Statement re Patent Dispute

NMT Group PLC 30 April 2004 NMT Group PLC OUTSTANDING PATENT INFRINGEMENT LITIGATION IN US RESOLVED The NMT Group PLC is pleased to announce that it has settled its patent dispute with Retractable Technologies Inc. Commenting on the announcement, Tony Fletcher, Chairman of NMT, said:- 'Whilst we have always been convinced of the strength of our case and were fully prepared to take the matter all the way to a final hearing, settlement at this stage, on acceptable terms and for a sum which is less than the expected legal costs if the case had been appealed by the plaintiff, is clearly in NMT's interest. Given that the case was being heard in a Texas court, we believed this settlement removes the chance of an adverse judgement, with associated unknown penalties and enables the Group to concentrate on its future opportunities rather than apply resources to protect a product range which has been discontinued.' The settlement comprised of a payment of US$1million and admission of non-wilful infringement of RTI patents. Enquiries: Gerard W Cassels, Group Finance Director Tel: 01506-445-004 30 April, 2004 This information is provided by RNS The company news service from the London Stock Exchange
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