AGM Trading Statement

DCC PLC 08 July 2004 AGM Trading Statement 8 July 2004 At the Annual General Meeting of DCC plc, the value added sales, marketing and support services group, to be held in Dublin at 11.00am today, Jim Flavin, Chief Executive/Deputy Chairman, will make the following trading statement: 'DCC's business is significantly second half weighted, with approximately two-thirds of operating profit generated in the second half of the year. Results in the first quarter to 30 June 2004 were ahead of budget and give confidence at this early stage that DCC is well positioned to meet market expectations for the year to 31 March 2005. DCC achieved particularly strong profit growth in the IT Distribution division, the Healthcare division and the Environmental division. The significant increase in the price of oil in the first quarter has had a short term impact on the profits of the Energy division but it is expected that the Energy budget for the year as a whole will be attained. DCC's Food & Beverage division achieved modest profit growth and the profits of Other activities (homebuilding and supply chain management) are well ahead of the prior year. DCC is aggressively pursuing ambitious organic and acquisition growth. Good progress has been made in acquisition discussions in all core business areas. The acquisition by DCC Food & Beverage of Bottle Green Limited, the UK based wine sales & marketing business, which was announced yesterday, is the first of a number of acquisitions targeted for the current financial year.' For reference, please contact: Jim Flavin, Chief Executive/Deputy Chairman Tel: +353 1 2799 400 Fergal O'Dwyer, Chief Financial Officer Email: investorrelations@dcc.ie Kieran Conlon, Investor Relations Manager Web: www.dcc.ie About DCC DCC is a value added sales, marketing and support services group. In its financial year to 31 March 2004, DCC had sales of €2.2 billion and generated operating profits of €121 million. DCC has delivered compound annual growth of 17.3% in adjusted earnings per share over the past 10 years. DCC's shares are traded on the Irish and London Stock Exchanges. For further information please visit www.dcc.ie. This information is provided by RNS The company news service from the London Stock Exchange

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