Trading Statement

Dickinson Legg Group PLC 01 July 2005 Dickinson Legg Group PLC Trading Update Spooner Leasehold property The result for the year ending 30 June 2005 is expected to be marginally ahead of management expectations. Dickinson Legg Ltd and Spooner Industries made good progress in the second half year, as anticipated at the time of the interim results. Order intake for capital equipment at the tobacco business has been slow, but we are encouraged by the quality of enquiries for both tobacco and air drying products. Nonetheless, until a number of these enquiries are converted into orders, trading will continue to be difficult and the outlook for the forthcoming year uncertain. Agreement has been reached with the Landlord of the leasehold premises occupied by Spooner Industries in Ilkley, West Yorkshire, to vacate the current premises within two years. The agreement provides for Spooner to have purpose built freehold premises on an adjacent site, through a combination of land and cash worth circa £3.8 million. Payment will be received over a two year period. The Company will benefit from a one time exceptional profit of approximately £3.3 million in this financial year. For further information contact: Dickinson Leg g Group PLC 01962 841788 Tom Mackie, Chief Executive David Heath, Finance Director Rowan Dartington 0117 9330010 Barrie Newton This information is provided by RNS The company news service from the London Stock Exchange
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