Result of Rights Issue

FILTRONIC PLC 14 OCTOBER 1999 Filtronic plc ('Filtronic') Result of Rights Issue The Board of Filtronic is pleased to announce that, by 3.00 p.m. on 13 October 1999, the latest time for acceptances under the Rights Issue, valid acceptances had been received in respect of 9,911,337 new Ordinary Shares, representing approximately 98.66 per cent. of the new Ordinary Shares offered by way of rights at 730p per share. Subscribers have today been procured for the 135,004 new Ordinary Shares for which valid acceptances were not received, at a price of 1075p per share. This represents a premium of 345p per share over the Rights Issue Price of 730p. The net proceeds, after deduction of the Rights Issue Price and the expenses of procuring subscribers, will be paid pro rata by cheque to the provisional allottees originally entitled thereto, except that individual entitlements of less than £3.00 will not be paid but will be aggregated and retained for the benefit of Filtronic. Sub-underwriters will not be required to subscribe for any shares. It is expected that definitive certificates in respect of the new Ordinary Shares will be despatched to Shareholders and, where applicable, CREST accounts will be credited, by 27 October 1999. 14 October 1999 Enquiries Filtronic plc Chris Schofield 01274 530622 WestLB Panmure Limited Tim Linacre 0171 638 4010

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Filtronic (FTC)
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