Pre Close Trading Update

8 April 2011

                                 API Group plc

                            Pre Close Trading Update

API Group plc ("API" or the "Group") is pleased to issue the following update on
trading  for  the  financial  year  ending  31 March 2011 (the "Period"), before
entering  the close period ahead of its results announcement due on or around 9
June 2011.

The  Group expects trading results from  continuing operations for the Period to
be  ahead of  market expectations  due primarily  to a stronger than anticipated
second  half  performance  from  the  Laminates  division.  Results in the Foils
businesses have been in line with expectations, with margins under pressure from
increasing  raw material costs  and the lag  in passing these  through in higher
selling prices, partly offset by increased holographics volumes.

Cash  flow for the  Period has been  strong and the  Group expects to report net
debt for the year end of below £10.0m (2010: £18.5m).

As  the  Group  enters  the  new  financial  year, the high level of activity in
Laminates  is being sustained  whilst the outlook  in Foils is  improving as raw
material  costs stabilise and margins start to recover as a result of the action
already taken on pricing.


For further information, please contact:

 API Group plc                          Tel: [phone]

 Andrew Turner, Group Chief Executive

 Chris Smith, Group Finance Director





 Cairn Financial Advisers LLP           Tel: [phone]

 Tony Rawlinson / Avi Robinson

 Numis Corporate Broking                Tel: [phone]
 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#1504439]