Interim Management Statement

Norcros PLC
12 February 2008

Norcros plc
("Norcros", the "Group" or the "Company")

Interim Management Statement

Norcros, the home consumer products group with operations primarily in the UK
and South Africa, today publishes its Interim Management Statement covering the
18 week period from 1 October 2007 to 3 February 2008.

Overview

Group revenues for the 18 weeks ending 3 February 2008 increased by 6.3% and by
5.4% on a constant currency basis, reflecting revenue growth of 2.6% in our UK
operations, 10.7% on a constant currency basis in our South African operations
and 11.7% on a constant currency basis in the Rest of the World.

UK (circa 63% of Group Revenues)

Triton, the UK market leader in domestic showers, has continued to perform well,
maintaining its share in the electric segment and growing market share in the
mixer segment as a result of further investment in new product development and
marketing. In a tough market overall revenues only declined 2.4% in the period
and remained 1.2% ahead for the year to date. Profitability has been maintained
through the period reflecting tight control of costs.

H & R Johnson, a leading UK manufacturer and supplier of ceramic tiles and tile
adhesives, has made further progress in the Trade and Multiple sectors.
Domestic revenues were strongly ahead, more than offsetting a decline in export
revenues. Profitability has increased reflecting the sales growth and tight cost
control despite significant increases in energy costs. Good progress continues
to be made with our UK adhesives business.

South Africa (circa 32% of Group Revenues)

In South Africa overall revenues have increased by 12.6% and by 10.7% on a
constant currency basis, although profitability has been impacted by investment
in new stores, our store refurbishment programme, rising interest rates, power
outages, and higher costs in our tile manufacturing operations.

Our retail operation, Tile Africa, has increased constant currency revenues by
9.2% reflecting the benefits of store expansion and upgrades to our successful
new format. In the past six months, four new stores have been opened and four
existing stores have been, or are in the process of being, upgraded. In
addition, we have agreed the purchase of two former franchise stores.

Store improvement and expansion remains a priority with locations of high
revenue potential being targeted for new locations or upgrades.

TAL, our adhesive operation, increased constant currency revenues by 18.2%
reflecting both the strength of our new product development programme and new
account openings.

Johnson Tiles, our tile manufacturing operation, benefited from marginally
higher revenues but profitability has been impacted by input cost pressures in
energy and raw materials.

Rest of the World (circa 5% of Group Revenues)

Our wholly-owned subsidiary in Australia, selling tiles under the "Johnson"
brand, continues to make good progress increasing revenues by 22.2% and by 11.7%
on a constant currency basis.

Outlook

Heading into the important Spring trading period we continue to control our cost
base, improve efficiency and invest in new product development and marketing
initiatives. We face the challenges of weaker consumer demand in the UK and of
rising interest rates, power disruption and consumer uncertainty in South
Africa. Yet Group trading remains resilient reflecting proactive measures being
taken by management to improve our product offer, service and competitiveness
across all markets.

Overall, we expect full year Group profit to be ahead of the prior year whilst
marginally behind market expectations at the trading level, but at least in line
with expectations at the post-tax level before exceptional items, reflecting
lower interest and tax charges.

With a clear strategy and decisive action to enhance our market strengths, the
Board is confident of building on the current year's advances with further
progress in financial year 2008/9.

                                                             12th February, 2008

ENQUIRIES

Norcros plc
Joe Matthews, Group Chief Executive                          Tel: [phone]
Nick Kelsall, Group Finance Director

Altium
Phil Adams                                                   Tel: [phone]
Mike Fletcher

College Hill                                                 Tel: [phone]
Mark Garraway
Matthew Gregorowski

For further information please visit the Company website:
www.norcros.com




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