Trading Statement

Roxboro Group PLC 1 July 2002 Date: Immediate, Monday 1 July 2002 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: roxboro@hspr.co.uk The Roxboro Group PLC Trading Update Inline with the continuing trends in the industry as a whole, sales at Dialight's Opto-electronics division continue to improve gradually. Industry stock levels are clearly diminishing, however, there is now no expectation of an improvement in end-user demand until next year. As such, Dialight's Opto-electronics division expects the improvement to continue but more slowly than had been expected. The Signals Division continued to increase investment in product development for rail, road and airport signals and lighting. Recent contract awards for LED traffic lights in Las Vegas, New Jersey and elsewhere together with other anticipated new business will result in an improved performance in the second half. The Garufo acquisition is performing to expectations. The Group's other main divisions, Solartron and Weston, continue to perform as expected. Harry Tee, Group Chief Executive, said: The telecoms industry is not yet emerging from the downturn. Dialight's sales into the sector are improving but slower than had been anticipated. We continue to invest in new products in the Signals Division, which has recently gained a number of new contract wins. Garufo which was acquired early in the year is making good progress, with the LED traffic light market in Europe beginning to grow steadily. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange

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