AGM Statement

CORAL PRODUCTS PLC

("Coral" or the "Group")

AGM Statement

Joe Grimmond, Chairman of Coral, will provide the following statement at the Group's AGM at 12 noon today:

"I am pleased to announce that trading for the Group has continued its improvement from the final quarter of last year.

Sales are significantly ahead whilst margins have been broadly maintained, notwithstanding the ramp up costs associated with our recently introduced automotive business.

We expect further sales and margin improvement over the remainder of the current financial period.

This reflects our substantial investment in productive capacity during last year and will result in a reduced capital expenditure in the current year."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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