Trading Statement

Kingspan Group PLC
18 December 2007



Kingspan Group Plc
TRADING UPDATE


18th December 2007


Kingspan Group plc, the leading manufacturer of a range of sustainable products
for the construction industry, is pleased to announce that trading for the first
11 months of the year has shown strong growth over the same period in 2006. For
the full year 2007, the Group anticipates growth in operating profits of
approximately 22% over the €194mn achieved in 2006.

Overall, Insulated Panels continued to perform well in the second half, with non
residential activity levels remaining high in all markets, although momentum has
tempered slightly towards the close of the year. UK, Ireland and Central Europe
have all performed well ahead of prior year, whilst Canada and Australia both
made good progress.

Momentum in Insulation Boards has increased in the second half of the year in
the UK and Mainland Europe, whilst in Ireland it is only slightly down in the
second half after a very robust first half. Trading in the Offsite and the
Environmental & Renewables businesses remained difficult in the second half,
owing largely to a slower residential market in Ireland and warranty related
costs in fuel storage products. The Offsite business in the UK however, has
progressed well throughout the year with like for like order intake up
significantly.

Access Floors is performing at record levels of profitability in both North
America and Europe and this pattern seems set to continue at least into the
first half of 2008.

Capital expenditure for the year as a whole will be around €150mn which is a
large part of a two year programme to considerably increase capacity around the
Group. During the year a new Phenolic Insulation line in Ireland and a new
Insulated Panel line in Turkey were commissioned and a start has been made on
six other major projects throughout the business, which will be commissioned
over the course of 2008 and early 2009. Net debt for year end 2007 is expected
to be in the order of €250mn.

Heading into 2008, the construction environment in the UK, Ireland and Western
Europe is more challenging than in recent times, whilst Central Europe
generally, and the North American non-residential sector continue to perform
well. The Group's order bank and project pipe-line would indicate that phasing
of activity will vary from that of the current year owing, in the main, to an
uncharacteristically strong start to 2007, a pattern not envisaged to be
repeated in the year ahead. Present market conditions leave it difficult to
guide for the coming year. However, the international momentum on climate
change combined with the Group's proven model of continued conversion from
traditional towards low energy construction solutions should lead to a year of
mid-single digit growth in earnings at Kingspan.

Kingspan's preliminary results for the year ending 31st December 2007 will be
issued on March 3rd 2008.



For further information contact:
Murray Consultants                                        [phone]
James Dunny
Buchanan Communications                                   [phone]
Tim Thompson/Jeremy Garcia






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