AGM Statement

Trifast PLC
22 August 2002



Issued by Citigate Dewe Rogerson Ltd, Birmingham

Date: Thursday, 22 August 2002     IMMEDIATE RELEASE








                                  Trifast plc

                             Annual General Meeting








At today's (22 August 2002) Annual General Meeting David Dugdale, Chairman,
Trifast plc told shareholders:


"The new financial year has started broadly in line with our expectations. Sales
have been at the same level for the first four months of the year as they were
in the comparable period last year. However, we have seen an improvement in
profits over the same period as a result of our successful efforts to take costs
out of the business.


"Given the current high level of uncertainty over the future of the world
economy, it is particularly difficult to predict the outcome for the year as a
whole but we remain confident that the Company is well placed to face the
challenges that lie ahead and exploit opportunities that present themselves."







Enquiries:
Jim Barker, Chief Executive (01825 747366)
John Wilson, Group Finance Director (01825 769696)        Fiona Tooley
Trifast plc                                               Citigate Dewe Rogerson
Web-site: www.trifast.com                                 Tel: [phone]
Email: [e-mail]                              Mobile: [phone]





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