AGM Statement

Xaar PLC 28 April 2004 FOR IMMEDIATE RELEASE 28 April 2004 Xaar plc ANNUAL GENERAL MEETING : TRADING UPDATE Xaar plc ('Xaar'), the inkjet printing technology group headquartered in Cambridge, is holding its Annual General Meeting today. The Chairman, Arie Rosenfeld will give the following update on trading: 'I am pleased to report that trading in the first quarter of 2004 continued to build on the strong turn-round to profitability and cash generation achieved during the second half of 2003 and the company looks forward to achieving further progress during 2004. 'Xaar will be exhibiting its existing and new products at the Drupa trade exhibition which starts next week. Drupa is the largest international printing industry trade exhibition, held once every four years in Dusseldorf, Germany. In addition to Xaar's own stand, its products and technologies will be incorporated into printing equipment on show at many other exhibitor stands, including Agfa Gevaert, who will be displaying the new jointly developed OmniDot printhead.' Ends Contacts Xaar plc: 01223-423663 Ian Dinwoodie, Chief Executive www.xaar.co.uk Nigel Berry, Group Finance Director & Deputy Chief Executive Bankside Consultants: Steve Liebmann 020-7444-4163 / 07802-888159 This information is provided by RNS The company news service from the London Stock Exchange

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Xaar (XAR)
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