital period in the Autumn.  Since 
then, discussions have continued with various providers of finance, however no 
arrangements have been concluded.  The Company remains in discussions with its 
existing bankers to seek a resolution to the situation.

In addition, the Company confirms that pending the conclusion of its financing
discussions, there will be a delay in the preparation and audit of its
preliminary results for the year ended 30 April 2006, which is required by 9.7.1
and 9.7.2 of the Listing Rules to be within 120 days of its period end. The
Company is therefore unable to publish its preliminary results, but will publish
them in due course.

The Group continues to trade in line with its expectations.

A further announcement will be made in due course.

Enquiries:

European Home Retail plc 01793 606000
William Rollason, Chief Executive

Buchanan Communications 020 7466 5000
Richard Oldworth/ Suzanne Brocks

ENDS



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