Land Sale and Trading Update

Carclo plc 30 September 2004 30 September 2004 Carclo plc Land Sale and Pre-Close Trading Update Carclo plc ('Carclo') announces that it has exchanged binding missives on the sale of surplus industrial land of approximately three acres adjacent to its Bruntons Aero facility at Musselburgh near Edinburgh. The land has been sold for £1.25 million in cash, bringing the total proceeds from surplus properties to £1.5 million so far this financial year. The proceeds from the disposal of the site, which was sold to Uraich Limited, will be used to reduce group indebtedness. The site had a nil book value and so the entire sales proceeds, less associated costs, have been booked as exceptional profit. Carclo has continued to make steady progress and results for the first half to 30 September are anticipated to be broadly in line with the Board's expectations. Carclo will be announcing interim results on 6 December 2004. - Ends - Enquiries: Carclo plc 01924 330500 Ian Williamson, Chief Executive Weber Shandwick Square Mile 020 7067 0700 Richard Hews / Susanne Walker Notes to Editors • Carclo plc is a global supplier of technical plastic components and specialist wire products. It is a public company whose shares are quoted on the London Stock Exchange. • 81% of sales are derived from the supply of fine tolerance, injection moulded plastic components, which are used in medical, automotive, telecom and electronics products. This business, Carclo Technical Plastics, operates internationally in a fast growing and dynamic market underpinned by rapid technological development. • The Specialist Wire division manufactures card clothing, a specialised engineered product used by the textile fibre processing industry world wide, precision aerospace products and band saws. • Carclo's strategy is to grow rapidly in low cost manufacturing regions and to develop new technologies and products to underpin future growth. This information is provided by RNS The company news service from the London Stock Exchange

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Carclo (CAR)
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