AGM Statement

Pittards PLC
07 May 2008

                                  Pittards plc



                        Statement to be made at the AGM

                              Wednesday 7 May 2008





Before embarking upon the formal business of this annual meeting, I would like
to give shareholders an update on how the Company is performing in the current
year.



In my statement in the 2007 Annual Report and Accounts, I commented that in
light of the continued uncertainty about the US dollar and the global economic
climate we remained cautious in the short term.



The dollar has come back in our favour since the low point of $2.10 in November
last year but still not to the level we would like to be clearly profitable, and
the current forecasts are that whilst it will continue to strengthen later in
2008 this may be more slowly than we expected when we prepared our 2008 Business
Plan.



We have continued with our strategy to reduce our UK cost base and products
transferred to Ethiopia are progressing well.  The redundancy programme we
announced in December last year is now virtually completed and the current
workforce is now c.180 in Yeovil as planned.



This has enabled us to reduce losses substantially from the level at the end of
2007 and enabled us to continue to pursue our strategic plans.



Stephen Boyd

Chairman





For further information, please contact:
Reg Hankey, Chief Executive            Pittards plc                        Tel: [phone]
Jill Williams, Finance Director        Pittards plc                        Tel: [phone]
John Wakefield                         Blue Oar Securities Plc             Tel: [phone]




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