Trading Update

Cropper(James) PLC 24 May 2007 Issued by Citigate Dewe Rogerson Ltd, Birmingham Date: Thursday, 24 May 2007 IMMEDIATE RELEASE James Cropper PLC Trading Update STATEMENT BY THE CHAIRMAN, J A CROPPER On 1 February 2007 we provided the market with an update on trading. At that time I indicated that the Group's overall results for the year prior to IFRS pension adjustments would exceed market forecast. I am pleased to report that since then our Technical Fibre Products and James Cropper Speciality Papers businesses continued to trade strongly in the fourth quarter. In addition, the full year IFRS pension adjustment charge relating to the Group's defined benefit pension schemes is considerably less than was anticipated. Therefore, although audit clearance is yet to be given, it should be anticipated that barring any unforeseen circumstances, the Group Profit before Tax for the year to 31 March 2007 will not be less than £1.9 million. In view of the Group's recovery the Board anticipates that the final dividend for the year will increase significantly over that for the previous year. The Group's Preliminary Results for the year to 31 March 2007 will be announced on Tuesday 19 June 2007. Enquiries: Alun Lewis, Chief Executive John Denman, Group Finance Director Fiona Tooley Ifor Williams, Director James Cropper PLC Citigate Dewe Rogerson Brewin Dolphin Securities Limited Telephone: 01539 722002 Telephone: 0121 455 8370 Telephone: 0121 236 7000 www.cropper.com Mobile: 07785 703523 Mobile: 07721 002520 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings