Chairman's AGM Statement

CARCLO ENGINEERING GROUP PLC 2 September 1999 CHAIRMAN'S AGM STATEMENT The following statement was made to shareholders at the company's Annual General Meeting today: 'Trading in the first few months has been in line with our expectations and CTP Carrera acquired in April of this year, has benefited from strong and sustained demand in the USA. Forward indicators across the Group remain encouraging and we are confident that the Group is returning to growth and will show progress in its results for the full year.' For further information please contact: Carclo Engineering Group PLC Ian Williamson, Chief Executive 0114 256 2162 Ludgate Communications Richard Hews 0171 253 2252 Leone Lewis

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Carclo (CAR)
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