Major New Supply Agreement

28 July 2011 API Group plc (the "Group" or "API") Major New Supply Agreement After the recent trading update issued on 12 July 2011, API is pleased to announce a further positive development at its Laminates business unit, which has secured a significant new supply agreement with a major global consumer goods company. Under the five year agreement, the Group will invest £3-4m in new equipment and capabilities for its Poynton facility, with supplies scheduled to commence from early in API's next financial year (starting April 2012). Additional revenues associated with the investment are expected to be in the range of £15m to £20m per annum, providing a step change in the level and security of earnings in the Laminates segment. For further information, please call: API Group plc Tel: +44 (0)1625 650334 Andrew Turner, Group Chief Executive Chris Smith, Group Finance Director Cairn Financial Advisers LLP Tel: +44 (0)20 7148 7901 Tony Rawlinson / Avi Robinson Numis Corporate Broking Tel: +44 (0)20 7260 1000 James Serjeant This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: API Group PLC via Thomson Reuters ONE [HUG#1534014]
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