Current Trading Update

Anglian Group PLC 2 February 2000 Anglian Group PLC 2 February 2000 Current Trading Update As announced with Anglian's interim results, the production restraints which adversely affected first half sales were resolved. These have not further affected product supply. However, turnover and profitability since then have been below expectations. Anglian has experienced a slower than expected recovery of demand in its new build and public housing sectors, tight labour markets particularly in the South East and higher operating costs, caused by the major production constraints reported in the first half. As a result, turnover for the year to 1 April 2000 is expected to be flat and operating profits are now expected to fall short of the prior year. The fundamental strengths of the business, however, remain and the management team will continue to invest in Anglian's premium brand and to develop its strong market position. It is the Directors' current intention to recommend an increased final dividend for the year in line with their existing dividend policy. Contacts: Anglian Group PLC 01603 787000 Eddie Boss, Chief Executive Robert Aitken, Finance Director Financial Dynamics 020 7831 3113 Tom Baldock
UK 100

Latest directors dealings