Eleco PLC 29 January 2008 For Immediate Release 29 January 2008 Eleco plc Trading Update The Board of Eleco has approved the following trading statement: "I informed shareholders on 15 November 2007, that trading continued to progress well in the second quarter. It is therefore pleasing to report that despite weaker demand for our connector plate products because of the widely reported reduction in housing activity in the UK and the Republic of Ireland, turnover and profit before tax of the Group as a whole for the six months to 31 December 2007 will be significantly higher than for the same period last year. "Eleco's offsite construction products and software continue successfully to address market needs and remained in strong demand in the period. As a consequence, the order books of our Building Systems businesses exhibited continued growth in the period to the end of December. "Milbury Systems was acquired on 22 November 2007 and I am confident that it will play an increasingly important role in the progress of our precast concrete interests. "I note the current turmoil in financial markets and the need to exercise an increased degree of prudence in the conduct of our businesses in this uncertain economic climate. Nevertheless, I remain confident that Eleco will continue to progress in the second half-year, having regard in particular to the strength of our order books and our strong financial position. "The interim report for the six months ended 31 December 2007, including the condensed financial statements prepared for the first time under IFRS, will be released on 18 March 2008" This trading statement will be sent to shareholders of Eleco today. For further information please contact: Eleco plc Tel: 01920 443 830 John Ketteley, Executive Chairman http://www.eleco.com john.ketteley@eleco.com David Dannhauser, Finance Director david.dannhauser@eleco.com Collins Stewart Europe Limited 020 7523 8350 Nick Ellis / Philip Roe Buchanan Communications 020 7466 5000 Tim Anderson / Isabel Podda This information is provided by RNS The company news service from the London Stock Exchange