Year End Update

Victoria PLC 23 March 2006 Issued by Citigate Dewe Rogerson Limited, Birmingham Date: Thursday, 23 March 2006 IMMEDIATE RELEASE Victoria P.L.C. ('the Group') Year End Update The Board of Victoria P.L.C. wishes to provide the following update prior to the close period, for the year ending 1 April 2006: Overall, the Group's operations have been trading in-line with expectations during the second half of the financial year. It is anticipated that the Group's results for the year ending 1 April 2006, before the following restructuring costs, will be in-line with consensus market forecasts. As part of the on-going review of the business and in particular, the need to remain efficient and competitive in today's markets, it is proposed that the Group's dyeing operations in Kidderminster will cease. The cost of closure is anticipated to be in the region of £175,000 which will be taken as a one-off restructuring charge in the accounts for the year ending 1 April 2006. This includes the cost of approximately 18 redundancies and non-cash asset write downs. The Group's results for the year ending 1 April 2006 will be announced on 20 June 2006. Enquiries: Alan Bullock, Group Managing Fiona Tooley, Director Director Mark Lee, Group Finance Director Katie Dale, Senior Account Manager Victoria P.L.C. Citigate Dewe Rogerson Telephone: 01562 749 640 Telephone: 0121 455 8370 www.victoria.plc.uk Mobile: 07785 703523 (FMT) or 07770 788 624 (KD) --------------------- This information is provided by RNS The company news service from the London Stock Exchange

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Victoria (VCP)
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