Trading Statement

Carclo plc
31 March 2003


                                                31 March 2003

                          Carclo plc
                        Trading Update

The  Board of Carclo plc ('Carclo' or the 'Group') is  pleased
to  announce an update on trading, financing and the  proposed
disposal of surplus property.

Our  specialist  wire businesses continue to show  encouraging
progress  and  are  performing in line with our  expectations.
The  automotive  businesses have experienced reduced  customer
schedules but trading is proving resilient.

Technical plastics has seen slower than expected demand in the
USA  and UK principally from customers serving electronics and
office equipment markets. We have responded to this slow  down
with a further reduction in UK capacity which has resulted  in
increased  operating exceptional costs in the  year.   We  are
seeing  a  continuing strong flow of new  contracts  in  Czech
Republic,  China  and in specialised markets such  as  medical
diagnostic equipment.

Progress  on  reducing the Group's debt position is  ahead  of
plan.  We  have taken the opportunity to repay the outstanding
balance of £11.7m in respect of the US Private Placement  loan
notes  at  par  and  have  agreed new  medium  term  financing
facilities with our three principal bankers with less  onerous
covenants. The repayment of the US Private Placement notes and
the  associated  refinancing will  result  in  an  exceptional
profit of approx £1.0m.

As  part  of  the  debt reduction initiatives,  the  Board  is
pleased  to  announce  that  on 28  March  2003  it  exchanged
contracts  for  the sale of surplus property in  Huddersfield.
This property is currently vacant and was formerly occupied by
Joseph  Sykes,  a  business sold by Carclo in September  2001.
Calderdale and Huddersfield National Health Service Trust  has
agreed  to buy the site for £6.4m, giving a profit on disposal
(before costs) of approximately £2.5m. Despite the transaction
only  being a small percentage of the Group's asset  base  and
the  property  being  non-core  to  Carclo's  operations,  the
transaction is likely to require shareholder approval. In this
case,   a  circular  seeking  shareholder  approval  will   be
distributed as soon as practicable.


Enquiries:

Carclo plc
Ian Williamson, Chief Executive                   01924 330500
Chris Mawe, Finance Director

Weber Shandwick Square Mile
Richard Hews / Susanne Walker                    020 7067 0700




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