AGM Statement

Filtrona plc 26 April 2006 Filtrona plc AGM Trading Statement Filtrona plc advises that it is to hold its Annual General Meeting later today. At the meeting, Jeff Harris, Chairman, will make the following statement to shareholders. 'In the year to date, the group has delivered a good financial performance in line with the Board's expectations. Underlying sales growth in both Plastic and Fibre Technologies has been in excess of historical growth rates, with additional benefit derived from foreign currency exchange movements. Plastic Technologies has continued to deliver strong growth and the business has performed well across all markets and geographies. FractureCode continues on its successful development path and progress with our launch customer remains encouraging. The product will be launched to the general market in May at the Intergraf security printers' conference. Sustained investment in new products, marketing programmes and productivity improvements continue to drive strong growth in this segment. Fibre Technologies has seen sales momentum increase from that delivered in the second half of 2005 with growth in special filters and bonded non-woven fibres more than offsetting the anticipated decline in the simpler mono acetate filters. However, as expected, profits continue to be held back by the costs required to generate world class levels of quality and productivity at our Monterrey, Mexico facility and to integrate the technology transferred from the Swiss Filters facility into our Jarrow facility in the UK. Filtrona's continued investment both in developing its niche market positions through service, supply chain and new product development and in productivity improvement programmes gives the Board confidence that Filtrona's financial performance will continue to develop satisfactorily and in accordance with the Board's expectations.' Editor's Note: Plastic Technologies produces, sources and distributes protection and finishing products, self-adhesive tear tape and certain security products as well as proprietary and customised plastic extrusions and packaging items for consumer products. Fibre Technologies focuses on the production and supply of special filters for cigarettes and bonded fibre products such as reservoirs and wicks for writing instruments and printers, household products and medical diagnostic devices. Enquiries: Filtrona plc Tel: 01908 359 100 Mark Harper, Chief Executive Steve Dryden, Finance Director Finsbury Tel: 020 7251 3801 Morgan Bone Gordon Simpson This information is provided by RNS The company news service from the London Stock Exchange


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