LCT Lincat Group

RNS No 5422t
LINCAT GROUP PLC
27th April 1998


Date:         Monday, 27 April 1998 

Contacts:     Martin Craddock, Chairman
              Paul Bouscarle, Chief Executive
              Lincat Group plc                            01522 875555

              David Bick       
              Holborn Public Relations                    07000 204060

                      LINCAT GROUP plc ("the Company")

                              Special Dividend

During the past two years, in which the Company has disposed of two
subsidiaries and undertaken a substantial capital investment programme, the
Company has enjoyed strong trading and has built up surplus capital.

In light of the above, the Company proposes to pay a special dividend of 20p
per ordinary share to shareholders on the register on 15 May 1998, a total
outlay of #1.9m before ACT. The special dividend will be paid on 30 June 1998,
leaving the Company with gearing of less than 25%. The Directors are satisfied
that the Company has adequate resources to finance any future acquisitions.

Profit before tax for the half-year to 31 December 1997 was #2.5m on turnover
of #12.2m. Earnings per share were 18.2p (1996/7: 10.3p) and the interim
dividend per share was 3.8p (1996/7: 3.2p). The full year dividend for the
year ended 30 June 1997 was 10.2p.

As the Chairman indicated in the Interim Statement of 25 February 1998, the
Company continues to anticipate that the full year results will show
satisfactory growth over the previous year.


END

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