TIDMFKE 
 
RNS Number : 0770A 
Fiske PLC 
01 October 2009 
 

Fiske Plc ('Fiske' or 'the Company') 
 
 
Results of AGM 
 
 
 
 
Fiske Plc (the 'Company') announces that at the AGM held today all the 
resolutions were duly passed. 
 
 
Speaking at the AGM, Clive Harrison, the Chairman and Chief Executive, said the 
following: 
 
 "I would like to make a few additional comments about last year and to 
update you on our progress to date. 
 
 
As my predecessor indicated this time last year, we were expecting the half-year 
to November 2008 to be pretty miserable and it was, but we hoped the second half 
to the end of May might look brighter. In fact, as I am sure you will remember, 
the third quarter of our year, the months of December, January and February, 
were some of the grimmest months in living memory. They were then followed in 
March by one of the sharpest and strongest rallies in my memory which is roughly 
the same as living memory. 
 
 
I regret we didn't forecast the rally. 
 
 
Whether in fact March marked the end of the bear market is still in my opinion 
an open question, but whether that is the case or this is a major rally in a 
bear market as in 1931, either way we are due a correction. Markets never move 
in straight lines for long. What we are more sure about is that the worst of the 
banking crisis, which we did foresee, is now over, although there are some nasty 
hidden problems yet to be revealed. 
 
 
For the economy the situation has still to get worse before it gets better. The 
talk about "green shoots" is overdone. If you throw money at an economic problem 
you get the same result as a thunderstorm in the desert. It blooms rapidly 
before it withers. The test is when the tap is turned off and the authorities 
are already discussing just that. 
 
 
The first four months of our new financial year have got off to a modestly 
favourable start, certainly a significant improvement over the same period last 
year. Ours is not a business that is easy to forecast as we are bound to be 
influenced by market movements and volumes. However, although complacency is not 
a word included in our mission statement, not least because we don't believe in 
mission statements, I do feel we can state that we view the first half of our 
new year with confidence." 
 
 
 
 
For further information please contact: 
 
 
  - Gerard Luchini, Fiske Plc - Compliance Officer 
  (tel: 020 7448 4700) 
 
 
  - Gerry Beaney/ David Hignell, Grant Thornton UK LLP (Nominated Adviser) 
  (tel: 020 7383 5100) 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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