Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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GKN PLC (GKN)

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Thursday 16 June, 2011

GKN PLC

Trading Statement


NEWS RELEASE

GKN plc

16 June 2011

Explosion at Hoeganaes facility, Gallatin, USA

On Friday 27 May 2011, there was an explosion at the GKN Hoeganaes Corporation
plant in Gallatin, Tennessee, USA. Gallatin produces atomized metal powders for
use in manufacturing sintered metal products and has revenues of around $250
million per year from sales to sinter metals customers.

Five employees were hurt in the incident, two of whom have sadly died of their
injuries and a third remains in a critical condition. Two employees were
slightly injured and were released from hospital the same day. The Company is
providing the families with every means of comfort and support at this
difficult time.

GKN has implemented a full plant safety review, supported by two independent
organisations, to ensure that it fully understands the cause of the incident
and implements appropriate measures to prevent a recurrence. We are also
co-operating with the relevant authorities (US Chemical Safety Board and
Tennessee OSHA) to establish the cause and, although investigations continue,
initial indications suggest a hydrogen gas leak.

Production at the Gallatin facility has been suspended since the incident on 27
May 2011. It is expected that limited production will recommence next week,
with the plant being brought back to full production over the next several
weeks as the safety review and any remedial works from the incident are
completed.

In the meantime, to ensure continuity of supply, customer orders are being met
from a combination of powder inventory and shipping of product from the
Company's other operations as well as product sourced from other metal powder
producers. We are working closely with customers to ensure as little disruption
as possible to their operations until activities at Gallatin return to normal.
We are grateful for the support we have received from Hoeganaes of Sweden and
QMP (Rio Tinto) and for the excellent co-operation of our customers as we work
through this difficult period.

In total, the additional costs of shipping, purchasing and plant closure and
remedial works costs are expected to lead to an exceptional one-off charge to
profits spread over June and July, of around £30 million prior to any potential
recovery from insurance claims. The Company carries business interruption
insurance and is in discussion with its insurance brokers about potential
claims, the first £10 million of which would be self insured through its
captive insurance arrangements.

Trading in the rest of the Group continues to be in line with expectations
expressed in the Interim Management Statement released on 11 April 2011.

The Group intends to issue its half year results announcement on 3 August 2011.

For further information:

Guy Stainer

Director, Investor Relations and External Communications

GKN plc

T: +44 (0)207 463 2382

M: +44 (0)7739 778 187

E: guy.stainer@gkn.com

Andrew Lorenz

Financial Dynamics

T: +44 (0)20 7269 7113

M: +44 (0)7775 641 807

Cautionary Statement

This announcement contains forward looking statements which are made in good
faith based on the information available to the time of its approval. It is
believed that the expectations reflected in these statements are reasonable but
they may be affected by a number of risks and uncertainties that are inherent
in any forward looking statementwhich could cause actual results to differ
materially from those currently anticipated.

Notes to Editors

GKN plc is a global engineering business serving the automotive, aerospace and
land systems markets. It has operations in more than 30 countries, around
40,000 employees in subsidiaries and joint ventures and had sales of £5.4
billion in the year ended 31 December 2010. GKN plc is listed on the London
Stock Exchange (LSE: GKN).