Senior Notes Redemption

Filtronic PLC
29 October 2003

                              NOTICE OF REDEMPTION



                                 Filtronic plc

         Redemption of $16.033 million of its 10% Senior Notes due 2005



Filtronic plc (the 'Company') hereby announces that it intends to redeem $16.033
million of its outstanding 10% Senior Notes due 2005 (the 'Notes') on December
1, 2003 (the 'Redemption Date'), pursuant to Section 12.1 of the Notes'
indenture, dated as of December 21, 1998 among the Company, the Guarantors party
thereto and The Bank of New York, as Trustee (the 'Indenture'). The redemption
shall be made on a pro rata basis or on as nearly a pro rata basis as
practicable (subject to the applicable procedures of DTC, Euroclear and
Clearstream). The Notes shall be redeemed only in integral multiples of $1,000.



The Notes are registered under the U.S. Securities Act of 1933, as amended,
pursuant to a registration statement declared effective on September 29, 1999,
and are listed on the Luxembourg Stock Exchange.



$16,033,000 initial aggregate principal amount of Notes shall be redeemed at a
price equal to 102.5% of the principal amount of such Notes, in each case plus
any additional amounts in respect of withholding taxes, to the extent
applicable, and accrued and unpaid interest thereon, if any, to the Redemption
Date (the 'Redemption Price').






                              Aggregate                                                      Aggregate
                           Principal Amount                                                  Principal
                             Outstanding/                                                   Amount Outstanding /
                           Principal Amount                                                 Principal Amount
                          at Maturity Prior                                                 at Maturity
                            to Redemption                                                   Following
                                                                                            Redemption
                                                                                                 
                                                              Amount to be
                                                                Redeemed
 CUSIP/ISIN/Common Code                         Security                       Redemption
           No.                                 Description                        Price


CUSIP 317325AC2           $90,033,000        10% Senior      $16,033,000     $1,025 per         $74,000,000
                                             Notes due 2005                  $1,000 initial
ISIN US317325AC28                                                            principal
                                                                             amount plus any
Common Code 009490108                                                        additional
                                                                             amounts in
                                                                             respect of
                                                                             withholding
                                                                             taxes and
                                                                             unpaid interest

Collection of the Redemption Price is conditioned upon surrender of the Notes to
The Bank of New York in its capacity as paying agent (the 'Paying Agent') at One
Canada Square, London E14 5AL, United Kingdom, at least one business day prior
to the Redemption Date. On the Redemption Date, the Redemption Price will become
due and payable upon each Note redeemed. Unless the Company defaults in paying
the Redemption Price to holders of Notes called for redemption, interest on such
Notes shall cease to accrue on and after the Redemption Date. Thereupon, the
only remaining right of holders of Notes called for redemption shall be the
receipt of the Redemption Price plus accrued interest up to the Redemption Date.



Upon surrender of the Notes, as provided in the Indenture and after the
Redemption Date, the aggregate principal amount of the Notes will be
$74,000,000.



Upon the redemption, the Paying Agent shall endorse the Schedule to the global
note surrendered for redemption to reflect the decrease in principal or accreted
amount, as the case may be, resulting from such redemption.



ENDS



For further information, please contact:



Filtronic plc - 01274 530622
Professor David Rhodes, Executive Chairman & CEO


Binns & Co PR Ltd - 020 7786 9600

Peter Binns/Paul McManus



Filtronic website: www.filtronic.com


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