Interim Management Statement

Expro International Group PLC 24 January 2008 24 January 2008 EXPRO INTERNATIONAL GROUP PLC Interim Management Statement Expro International Group PLC ("Expro" or "the Group"), the oil field services company, today issues an Interim Management Statement covering the period 1st October 2007 to 23 January 2008 under the UK Listing Authority's Disclosure and Transparency requirements. Period Performance The performance in the period since the half year has continued in line with our expectations across all areas of operations. As expected, the underlying operating margin has continued to increase, following the trend of sequential margin improvements that has been a feature of recent results. This margin expansion is the product of operational gearing and the growing margin benefit of our technologically differentiated products and services. There have been no significant changes to the balance sheet, though continued progress in debt repayments continues to be a feature. The period under review saw the announcement on 15th November 2007 of the signing of a contract with BP Exploration Operating Company Ltd, a wholly-owned subsidiary of BP plc, concerning the development and commercialisation of the AX-S lightweight subsea wireline intervention system. Outlook The outlook remains unchanged from that highlighted in our half year report. In the short to medium term, underlying international demand for upstream services remains strong driven by our customers need to invest in new green field developments as well as brown field rehabilitation. Recently published customer capital expenditure plans for 2008 suggest a continuation of their double digit capital investment growth throughout the period. The Board, therefore, is confident that the Group will meet expectations for the current year and believes that the outlook for continued growth in future periods remains positive. - Ends - For further information please contact: Expro International Group PLC 0118 959 1341 Michael Speakman, Finance Director Edward Cutts, Investor Relations Weber Shandwick Financial 020 7067 0700 Nick Oborne / Rachel Martin / Stephanie Badjonat Notes to Editors Expro's business is well flow management. Expro is a leading provider of products and services that measure, improve, control and process flow from high-value oil and gas wells. Key niche businesses must be able to command and sustain market share leadership through a combination of technological pre-eminence and/or operational economies of scale. They will have a high knowledge and service content and will be able to anticipate, meet and exceed customers' expectations. With its head office in the UK, Expro employs more than 4,000 highly-trained staff in 50 countries. For more information, please visit the Expro website www.exprogroup.com. This information is provided by RNS The company news service from the London Stock Exchange
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