AGM Statement

Filtronic PLC
29 September 2006



                                 Filtronic plc

                                 AGM Statement


Filtronic plc is holding its AGM in Shipley, West Yorkshire today at 11:00 am.


At the meeting John Poulter, Chairman, will make the following statement to
shareholders:


This morning, at the extraordinary general meeting held 10.00 am, the resolution
in respect of the disposal of the wireless infrastructure business was duly
passed together with the other ancillary resolutions.


I would like to make the following comments on board changes. On the 31 July the
Company announced that David Rhodes, founder and Chairman of Filtronic for many
years and latterly CEO would be retiring today. On behalf of the Board and the
Company, I would like to express our appreciation for David's unique
contribution, from start-up to plc, and for the inspiration and commitment to
Filtronic and its employees that he has demonstrated for over 25 years.


It was also announced that Rhys Williams would be retiring from the Board at
today's AGM.  Rhys was appointed in 1994 and served as a Non-Executive Director
until he took over as Chairman in January of this year. We also thank Rhys for
his contribution to the Company and wish both David and Rhys a long and happy
retirement.


Reg Gott and I were appointed to the Board in July and will be proposed for
election by members today.


I now turn to the trading of the continuing group.



Following the disposal of the Wireless Infrastructure business, the priority for
the board is to focus on developing the Compound Semiconductors, Defence
Electronics and the Point to Point activity. Underlying trading performance for
Compound Semiconductors and the Point to Point activity are currently in line
with expectations. The recovery of Defence Electronics is proceeding more slowly
than anticipated.



With the growth in capacity at Compound Semiconductors it is expected that there
will be substantial revenue growth in the current financial year.



The Point to Point activity is currently experiencing strong growth, with
visibility of customer demand extending into the second half of the financial
year.



Overall, following the disposal of the Wireless Infrastructure business, the
scale of the group's activities will be substantially reduced. This will result
in operating losses pending the development and reshaping of the group, which
the Board is addressing as its priority.



END



Enquiries


Filtronic plc:
John Poulter, Chairman                        Tel: [phone]
Charles Hindson, Group Finance Director       Tel: [phone] / Mob: [phone]

Parkgreen Communications Ltd:
Paul McManus                                  Tel: [phone] / Mob: [phone]




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