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Ultraframe PLC (UTF)

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Friday 19 January, 2001

Ultraframe PLC

AGM Statement

Ultraframe PLC
19 January 2001




FOR RELEASE                      2.05PM                     19 JANUARY 2001



                        Ultraframe Plc ('Ultraframe')

Europe's leading specialist designer and manufacturer of conservatory roofing
                                   systems



                 HEALTHY start to the current financial year



Rod Sellers, the Chairman, speaking at the Annual General Meeting at Clitheroe
today, stated:



'We have made a healthy start to the year.  Turnover for the first three
months in the core business was marginally ahead of the very buoyant first
quarter of the previous financial year with a strong performance recorded by
the commercial structures subsidiary, Ultraspan Limited.



The outlook for our core business looks positive with the domestic market for
conservatories predicted by independent market research to grow by over 10%
during calendar year 2001 and by 52.7% over the four years ending December
2004.



Consumers are increasingly recognising the attractions of adding
conservatories to new houses and we expect this sector of our market to
continue to grow.



Ultraspan, our recently expanded commercial systems business, which
specialises in glazed structures, walkways, canopies and retail structures, is
developing rapidly and sales to date are ahead of expectations at £1.5m, over
£1m ahead of the equivalent period last year.  The order book, at £1.7m, is
also at record levels.



Our investment in both the US and European markets continues.  We are now
beginning to see the first fruits of this investment on both continents and
expect to see positive developments during the rest of the year.



I believe that we can look forward to another year of good growth.'


Ultraframe PLC

David Moore (Chief Executive)           01200 443 311

James Henry (Finance Director)          01200 443 311

Binns & Co Public Relations Ltd         020 7786 9600

Brian Coleman-Smith / Amanda Sheehy



Background Note



In the year to 29 September 2000 turnover increased by 18.2% to £81.67m (1999:
£69.12m), profit before tax improved by 23.5% to £27.51m (1999: £22.27m).
Earnings per share at 21p show a 28.0% increase over the 16.4p earned in 1999.



Ultraframe PLC, which is listed on the London Stock Exchange (UTF), is
Europe's leading specialist designer and manufacturer of conservatory roofing
systems.  Based in Lancashire, United Kingdom, Ultraframe has developed a wide
range of innovative and patented components for conservatory applications,
from residential to commercial and large span enclosures such as leisure
facilities, atriums and restaurant extensions.  Ultraframe's systems are
widely recognised by European construction authorities and have received the
highest accreditation from the British Board of Agrement (BBA) and the British
Standards Institute (BSI).



Ultraframe PLC has a 50:50 joint venture with Royal Group Technologies Limited
to jointly manufacture and market conservatory and sunroom systems in Canada,
the United States and Mexico.  The joint venture's systems involve a
combination of Ultraframe's patented roofing systems to construct affordable,
attractive and maintenance-free additions to a wide range of residential and
commercial buildings.



On 1 September 2000, Ultraframe expanded its commercial glazed structures
business by the acquisition of two companies, Robinson Design & Build Limited
and Collis Structural Design Limited, which have been combined within a new
subsidiary, Ultraspan Limited from 1 October 2000.