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Armour Group PLC (AMR)

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Tuesday 09 March, 2004

Armour Group PLC

Re Contract

Armour Group PLC
09 March 2004

                             ARMOUR GROUP PLC SIGNS
                              CONTRACT WITH BMW AG

Armour Group plc's ('Armour') subsidiary Autoleads Limited, part of Armour's
Auto Electronics Division, has signed an agreement with Bayerische Motoren Werke
Aktiengesellschaft ('BMW AG') to supply the in-car multimedia system for a new
BMW model. This innovative solution, which will be a dealer fitted option, is
unique to BMW and was designed by Armour's VEBA development team working in
conjunction with BMW Group. The new systems will be assembled at the Autoleads
production facilities in Hampshire and supplied direct to BMW Group in Munich
for distribution through their worldwide dealer network. The value of the
initial order received from BMW Group is in excess of US$850,000 and the first
deliveries are scheduled for later this year.

George Dexter, Armour's Chief Executive, commented:

'This is a significant contract win for the Group and another important step
forward in the development of the Group's VEBA in-car multimedia brand. In the
past month the Group, through the VEBA brand, has secured two of its largest
ever orders confirming our position as one of the market leaders in Europe in
the fast developing in-car AV market.'

Further details:

George Dexter,     Armour Group plc         Tel: 01892 502 700
John Harris
Trevor Bass        WSSM                     Tel: 020 7067 0743

                      This information is provided by RNS
            The company news service from the London Stock Exchange