2007 Results for Foseco plc

Cookson Group PLC
04 April 2008



4 April 2008


               Results for Foseco plc - year to 31 December 2007


Further to the announcement earlier today that the acquisition of Foseco plc 
('Foseco') by Cookson Group plc ('Cookson') had become effective, Cookson
announces that the consolidated financial statements of Foseco for the year
ended 31 December 2007 were today approved by the Board of Foseco.  These
financial statements will be filed immediately at Companies House and should be
available for public inspection shortly.  They will also be available on the
Foseco website (www.foseco.com) from mid-afternoon today.


Highlights of those results are as follows:


  • Strong improvement in Group operations1:


      • Revenue of £431.3 million, up 8%2
      • Trading profit of £50.3 million, up 11%2,3
      • Return on sales up 0.4 percentage point to 11.7%2
      • Profit before tax of £44.4 million, up 10%
      • Effective tax rate down 1.4 percentage points to 37.2%
      • Headline earnings per share of 16.2 pence, up 14%


  • Very strong performance in Foundry division (81% of Group revenue)1:


      • Revenue of £349.7 million, up 9%2
      • Trading profit of £54.7 million, up 17%2
      • Return on sales up one percentage point to 15.6%2


  • As previously announced, short-term uncertainty following the announcement
    of the proposed acquisition by Cookson impacted the Steel division's results
    (19% of Group revenue, including the CBC business to be sold)1:


      • Revenue of £81.6 million, up 2%2
      • Trading profit of £0.5 million (versus £3.0 million in 2006)


1  Before exceptional items (post tax) of £9.0 million principally relating to 
   professional fees and other costs relating to the acquisition of Foseco by
   Cookson.

2  At constant currency.

3  Group trading profit reflects the results of the Foundry and Steel divisions 
   less corporate costs of £4.9 million.


                                    - Ends -


For further information please contact:


Shareholder/Analyst Enquiries

Cookson Group plc                  Mike Butterworth, Group Finance Director

Tel:  [phone]          Anna Hartropp, Investor Relations Manager


Media Enquiries

Hogarth Partnership Ltd            John Olsen

Tel:  [phone]          Anthony Arthur


                      This information is provided by RNS
            The company news service from the London Stock Exchange