Offer Update

RNS Number:2755C
Range Cooker Company PLC
9 October 2002


THE RANGE COOKER COMPANY PLC ("the Company") 

WITHDRAWAL FROM TALKS

The Independent Directors announce that, on valuation grounds, they have
withdrawn from discussions about a sale of the Company to Mr Robin Russell and
certain directors of the Company (backed by funds managed by Graphite Capital
Management Limited).

Trading in the first five months of this financial year has been in line with
expectations and the Board look forward to the remainder of the year with
confidence.

In view of current trading conditions and what was stated in the Company's
annual report for the year ended 30 April 2002 the Board has decided to declare
a special interim dividend of 1p per share payable to shareholders on the
register as at 18 October 2002. This dividend is expected to be paid to
shareholders by 30 October 2002.




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

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