Trading update and result of AGM

Densitron Technologies plc

Trading update and result of AGM

Densitron Technologies plc ("Densitron" or the "Company" or the "Group") announces that, at the Company's annual general meeting held earlier today, all of the resolutions proposed to shareholders were duly passed and today provides an update on its trading activities.

Displays Business

We are delighted to report that the displays business has performed beyond expectations in the first half of 2010. Order intake has exceeded £10.0m in comparison with £6.0m booked in the same period in 2009 and our internal 2010 budget of £8.5m. Sales and gross profit have returned to similar levels to those achieved in the first half of 2008, ahead of our 2010 budget. We will see the full extent of the increase in orders booked during the first half of the year flowing through to sales during the second half of 2010.

It has become apparent that confidence in the market globally has markedly improved and that the growth seen in the first quarter of the year has not only been sustained but has continued to increase during the second quarter of 2010.

We have completed a number of projects in the first half of 2010 which will enter production in the second half of the year and new business opportunities continue to grow across the Company.

Land at Blackheath

The planning application for the land in Blackheath is nearing completion for filing with the local planning department. Following that, the planning authorities will determine whether permission will be granted for the development that has been proposed. Shareholders will be advised when there is further news.

Evervision Electronics Co. Ltd

Evervision, the Company's investment in a Taiwanese display manufacturer has performed well during the first half of 2010, achieving a profit and continuing to generate cash from operations. A further capital reduction has been approved by the Board and Shareholders of Evervision and Densitron should receive a payment of approximately £500,000 (based on current rates of exchange) during September 2010.

Outlook

The business outlook is certainly promising. At the beginning of the year we set a three year plan to substantially grow the business and we are already well ahead of where we expected to be over the first six months of 2010. We will continue to consider acquisitions opportunities as they arise but will only proceed where we consider that they represent value for money.

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