Trading Statement

Carclo plc 07 October 2003 7 October 2003 CARCLO PLC TRADING STATEMENT Upon completion of trading for the six months ended 30 September 2003, the board of Carclo plc are making the following statement. In the outlook statement made at the annual general meeting at the beginning of September it was noted that demand has been weak in the first half of the financial year. Demand across the technical plastics operations has been 10% below the levels achieved in the same period last year which has impacted profitability in the first half. The group, as a whole, will be approximately break even at the operating level, before goodwill and exceptional items. We have extended the rationalisation of the UK technical plastics operations, resulting in exceptional charges in the first half of around £1.8 million. However, our order intake has been gaining momentum and the actions already taken should ensure a marked recovery in the second half of 2003/04. The full interim results will be announced on 8 December 2003. For further information please contact: Carclo plc Chris Mawe, group finance director 01924 330 500 Weber Shandwick Square Mile Richard Hews, Susanne Walker 020 7067 0700 This information is provided by RNS The company news service from the London Stock Exchange

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Carclo (CAR)
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