TIDMAGA 
 
8th May 2009 
 
                           AGA RANGEMASTER GROUP PLC 
 
                     AGM AND INTERIM MANAGEMENT STATEMENT 
 
Aga Rangemaster Group plc held its Annual General Meeting at 11.00 am today at 
which the following statement relating to the 17 week period ended 1st May 2009 
was made. 
 
"2008 was a year in which we delivered sound operating profits, developed our 
market leading brands and maintained a net cash position despite increasingly 
difficult markets. 
 
Economic conditions remain testing and unpredictable but we continue to act 
decisively. Against this background, our Rangemaster operations continue to 
trade satisfactorily and to grow market share. We have a strong, expanding 
product range and as the only major UK-based manufacturer in our segment we 
have benefitted from the weakness of sterling. Aga has seen the level of 
enquiries stabilise but order levels are currently well down on prior years. 
Marvel, our US refrigeration business, has seen the sharp volume falls of the 
last 18 months continue. 
 
Orders overall in the period were down over 20% on the same period last year 
and we continue to cut back on production and to implement cost saving 
measures. We expect the strong promotional campaigns we are running to stabilise 
the position at that level through to the half year. A summary of these centering 
on `The Great British Cooker' and the coming Aga programmable burner upgrades 
is posted at www.agarangemaster.com. 
 
Our primary objectives for 2009, as we indicated in the report and accounts, 
remain to be profitable and cash generative. High operational gearing means 
that when market volumes start to improve returns will increase quickly - we 
will ensure that we are ready to take full advantage. Meanwhile we focus on 
maintaining the strong financial position we established ahead of the current 
downturn." 
 
 
Enquiries: 
 
William McGrath / Shaun Smith, Aga Rangemaster Group plc - 01926 455 731 
Simon Sporborg, Brunswick - 0207 404 5459 
 
 
 
END
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