Griffin Speculators Investment Club

(THT)                               www.thorntons.co.uk

Retailing and manufacturing of high quality chocolates, toffee, ice cream and other confectionery

Why we bought the share

The last 3 years have seen slumps in the share price around the
summer months and then a rise up to the Xmas period from August
which is generally sustained over the Easter and Mothers Day
period and then falls away again in January.

Current price 185p.

A good time to be buying a well known share with predictable
but profitable trends. The time is right !!


And since ...

29 Nov 99 - Dividend of £17.02

Dec 99 - The plan hasnt worked so far and the price has dropped to around 187p but we did expect it to go up by April so theres still time.

19 Jan 00 - The stop loss kicked in and we sold (after some heavy debate) @ 1.61. A net loss of £178.60.

STANDING DATA

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COMPANY NAME.......Thorntons PLC
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ACTIVITIES.........Retailing and manufacturing of high quality
chocolates, toffee, ice cream and other
confectionery

HEAD & REGISTERED
OFFICE.............Thornton Park, Somercotes, Derby, DE55 4XJ, Tel:
(01773) 540550, Fax: (01773) 540842

DOMICILE...........UK

AIC SECTOR.........

AIC SUB SECTOR.....
INDEX..............FTSE SmallCap .

REGISTRARS.........Northern Regs, Huddersfield
BANKS..............Royal Bank of Scotland
Midland Bank PLC
AUDITORS...........PricewaterhouseCoopers, Nottingham
SOLICITORS.........Irwin Mitchell, Sheffield
Eversheds, Birmingham
STOCKBROKERS.......Deutsche Bank AG
FIN ADVISERS.......Granville Investment Banking
HSBC Investment Bank
FINANCIAL PR.......Buchanan Communications


DATES/EVENT LATEST EXPECTED
INTERIM ANN 05/03/99 05/03/00
YEAR END 27/06/98 25/06/99
PRELIM ANN 06/10/98 06/10/99
ANNUAL REPORT 05/10/98 05/10/99
AGM 04/11/98 04/11/99