Trading Update

EXPRO INTERNATIONAL GROUP PLC 23 September 1999 UPDATE ON OUTLOOK Expro outlined today that the underlying outlook for its global oilfield services business remains robust. As was highlighted at the preliminary results announcement on 9 June 1999, there will be a heavier than normal bias to the second half of the year. However, the deferral of a number of projects by oil and gas producers is having an impact on the Group's performance this year. The Company stated that market expectations of achieving first half results comparable to last year would not be achieved in the current environment and that this shortfall would not be redressed. Contract activity for the second half to March 2000 and for the next financial year, is already showing signs of strong recovery. Expro's broad service and product range and wide geographic spread continues to provide balance. Strong growth has been exhibited in the Americas and Africa markets ameliorating the impact of the anticipated lower activity levels in the North Sea and Continental Europe. Demand for deepwater expertise, a global distribution network and focus on production enhancement activities leaves the Group well placed in a $14 real oil environment. For further information, please contact: Expro International Group plc On 23rd September: 0171 588 2828 John Dawson, Chief Executive Thereafter: 0118 9591341 Eric Woolley, Finance Director Cazenove & Co. 0171 588 2828 Mike Kirk Ludgate Communications 0171 253 2252 Robin Hepburn Denise Peplow
UK 100

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