AGM Statement

Clarke(T.) PLC 02 May 2008 AGM and Interim Management Statement T. CLARKE POSITIVE ON TRADING Ahead of today's Annual General Meeting to be held at Savoy Place, 2 Savoy Place, London WC2R OBL at 12:00 noon, T.Clarke Plc ('The Group') announces its first Interim Management Statement as required by the UK Listing Authority's disclosure and transparency rules. At the AGM, Russell Race, Non-Executive Chairman of T.Clarke will give the following trading update for the period from 1st January 2008 to date: 'T. Clarke Plc has made a positive start to the year and is trading in-line with current market expectations.' 'Revenue from our London Operations is much in-line with this stage last year but is expected to gain pace throughout the course of the current financial year. The turbulence within the financial market has had no effect on current trading. We are well placed to benefit from a number of major projects in London which are fully funded and expected to proceed to construction in the near future. In fact, many new schemes are already under way.' 'The fit-out market which is not a key sector in our operations, being highly competitive, low skill based and low margin, is expected to bear the brunt of the credit crunch as occupiers delay taking space. A further positive aspect of our business is that we expect to be invited shortly to bid for several contracts for the Olympic programme and associated infrastructure works. We shall exercise caution and be selective as to which projects we wish to be considered for.' 'Our regional businesses continue to be very active across all disciplines; retail, education, housing and transportation and we anticipate profitable organic growth in all our regions. Our businesses in Scotland, Newcastle and Derby have substantial order books with excellent visibility. Furthermore, Aylward, our business in the Eastern Counties has made significant progress into the Decent Homes and Affordable Housing programmes in its region.' 'We are focused on improving performance and margins throughout the Group, along with positive cash generation. We are not considering any acquisitions at this current stage, but we continue to keep a very close eye on the market.' 'The Group's order book currently stands at around £200m. We expect to secure several high value projects between now and the date of our interim results which should show our order book to be ahead of the same stage last year.' 'In conclusion, the financial position of the Group remains strong. We remain on track for 2008 and our focus is on building a strong pipeline of work going into 2009-2010.' -ends- Date: 2nd May 2008 For further information contact: T. Clarke plc City Profile Pat Stanborough, Chief Executive Simon Courtenay Victoria French, Finance Director William Attwell Tel: 020-7358-5000 Tel: 020-7448-3244 web: www.tclarke.co.uk This information is provided by RNS The company news service from the London Stock Exchange

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