Pre Close Trading Update

TT electronics PLC 29 June 2007 TT electronics plc Pre Close Trading Update TT electronics plc announces that, in line with its stated policy of rationalising non-core activities, it has conducted a review of its AEI Cables Limited operation at Birtley in the North of England and has decided to exit from this currently loss-making business. Negotiations to sell the entire cables business are currently underway. In its 2006 audited accounts AEI Cables Limited reported revenues of £61.6 million and profit before tax and exceptional items of £0.08 million with net assets of £32.8 million. The sale of the business can be expected to be at a material discount to its net asset value and figures attributable to the business will be reported as a discontinued operation in the forthcoming interim results. TT electronics reported at its May AGM that its main markets were performing at levels similar to last year. This remains the case and it is anticipated that the interim results of continuing operations will be in line with market expectations. These results will be announced on 10 September 2007. For further information please contact: TT electronics plc Neil Rodgers, Chief Executive: Tel: 01932 841 310 Biddicks Zoe Biddick: Tel: 020 7448 1000 This information is provided by RNS The company news service from the London Stock Exchange
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