Pre Close Period Statement

Senior PLC 13 December 2004 13 December 2004 TRADING UPDATE Senior plc, the manufacturer of high technology components and systems, issues the following trading update for the twelve-month period to 31 December 2004. Overall, trading during the second half of 2004 remains in line with that anticipated at the time of the interim statement on 5 August 2004. Consequently, the Group's profit before tax (and loss on disposal) for the full year is anticipated to be at a similar level to that previously reported for 2003. This is despite the adverse impact the weakening US$ is having on the Group's reported sterling results. Year-end net debt is expected to be slightly below the £57.9m reported at June 2004. The Group intends to account for pension costs under FRS 17 ('Retirement Benefits') for the first time in its 2004 full year accounts. The impact of the adoption of FRS 17 on 2004 underlying earnings per share is expected to be immaterial. The FRS 17 pension scheme deficit will be brought onto the Group balance sheet at the year-end. Aerospace demand improved during the period with the operating profit benefit of operational improvements and the increased volumes being seen at many of the Group's Aerospace companies. In Automotive, demand for new vehicles has been relatively steady, but increasing raw material prices (particularly for stainless steel), together with supplier issues at the Group's French operation, have had an adverse impact. The disposal of the Group's five industrial businesses, which was announced on 12 August, leaves it with three operations in the Industrial sector. Of these, Pathway's operations have been consolidated onto a single site and the rationalisation at Hargreaves completed. The first benefits of these actions are now being seen. Diesel product development continues strongly and a number of recent programme wins in North America and Europe mean the Group's capital expenditure will, as previously reported in the interim statement, increase in 2005. Volume production on these programmes will start in late 2006. Group net debt is, therefore, expected to rise during 2005 after four years of continued reduction. The 2004 full year results will be announced on 3 March 2005. For further information please contact: Senior plc Graham Menzies, Group Chief Executive 01923 714702 Mark Rollins, Group Finance Director 01923 714738 Finsbury Group Gordon Simpson 020 7251 3801 This announcement, together with other information on Senior plc may be found at: www.seniorplc.com Note to Editors: Senior is an international manufacturing group with operations in 11 countries. Senior designs, manufactures and markets high technology components and systems for the principal original equipment producers in the worldwide aerospace, automotive and specialised industrial markets. This information is provided by RNS The company news service from the London Stock Exchange D TSTBRBDDGXBGGSG

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