Trading Statement

Radstone Technology PLC 15 May 2002 Radstone Technology PLC ("Radstone" or "the Company") Trading update As indicated at the time of the interim results, the Board expected that activity levels in the second half of the year would be significantly higher than those achieved in the first six months of the year. This has indeed been the case and sales achieved in the last quarter were also at a higher margin than originally anticipated. This was due to the rescheduling forward of higher margin products in response to urgent requests from customers. These replaced lower margin orders that could not be shipped for external administrative reasons outside our control and will now fall within the year ending 31 March 2003. Consequently the Board now expects that results for the year ended 31 March 2002 will be significantly ahead of market expectation and better than those achieved last year. Preliminary results for the year ended 31 March will be announced on 12 June 2002. 15 May 2002 This information is provided by RNS The company news service from the London Stock Exchange

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