Trading Statement

Roxboro Group PLC
15 November 2001


       
Date:          For immediate release, Thursday 15 November 2001

Contacts:      Harry Tee - Group Chief Executive
               Alf Vaisey - Group Finance Director
               The Roxboro Group PLC
               Tel:                             01223 424626

               Alistair Mackinnon-Musson
               Philip Dennis
               Hudson Sandler
               Tel:                             020 7796 4133
               Email:                           [e-mail]



                            THE ROXBORO GROUP PLC

                                TRADING UPDATE


When we announced our interim results on 11 September, we referred to our
sales in the second half being constrained by weak sales of our
opto-electronic products into the telecommunications sector.  The unfortunate
and tragic events which occurred later in that day have added further to these
difficulties and, in addition, have brought new pressure to the civil aviation
sector.  This will result in a weaker second half result at Roxboro than had
been expected.

It should be noted, however, that while uncertainty exists and there is a
cautious outlook in the near term, all Roxboro's businesses continue to trade
profitably and generate cash.  Although, as a result of these pressures, we
expect to fall below current market expectations, the Board anticipates that
profits for the full year will be around £15m before tax and goodwill
amortisation and will recommend that the dividend for the year to end December
2001 be increased in line with the interim dividend.

Although Weston will feel the effects of the downturn in the civil aviation
sector, the company's position on other programmes, including some defence and
power generation projects, has not been impacted and new opportunities exist
in the medium to longer term.  Nevertheless, Weston is being re-structured to
right-size the company to match revised production rates in 2002.

Some projects have been delayed at Solartron and Dialight's sales into the
telecommunications sector continue to be weak but with customers forecasting
an improved market in the second half of next year and, with the Signals
Division predicted to continue its strong growth through next year, the Board
is confident of a better year in 2002.


Harry Tee, Group Chief Executive, said


'Times are tough but we have three strong businesses, a strong balance sheet
and good cash flows.  The opportunity we have in electronic lighting is
substantial, with sales virtually doubling this year and we will not allow
short-term difficulties elsewhere to slow our ambitions in this area.'


                                   - end -

Note to Editors:


The Roxboro Group is focused on delivering technology solutions in two
distinct areas - Electronic Measurement and Electronic Lighting - and
comprises three distinct business groups.

Weston provides measurement products to the aerospace and power generation
industries.

Solartron provides measurement products and systems to the process and energy
sectors.

Dialight Opto-Electronics Division provides value-added LED devices to the
telecommunications and electronics industry, while its Signals Division
provides LED-based lighting products to the transportation sector.