Trading Statement

Renold PLC 1 April 2005 Renold plc Trading Statement Renold plc announces that its full year result for the year ended 31 March 2005 is likely to be below management's previous expectations. A number of factors have contributed to this situation. The main reasons were lower sales in the Automotive Systems business as volumes did not recover as forecast by our customers and slower than anticipated recovery of steel price increases from major OEM customers. In addition steel shortages in the UK and Germany have affected operational efficiency. Despite the above, following the Sachs acquisition, year end borrowings are likely to be similar to last year. Renold expects to announce its results for the year ended 31 March 2005 on 13 June 2005. Enquiries: Robert Davies Chief Executive 0161 498 4500 Stephen Mole Finance Director 0161 498 4500 Weber Shandwick Square Mile Terry Garrett / Stephanie Badjonat 0207 067 0700 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Renold (RNO)
UK 100

Latest directors dealings