Trading Statement

  14 July 2011 API Group plc ("API" or "Group") Trading Update The Board's outlook statement, issued with API's Final Results announcement on June 8th, indicated that trading in the early part of the new financial year had been in line with the second half of 2010/11. After completion of the first quarter, it can be confirmed that activity and profitability levels are running significantly ahead of expectations with the Laminates and Holographics units performing particularly strongly.  Whilst there remains some residual impact from raw material costs on our foils businesses, especially solvents and resins, the Board's outlook for the full year is now anticipated to be ahead of market forecasts. In the light of this announcement, the Group does not expect to provide any further general guidance on the full year outlook at its upcoming AGM on 27th July. For further information, please call: API Group plc Tel: +44 (0)1625 650334 Andrew Turner, Group Chief Executive Chris Smith, Group Finance Director Cairn Financial Advisers LLP (Nomad) Tel: +44 (0)20 7148 7901 Tony Rawlinson / Liam Murray Numis Securities Limited (Broker) Tel: +44 (0) 20 7260 1000 James Sergeant This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: API Group PLC via Thomson Reuters ONE [HUG#1530967]
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