Trading Statement

Genus PLC 1 March 2001 GENUS PLC ('GENUS') TRADING UPDATE The recent outbreak of foot and mouth disease and the resulting safety precautions introduced to restrict the spread of the disease are having an adverse effect on Genus' short-term trading. The severe limitations being placed on farm access are restricting the company's ability to attend farms. This is affecting the businesses of the Breeding Division, the Consulting Division and the sector of the Distribution Division which provides services to vets involved in the large animal sector. As a result, turnover and income during the last week in February was well below the Board's previous expectations and this downturn is expected to continue throughout March. The overseas agricultural businesses have been unaffected and continue to trade in line with expectations. The Board is urgently reviewing how to adjust the cost base to mitigate the impact on profits but confidently expects that trading should recover swiftly as soon as the disease has been eradicated. Once the extent of the outbreak can be quantified more accurately a further announcement will be made. Contact: Richard Wood Genus plc Tel: 01270 536501 Giles Elliott Bridgewell Corporate Finance Tel: 020 7523 5803 Charles Ryland Buchanan Communications Tel: 020 7466 5000

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Genus (GNS)
UK 100

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