Trading Statement

Safeland PLC 09 June 2006 Press Announcement Safeland Plc 9 June 2006 Trading statement The conditions of those sections of the property market in which the Company operates remain challenging with relatively few opportunities for the Company to buy on acceptable terms and this has resulted in a loss before tax for the year to 31 March 2006, extracted from the unaudited draft financial statements of the Company, of approximately £1.1 million compared to a profit before tax for the previous year, extracted without material adjustment from the restated audited financial statements of the Company, of £1.8 million. The net asset value per share as at 31 March 2006, extracted from the unaudited draft financial statements of the Company, has remained relatively stable at 110p compared to 111p as at 30 September 2005, the date of the unaudited interim financial statements. The Directors believe that the cash proceeds resulting from the proposed acceptance by the Company of the recommended cash offer for Bizspace plc, announced yesterday, will enhance the Group's abilities to pursue investments and trading opportunities as and when they arise. Such opportunities are frequently presented to the Company and the Directors are always ready to investigate those which look attractive. -end- This information is provided by RNS The company news service from the London Stock Exchange
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