CHLD Chloride Grp.

RNS Number:9039W
Chloride Group PLC
25 March 2004

                              CHLORIDE GROUP PLC
                               TRADING STATEMENT

                                                                   25 March 2004

Before entering the close period ahead of the announcement of its preliminary
results on 27th May 2004, the company is issuing the following statement on
current trading in line with its standard practice.

After a period of two years' sales decline despite outperforming the overall
market, we expect to achieve sales growth for the full year in the order of 7%.
This has been achieved despite price pressure in all our markets, driven in part
by intense competition for the limited number of available major projects.

Overall performance is expected to be in line with current market expectations
and ahead of last year, as we continue to reduce costs, grow service revenues
and improve product margins.

We continue to make significant operational investments in China to build a
strong capability to penetrate the growing market for power protection.  Our
first full year in China is expected to contribute sales of approximately #3
million.

We are operating in highly competitive markets.  We will therefore maintain our
focus on developing in market sectors where we are well positioned, such as
health, transport, petrochemicals and financial services, improving efficiency
and delivering value to global customers through market leading technology and
excellent customer service.

Commenting on the statement, Keith Hodgkinson, Chief Executive said:  "We are
continuing to make good progress in competitive markets. There is an ongoing
need to protect mission critical applications in an environment of degrading
power quality and reliability.  This will continue to drive market growth and
our prospects over the longer term."


Enquiries:

Chloride Group PLC                                     Telephone:  020 7834 5500

Keith Hodgkinson (Chief Executive)
Neil Warner (Group Finance Director)

Hudson Sandler                                         Telephone:  020 7796 4133
Andrew Hayes/James Hill


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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