Trading Statement

Mountfield Group Plc

("Mountfield" or the "Group")

Trading Statement re Connaught Access Flooring Limited

The Directors of Mountfield are pleased to announce that Connaught Access Flooring Limited's ("Connaught") already strong start to 2016 has been further improved by it winning thirty new contracts with an aggregate value of £1,100,000 in the first quarter of the year. The largest contract has a value of circa £400,000 and is for flooring work on a new business centre in Stafford.

In addition to these new contracts Connaught is still engaged on its £5m+ contract at a City HQ building that has been mentioned previously and is also at an advanced stage of negotiation on a number of other contracts of significant value.

Andy Collins, Group CEO and CEO of Connaught commented: "We are delighted at the positive start for Connaught in 2016. We are already fully engaged with current projects including the City HQ contract in particular and the latest project wins should see that this year will be an extremely busy one for the Company".

Contacts: