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Mount Engineering Plc 

Trading Update 

and Notice of Results

Mount Engineering Plc ('Mount Engineering' or 'the Group'), today announces a trading update ahead of its preliminary results for the year to 31 December 2008.

The Board anticipates that the Group's pre-tax profit will be ahead of market expectations for the period and will be approximately £3.1m. Results benefited from an improved second half performance from Hi Flow, the industrial valves stockist, and, whilst demand for Ex certified products provided by Redapt and Raxton, was marginally lower in the second half of the year, Redapt and Raxton will post double digit turnover gains versus prior year pro-forma numbers. 

Cash flow management has been excellent and the Group has entered the new year in a net cash position.

Whilst the economic outlook for 2009 remains uncertain, the Board are confident of the resilience of the Group's businesses. Both Redapt and Raxton are well established with strong brand names. The Group has a good spread of geographic sales and customers and as such is well placed in this more challenging environment. The Board is satisfied with the start to the current year.

The Board anticipates releasing the preliminary results on March 19th 2009.

For further information:

Mount Engineering Plc
Colin Ainger (Non-Executive Chairman)	+44 7778 160 365
David Stanham (Chief Executive Officer)	+44 7834 046 121
Charles Stanley Securities - Nominated Adviser & Broker
Rick Thompson / Philip Davies / Ben Johnston	+44 20 7149 6482

  Mount Engineering Plc

('Mount' or 'the Group')

Background Note

Mount has three operating subsidiary companies, Redapt, Raxton and Hi Flow Valves Limited ('Hi Flow'). Each subsidiary has an executive team responsible for the day to day management of the business. A Group team of three executives directs and co-ordinates the subsidiaries. Three experienced non executive directors together with the Chief Executive comprise the Group board.

Redapt, based in the West Midlands, designs and manufactures an extensive range of thread conversion components, adaptors, reducers, stopping plugs, bulkhead penetrators and other products that have multi sector application wherever there is a risk of explosion or fire in hazardous environments or aggressive applications typically in the oil & gas, petrochemical and chemical industries.

Raxton, based in Aldridge, manufactures 'ex' certified thread conversion components. Raxton's main end user markets are the oil & gas, petrochemical and chemical industries. Raxton also extends their business into non-hazardous area applications in more industrial based market segments.

Hi Flow, based in Mildenhall, stocks, distributes and merchants a range of industrial valves and actuators to the oil & gas, petrochemical, process and related industries throughout the world. Hi Flow has signed stocking distributor agreements with a number of suppliers providing a range of cast steel gate, globe check and ball valves. Hi Flow continues to seek additional products that will ensure it can offer a broad range of products. 

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