6th Feb 2008 12:04
Worthington Group PLC06 February 2008 Interim Management Statement Worthington Group plc provides an Interim Management Statement for the periodfrom I October 2007 to 31 December 2007. Trading for the period is in line with management expectations with both headoffice costs and rents receivable being in line with budget. The capital andinterest due in respect of the Eccleshill monies have now been received and havebeen placed on deposit. Pension returns for the quarter have suffered in line with the property andequity markets and we continue to monitor the investment managers performance. We are continuing discussions with the Pension Trustees over future funding ofthe Pension Scheme deficit following the tri-annual actuarial review as at April2007. We expect to report further and more fully on the outcome as part of thefull year results to 31 March 2008. The Keighley site remains well occupied although no further progress has beenmade on possible redevelopment given current property market conditions. We continue to look for suitable investment opportunities and new business forthe Group. J C Dwek CBE Chairman 6 February 2008 Enquiries: Worthington Group plcJoe Dwek CBE, ChairmanTel: 01625 549082 Website : www.worthingtongroupplc.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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