HRD Hardy Amies

RNS Number:1681W
Hardy Amies PLC
23 December 2005

Hardy Amies plc



50% increase in retail sales, additional working capital secured and positive
discussions with a strategic partner to deliver the next stage of growth



The Board is delighted to announce that the increase in retail sales reported at
30 June 2005 has continued to build during the year and management accounts
indicate that retail sales for the year to 31 December 2005 will be 53% up on
the year to 31 December 2004.  Chief Executive, Tim Maltin said: "We are
delighted that retail sales at Hardy Amies will close this year 50% up on last
year following our significant investment in the brand."



The Company also announces that it has raised #356,650 through a placing of
7,133,000 new ordinary shares to provide additional working capital for the
Group. Application will be made for the new ordinary shares to be admitted to
trading on AIM on Tuesday 3 January 2006.



The Board is also delighted to announce that the Company is in positive
discussions with a strategic partner to take the business to its next stage of
growth. Shareholders will be updated on further developments in due course.




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

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