AGM Statement

CML Microsystems PLC
28 July 2004






For Release                     12.00 noon                        28th July 2004



                              CML MICROSYSTEMS PLC
                                        
                            CHAIRMAN'S AGM STATEMENT


CML Microsystems Plc ('CML'), which designs, manufactures and markets a broad
range of semiconductor products, primarily for the global communications market,
held its AGM in Stock, Essex, today at 12.00 noon. All resolutions were passed
by the shareholders.


At the AGM George Gurry, Chairman, made the following statement to shareholders:


'I am pleased to report that group sales during the first quarter are closely in
line with group operating forecasts, and are ahead of the figures recorded for
any quarter during the previous year.


This improvement has been paced largely by the gains achieved in geographic Far
East markets for the group's telecom and other communications products, and by
the securing of target OEM opportunities for Hyperstone's memory controller
devices.


The internal group results for the opening quarter show positive earnings
comfortable in line with budget objectives.


Looking forward, I must caution that firm market visibility does not yet extend
beyond the relatively short term, and the Group's expectations are
correspondingly based, but I feel confident that barring unforeseen
circumstances, your Company will achieve the material improvement in full year
results that I anticipated in my Statements in June.'


ENDS



For further information, please contact:

CML Microsystems Plc                                   Binns & Co PR Ltd
Nigel Clark, Financial Director                        Peter Binns
Chris Gurry, Business Development Director             Tel: [phone]
Tel: [phone]







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