Trading Update and Notice of Results

7(th) May 2010
                                 API Group plc

                      Trading Update and Notice of Results


API Group plc ("API" or the "Group") today provides an update on trading for the
year  ending 31 March 2010 ahead of the  scheduled announcement of its full year
results on 3 June 2010.

After  a difficult first half, the Group's  performance in the second six months
of  the financial year  was ahead of  expectations and the  Board now expects to
report a positive result, at operating profit level, for the year as a whole.

While  market  conditions  remain  uncertain,  Group  sales  for the second half
advanced   by   approximately  10% compared  to  the  previous  six  months  and
profitability in Europe recovered strongly.

Despite higher volumes, limited progress has been made in reducing losses at the
Group's  51%-owned subsidiary in China.  As a  consequence, the Board of API has
commenced  a strategic review of  its investment in China  and expects to take a
non-cash  impairment charge against  fixed assets of  approximately £2.6 million
(net of minority interest) in the Group's year end accounts.

The  Group continues to  operate well within  its main banking covenants. During
April  2010, a new, $7.6 million asset-backed  lending facility was completed in
the US.  Part of the proceeds will be used to pay down higher interest rate debt
in the UK and to re-balance gearing across the Group's global operations.


For further information, please call:
 API Group plc                          Tel: [phone]

 Andrew Turner, Group Chief Executive

 Chris Smith, Group Finance Director



 Grant Thornton Corporate Finance       Tel: [phone]

 Philip Secrett / Colin Aaronson
 Numis Corporate Broking                Tel: [phone]
 James Serjeant

 

[HUG#1412699]