SOO Southampton LS.

RNS Number:9586G
Southampton Leisure Holdings PLC
02 November 2007


2 November 2007


                        Southampton Leisure Holdings PLC
                                ("the Company")

                        Trading Update and Offer Update

The board of Southampton Leisure Holdings is today providing a Trading Update
and Offer Update prior to the release of its financial results for the year
ended 30 June 2007.

The Company continues to trade in the current financial year, ending 30 June
2008, broadly in line with the directors' expectations. However, in the absence
of significant new investment, the directors would require to trade players
during the January transfer window in order to generate funds for use as working
capital during the remainder of the financial year. Further cost reduction
measures would also be taken.

The sale of players in January would, in the opinion of the directors, be likely
to have an adverse impact on the Company's ability to achieve promotion to the
FA Premier League.

Whilst the Company's bankers continue to support the Company, they have
indicated that they will not passively sit by and watch the liquidity position
of the Company deteriorate over the coming year.

The Company remains in discussions with SISU Capital Limited but requires the
support of the major shareholders to finalise any transaction with this
investor.

The preliminary announcement of the Company's financial results for the year
ended 30 June 2007 will be released later this month.


Enquiries:

Southampton Leisure Holdings                                     0845 688 9948
Jim Hone                                                         

Seymour Pierce Limited                                           020 7107 8000
Roger Clement/Sarah Jacobs

Square1 Consulting Limited                                       020 7929 5599
David Bick



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