Trading Statement

Intertek Testing Services PLC 12 December 2002 INTERTEK TESTING SERVICES plc PRE CLOSE TRADING STATEMENT Intertek Testing Services plc ('Intertek'), the global inspection, testing and certification company, today reports positively on trading ahead of entering the close period for the financial year to 31 December 2002. The preliminary results will be announced on Monday 10 March 2003. At constant exchange rates, the results for the second half are showing that Intertek is continuing to grow its profits partly because of the growth drivers in its business and partly due to the control of the cost base. The impact of the weakened US dollar on the results is reducing the growth at actual exchange rates for the year. Despite this, based on current trading, management expects operating profit to be within the range of market forecasts and turnover to be at the low end of these forecasts. Labtest's turnover and profits continue to benefit from the migration of manufacturing of consumer goods from developed countries to Asia and the demand for quality. In ETL SEMKO, the level of safety testing and certification of electronic and electrical products, building products and air conditioning equipment continues to grow, especially in Asia. As we had anticipated, telecommunications testing volumes in the USA and Europe have not yet recovered from the downturn that started in mid 2001. Caleb Brett oil cargo inspection is operating in a tough market due to low volumes of oil movements during the year. New work in outsourcing continues to be gained - an oil condition monitoring programme was recently won in Rotterdam. FTS is continuing to perform well. The new Kuwait contract announced recently will commence early next year. Intertek management will be holding discussions with analysts following this announcement to explain these trends. Notes to Editors Intertek is a leading international testing, inspection and certification organisation which assesses customers' products and commodities against a wide range of safety, regulatory, quality and performance standards and, in some cases, certifies the management systems of customers. Intertek has over 250 laboratories with more than 10,000 people around the world and is increasingly undertaking outsourced testing work for its customers. For further enquiries, please contact Aston Swift, Group Treasurer & Investor Relations 020 7396 3400 Katie MacDonald-Smith, Tulchan Communications 020 7353 4200 For further information, visit our web site at www.itsglobal.com END This information is provided by RNS The company news service from the London Stock Exchange
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