AGM Statement

TT Group PLC 11 May 2000 TT GROUP PLC Annual General Meeting At the Annual General Meeting of the Company held today, John Newman, Chairman, made the following comments: ' Last year's trading was disappointing but the Group is pleased to inform shareholders that trading in the first four months of the year has improved.' ' The disposal programme which the Group announced in March is proceeding and TT Group will now focus on its electrical and electronic components businesses in the future. BI Technologies, which TT Group acquired in January, has strengthened the Group's presence in electronic components and is performing ahead of expectations.' ' The Board believes that these strategic moves will result in consistent growth for the long term. Enquiries: TT Group PLC Tel: 01932 856647 John W Newman, Executive Chairman College Hill Tel: 0207 457 2020 James Henderson
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