Interim Management Statement and AGM

Devro plc

("Devro" or " the Group")

Interim Management Statement and Annual General Meeting

Devro plc, one of the world's leading manufacturers of collagen products for the food industry, today issues the following Interim Management Statement for the period from 1 January 2012 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 continued to make good progress in the year to date, with continuing sales growth and a positive impact from changes in sales mix.

"Total sales are ahead of the comparable period last year with Eastern Europe, Russia, Japan, SE Asia and Latin America all demonstrating solid growth, partially offset by slow trading conditions in the UK. Sales of our premium Select range continue to increase in Japan and Europe and represent a growing proportion of the Group's edible collagen sales.

"Manufacturing performance was slightly below expectations early in the year, but recent performance is much improved. The newly installed lines in Scotland are in full production and product development work continues on the new line in the USA. Capital investment in additional capacity in the Czech Republic is proceeding as planned.

 "The financial position of the Group continues to be strong and we remain confident that the Group is on track to meet the board's expectations for the full year."

Peter Page, Chief Executive, commented "The continued growth in volume and value of sales, across a wide variety of markets, is most encouraging and reflects well on our strategy for long-term growth."

ENDS

For further information, please contact:

Buchanan

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

Devro plc

Simon Webb

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