Pre-close Trading Statement

27 September 2013

RPC Group Plc

Pre-close Trading Statement

RPC Group Plc, Europe's leading rigid plastic packaging supplier, today issues a pre-close trading statement ahead of its first half year results due to be published on 29 November.

Trading performance in the period 1 April to 30 September 2013

Activity levels are expected to be slightly ahead of the corresponding period last year with good growth in higher added value products such as coffee capsules and personal care. In combination with a more favourable sterling to euro exchange rate, this is projected to lead to increased revenue.

Operating profit (before exceptional items) in the first half year is anticipated to be in line with management expectations as set out in our IMS dated 10 July 2013, as the benefits from the Fitter for the Future programme and the more favourable sterling versus the euro exchange rate are realised. Polymer index prices will have however, after a reduction in the first quarter, again risen to near record levels by the end of the half year.

The Group maintains a strong financial position with cash flow performance in the first half year expected to be satisfactory.

Other developments

The Fitter for the Future programme is progressing well. The reorganisation of the thermoforming and injection moulded spreads business in mainland Europe is nearing completion whilst the other initiatives are proceeding to plan.

The Board and Executive team are in the progress of updating the Group's strategic plans which will be communicated on 5 November 2013 at a Capital Markets Day.

Commenting on the first half year's performance, Pim Vervaat, RPC's Chief Executive Officer, said:

"The performance for the first half year is very satisfactory against the backdrop of a continuing challenging economic environment. I am confident further progress will be made with the Board and Executive team updating our strategic plans. The Group is well placed to benefit from an economic recovery in Europe based on our good market positions, leading technological capabilities and continued investment in growth."