Interim Management Statement and AGM

Devro plc

("Devro" or "the Company")

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 2010 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 performed strongly in the year to date compared to the same period in 2009, and ahead of our expectations. We anticipate that the full year will continue to show good progress.

"During the period sales revenues have continued to grow. Our global coverage and commitment to customer service are being rewarded with new business and growth across our markets.

"Devro's performance is affected both positively and negatively by fluctuations in foreign exchange rates throughout its global operations. Overall, these movements have been marginally positive in recent months.

"The abnormally high prices of raw materials and energy in the first half of 2009 have not been repeated this year. There has also been an improved manufacturing performance.

"Cash generation in the business has been positive following the strong sales performance towards the end of 2009. Previously announced investment projects supporting the growth and efficiency of our business are on schedule.

"Net debt is significantly lower than at the same time last year."

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Further information on Devro can be found on the Company's website: www.devro.plc.uk