Trading Statement

Filtronic PLC
14 May 2003



For Immediate Release       14 May 2003


                              FILTRONIC PLC
                             Trading Update

Prior to the end of the current financial year, Professor J D Rhodes, CBE, FRS,
FREng, Executive Chairman of Filtronic plc, issued the following statement on
recent trading:

'In my statement issued on 27 January 2003 I gave a detailed review of trading
outlook. In our largest business, Wireless Infrastructure, sales have declined
as anticipated with continuing low volumes in 3G systems and pricing pressure in
2G and 21/2G systems. Although we have manufactured and supplied a similar
quantity of product as in the first half of the financial year, sales in the
second half are expected to decline by approximately 15% impacting margins.
However, in the second half of the financial year, additional sales in our other
businesses are likely to reduce the overall sales decline to approximately 6%
and the group's operating profit prior to exceptional items, goodwill
amortisation and impairment charges is expected to be similar to that achieved
in the first half.'

Filtronic continues to generate cash, some of which was used to buy back over
$15m of 10% Senior Notes in February and March 2003, and expects to announce its
preliminary results for the year ending 31 May 2003 on Monday 28 July 2003.

Professor J David Rhodes, CBE, FRS, FREng.
Executive Chairman


ENDS


For further information, please contact:

Filtronic plc
Professor JD Rhodes             Mobile: [phone]
J Samuel                        Mobile: [phone]

Binns & Co PR Ltd
Peter Binns                     Tel: [phone]



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