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AWG: Vigorously pursue asset sales and return money to its shareholders. It has posted annual results in line with expectations and says it has asked its would-be buyer, German bank WestLB, to clarify its intentions or withdraw from the takeover process. AWG, which owns the regional water and sewerage business Anglian Water, said pretax profit before exceptional items and goodwill for the year to March fell to 106 million pounds from 137.3 million pounds. The group made aloss of 42.4 million pounds and a loss per share of 26.4 pence.

Kingfisher: Says the integration with the French Castorama group is going well. They saw a 34 percent rise in first-quarter profits, thanks to robust Easter sales at B&Q despite the consumer slowdown. B&Q's sales grew by 6.3 percent on a like-for-like basis in the first quarter compared with analysts' expectations of 4-7 percent growth Profit for the 13 weeks ended May 3 rose to 154 million pounds, up from 114.6 million last year

Cable & Wireless: To review global assets, suspend this years dividend, reduce the labour force and withdraw from the US Market. It also has a large pension deficit to contend with. Full-yearearnings of 334 million pounds, less than half last year's 822 million was in line with forecasts of between 314 million and 385 million pounds. But was a 6 Billion over all year loss for the company.

Matalan says like-for-like sales in the 13 weeks to May 31 fell 7.5 percent, with sales of its spring and summer ranges "disappointing".

Calendar All GMT	United Kingdom (F)inals (I)nterim	United States (Click Flag)	Europe & World
Wed 4th	AWG (F) 85m exp. Cable & Wireless (F) 394m exp. Expro International (F), Kingfisher (Q1), Quintain Estates (F), Telecom Pl(F) British Airways May Traffic 09.30 CIPS Services PMI 51.1 exp. 11.00 May CBI Distributive Trades	13.30 Q1 Revised Productivity +1.8% exp. 15.00 May Non-Manufacturing ISM 51.7 exp.	08.55 German May Services PMI 45.2 exp. 09.00 Apr Services PMI 48.3 exp. 11.00 Mar Retail Sales m/m 0.8% exp
	AbacGroup (3.4), Aegis Group (0.75), Alexon Group (4.67), Austin Reed (5.5), Avon Rubber (3.5), Bellway (6.2), Big Yellow Group (1), Body Shop (3.8), Bodycote (3.85), Brixton (7.05),  Camellia (66), Care (0.9), City Centre Restaurants (2.75), Clarkson (9), Cobham (18), Croda International (7.59), Daily Mail & General Trust (3.15), Development Securities (3.35), Enterprise Inns (5.7), Euromoney Institute (5), Findel (9.8), Greencore Group (EUR 0.051), Hunting Plc (2), Intertek Testing (5.2), John Menzies (12.6), Linton Park (13), Luminar (8.06), Macdonald Hotels (2.62), Maclellan Group (0.5), Malcolm Group (3.3), Marshalls (6.7), Matalan (5.4), Mcbride (0.8), Mears Group (0.75), Peacock Group (3.9), Punch Taverns (2.1), RM Plc ((0.95), S&U (20), Scottish Radio (6.5), Shaftesbury (1.375), Signet (1.8), Silentnight Holdings(6), Town Centre Securities (1.65), Vodafone (0.898), WPP Group (3.67), Westbury (8.25), Wolverhampton & Dudley (10.9), Yule Catto & Co (7.4)
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