Trading Statement

Holders Technology PLC 19 December 2005 The previously announced rationalisation of European activities has been successfully completed with Screen Circuit, the loss making Dutch based activity, now incorporated within Holders Technology BV and the previous Screen Circuit management having left the combined company. Our three German subsidiaries have been merged to form Holders Technology GmbH. The non-recurring costs of this restructuring and other rationalisation measures are expected to amount to £128,000 in the year to 30 November 2005. Trading for the Group in the second half of the year has been below market expectations. UK sales were broadly in line with budget, as were those of our Swedish company Holders Technology AB, but the German and Dutch operations have had a weaker second half than anticipated. Our Chinese activities are still in their formative phase but nevertheless have achieved an encouraging growth in turnover and have made a positive contribution to Group profitability in the second half of the year. The board believes that the results for the year to 30 November 2005 will be below current market expectations principally due to the impact of the non-recurring costs of the European rationalisation coupled with the previously reported bad debt in the UK of £53,000. The Group was cash generative in the year and the balance sheet remains strong. This information is provided by RNS The company news service from the London Stock Exchange
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