Bond Buy-Back

Filtronic PLC
14 February 2003


14 February 2003


                                 FILTRONIC PLC
                    BUYS IN $9.1M 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
$9.1m of its 10% Senior Notes due 1 December 2005 at a discount to par value.
These Notes will be cancelled leaving $110.1m of the Notes outstanding.
Filtronic has now bought in and cancelled a total of $59.9m of the Notes, since
4 February 2002. Filtronic is not using any of its £31m bank overdraft facility.


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