Compound Semiconductor update

Filtronic PLC 25 June 2007 Filtronic plc Compound Semiconductor update Filtronic is providing the following statement for its Compound Semiconductor business. As reported in January 2007, the switch production capacity of the Compound Semiconductor business was aligned with the projected requirements of our concentrated customer base. Our predominant customer has now advised us that its requirement for switches from Filtronic will cease in September because of their decision to in-source all production. This will result in a substantial reduction in the level of activity for our business. The board has therefore decided to reduce the size of the Compound Semiconductor business accordingly. Consultations will start with affected staff over proposed job losses involving approximately 115 people. The board is considering a full range of possibilities for the ongoing operation, including sale. The board reaffirms its objective of running the Compound Semiconductor business on at least a cash neutral basis. Contacts: Filtronic plc John Poulter, Chairman 01274 415 325 Charles Hindson, Chief Executive 07800 706 319 (mobile) Filtronic website: www.filtronic.com Parkgreen Communications Ltd 020 7479 7933 Paul McManus 07980 541 893 (mobile) ENDS This information is provided by RNS The company news service from the London Stock Exchange

Companies

Filtronic (FTC)
UK 100

Latest directors dealings