Result of AGM

Coral Products PLC 22 September 2000 CORAL PRODUCTS PLC Annual General Meeting At the Annual General Meeting of Coral Products Plc, ('Coral' or 'the Company'), one of Europe's leading manufacturers and suppliers of media packaging for Digital Versatile Disc (DVD), Video and CD, all resolutions put to shareholders were duly passed, including the authority for the Company to buy back up to 14.99 per cent of its existing issued Ordinary Share Capital. Following completion of the formal business of the meeting, Chairman, Sir David Rowe-Ham made the following comments to shareholders: 'As I stated in July, the new financial year has started well and we continue to see good demand for our media packaging products. Expansion of our production facilities continues with new equipment being installed on a regular basis to further increase production. The weakness of the Euro continues to impact on our export business although strong demand in the UK has replaced lost export sales. 'Continuing increases in the price of oil are still putting upward pressure on raw material costs and trading conditions as such remain testing. Margins, however, have been protected where possible from large fluctuations in raw material prices by agreements with major clients linking product-selling prices to raw material costs.' Enquiries: - Warren Ferster, Managing Director David Shalom, Finance Director Coral Products plc 01942 272 882 Paul Vann, Director Binns & Co 020 7786 9600
UK 100