Chairman's AGM Statement, etc

CASTINGS PLC
18 August 1999


THE COMPANY IS PLEASED TO REPORT THAT THERE IS SOME EVIDENCE THAT TRADING
CONDITIONS HAVE IMPROVED SINCE THE ANNOUNCEMENT OF THE FINAL RESULTS FOR THE
YEAR ENDED 31 MARCH 1999.AT THE TIME OF THE FINAL RESULTS,THE COMPANY REPORTED
THAT IT WAS NOT ANTICIPATING A RETURN TO PREVIOUS RECORD LEVELS WITH TRADING
REMAINING DIFFICULT IN THE FORESEEABLE FUTURE.
MR.B.J.COOKE,CHAIRMAN,COMMENTED AT YESTERDAY'S AGM 'I CAN NOW REPORT THAT
ORDERS AND SCHEDULES ARE SHOWING SIGNS OF IMPROVEMENT.IT IS ALSO PLEASING TO
REPORT EXPORT ORDERS CONTINUE TO RISE.IT IS HOPED THIS TREND WILL CONTINUE FOR
THE REMAINDER OF THIS YEAR AND IN THE FUTURE.'

B.J.COOKE  CASTINGS PLC,LICHFIELD ROAD,BROWNHILLS,WEST MIDLANDS WS8 6JZ