Trading Statement

Intertek Group PLC 11 May 2007 11 May 2007, 7:00am (UK), London Intertek AGM Statement on Trading Intertek Group plc holds its AGM at 11am today. Vanni Treves, Chairman, will make the following statement regarding 2007 trading and Board changes. 'Global trade and other trends that drive our business remain robust and trading in the current year has started well and in line with expectations. However, the weakness in the US dollar against sterling will mean that growth in reported revenue and profit will be lower than the growth shown at constant exchange rates. 'Approximately 80% of the Group's earnings are in US dollar and US dollar-related currencies and the reporting rate of the US dollar is currently about 12% weaker against sterling than this time last year. 'As outlined in the 2006 preliminary results announcement in March, the group continues to invest in and develop the business organically and through selective acquisitions. The three main divisions accounting for over 90% of the group by revenue are continuing their good performance on an organic and constant currency basis. So far this year, we have invested £40 million in three acquisitions, the largest of which was Genalysis, the Australian-based minerals laboratory analysis company, acquired in April for £23.3 million. These acquisitions will accelerate our growth in 2007. 'As previously announced, Raymond Kong has retired as a non executive director from the Board with effect from today. As one of the two founders of the Consumer Goods division over thirty years ago, he has played an extremely important role in the growth and development of the Company, particularly in Asia. He was Chief Executive of the Consumer Goods division until July 2006 and became a director of the Company in May 2004. 'I would like to express my deep gratitude to him, on behalf of all his fellow directors, employees and customers, for his outstanding contribution to Intertek. We wish him a happy and healthy retirement.' For further information, please contact Contacts Aston Swift, Intertek Telephone: +44 (0) 20 7396 3400 Aston.swift@intertek.com Richard Mountain Financial Dynamics Telephone: +44 (0) 20 7831 3113 Richard.mountain@fd.com About Intertek Intertek is a leading international provider of quality and safety services to a wide range of global and local industries. Partnership with Intertek brings increased value to customers' products and processes, ultimately supporting their success in the global market place. Intertek has the experience, expertise, resources and global reach to support its customers through their network of more than 930 laboratories and offices, 18,000 people in 109 countries around the world. For further information, visit www.intertek.com This information is provided by RNS The company news service from the London Stock Exchange
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