Handset Division Update

Filtronic PLC
14 December 2004



                                   FILTRONIC PLC

                  TRADING UPDATE ON HANDSET PRODUCTS DIVISION



Further to the Chairman's statement made at the AGM of Filtronic PLC (the '
Company') on 24 September 2004 regarding a review of options for the Handset
Products division, including the possibility of an IPO, the Company announces
that the management of its Handset Products division is holding a briefing to
selected analysts today.  At this meeting, details on the historical performance
of the business will be disclosed together with some guidance on the future
outlook.  Specifically:


Year ended 31 December                              2004*          2003

Number of antennas sold                          c. 102 M        117.5 M

Revenue                                          c. 75 €M        87.4 €M

Operating profit                                 c. 10 €M        26.2 €M

EBITDA                                           c. 15 €M        34.8 €M


*Management forecast


The above numbers are unaudited and have been compiled by the management of the
Handset Products business in accordance with Finnish GAAP.



Operating margin in 2004 is expected to fall as the proportion of customers
ordering integrated antenna modules has increased.



Outlook



The management of the Handset Products division are today providing the
following guidance on the 2005 calendar year performance of the division:



  • Management aim to grow revenue from 2004 to 2005 by c 20% based on
    currently identified projects with specific customers
  • Average selling price is expected to continue to fall although management
    expect that this is likely to be offset by improvements in efficiency



Long term revenue growth is expected to be driven from the continuing expansion
of the cellular antennas business together with sales of non-cellular antennas
and mechanical components.



END



For further information contact:


Filtronic plc
Professor David Rhodes                               Tel: [phone]
                                                     Mob: [phone]
John Roulston                                        Tel: [phone]
                                                     Mob: [phone]
Binns & Co PR Ltd

Peter Binns                                          Tel: [phone]
                                                     Mob: [phone]
Paul McManus                                         Tel: [phone]
                                                     Mob: [phone]




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