Bond Buy-Back

Filtronic PLC
03 March 2003

3 March 2003

                                   FILTRONIC PLC
                        BUYS IN $6.5M OF ITS 10% SENIOR NOTES
                            AT A DISCOUNT TO PAR VALUE


Filtronic plc ('Filtronic'), a leading global designer and manufacturer of
customised microwave electronic subsystems, announces that it has bought in
$6.5m of its 10% Senior Notes due 1 December 2005 at a discount to par value.
These Notes will be cancelled leaving $103.6m of the Notes outstanding.
Filtronic has now bought in and cancelled a total of $66.4m of the Notes, since
4 February 2002.

                           
ENDS

For further information, please contact:

Filtronic plc - 01274 530622
Professor David Rhodes            Executive Chairman & CEO
John Samuel                       Finance Director


Binns & Co PR Ltd - 020 7786 9600
Peter Binns/Paul McManus

Filtronic website: www.filtronic.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange