Trading Statement

Kingspan Group PLC
12 July 2005


FOR IMMEDIATE RELEASE                                               12 July 2005


                               Kingspan Group plc
                               Trading Statement

Kingspan Group plc ('Kingspan' or 'the Group'), a major manufacturer of an
integrated range of products for the construction industry, today issues the
following trading statement for the six months ended 30th June 2005, in advance
of its Interim Results for this period which will be  announced 6th September
2005.

The Group as a whole is performing well ahead of the first six months of 2004,
in construction markets that have been generally stable.  Revenue growth has
continued to be strong during the first half of the current year,
notwithstanding a slower than expected start to the year in Central & Eastern
Europe. The recent acquisitions are trading in line with expectations. The
improving trend in EBITA margin has continued.

Looking ahead Kingspan anticipates continued progress in its main product
groups, with building activity consistent with that experienced to date.  Raw
material prices are also likely to be more stable than in the recent past.
Results for the year to 31 December 2005 are expected to be ahead of current
market expectations.

Gene Murtagh, Kingspan CEO, commented 'The combination of good underlying growth
coupled with the contribution from acquisitions provides a strong platform for
continued good growth.'

IFRS Update

Kingspan Group plc has today published an analysis of the main impact of
International Financial Reporting Standards (IFRS) on its results for 2004,
together with a detailed reconciliation from UK Generally Accepted Accounting
Principles (UK GAAP) to IFRS.  This report has been issued via Regulatory News
Service and is also available from the Kingspan website - www.kingspan.com.

An analyst's call will be held at 8.30am GMT on 12 July to discuss the update.
Please contact Phil Scott on [phone] ([e-mail]) for dial up
details. A recording of this conference call will be available from 10.30am GMT
on 12 July 2005 for 1 week. To access this recording please dial: [phone]
(Ireland) or [phone] (UK). The code for the replay is 5589741#

For further information contact:

Murray Consultants                                                [phone]
Donnchadh O'Neill                                               [phone]

Buchanan Communications                                     [phone]
Tim Thompson/Jeremy Garcia


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