Interim Management Statement

Devro plc

("Devro" or " the Group")

Interim Management Statement and Annual General Meeting

Devro plc, the world's leading manufacturer of collagen products for the food industry, today issues the following Interim Management Statement for the period from 1 January 2011 to date ahead of its Annual General Meeting to be held at 10.00am this morning. At the meeting Steve Hannam, Chairman of Devro, will make the following statement on current trading.

"Devro has made progress in the year to date, as margins continue to improve with better sales mix and increasing prices. The company is on track to meet the board's expectations for the full year.

"The Group has benefitted from its broad geographical coverage. Although total sales are slightly behind last year, Eastern Europe, Russia and SE Asia have all shown solid growth, offset by more challenging conditions in lower-priced markets, including China. In the first quarter of 2010, UK retailers increased volumes with promotional activities which have not been repeated this year. Recent events in Japan, which represents less than 5% of group turnover, have not had a significant impact on the business.

"Adverse weather conditions early in the period slowed the manufacturing performance of some operations in the Group but these are now returning to normal levels.

"The benefits of last year's investment programme are also starting to come through, with improved manufacturing efficiencies partially compensating for some increased input costs. Capital investment projects for 2011 are proceeding as planned.

"We remain confident of the outlook for the full year."

For further information, please contact:

Buchanan Communications

Diane Stewart/Charles Ryland/ Carrie Clement Tel 0131 226 6150/ 020 7466 5000

Devro plc

Peter Page / Simon Webb

Further information on Devro can be found on the company's website: www.devro.com