AGA.L Regulatory News (AGA)

3rd July 2014 FOR IMMEDIATE RELEASE AGA RANGEMASTER GROUP PLC ("the Group") Continued sales growth; launch of AGA City60; good progress expected in 2014 AGA Rangemaster Group plc, the range cooker and kitchen living specialist, istoday launching the AGA City60 at its new AGA shop in Spitalfields, London E1to an invited audience. In advance of the event it is providing a tradingupdate ahead of its interim results for the six months ended 30th June 2014 tobe announced on Friday 22nd August 2014. Good progress for the full year is expected. Group sales and orders havecontinued to improve although markets remain variable. May was quiet but Junewas strong. The strength of sterling impacts us. A strengthening UK housingmarket is clearly a positive factor and this has fed through slowly intoincreases in spending on cookers. Order intake year-to-date is up around 6% and sales are up close to 4% - therate of increase in the second half of 2013. Fired Earth and AGA Marvel inNorth America saw order intake increases of over 10%. AGA and Rangemasterorders were up by over 6%. Waterford Stanley and Grange were significantlydown. The Group is investing in products and marketing this year to support itsgrowth plan. The new AGA products - AGA City60 and Dual Control gas - and theRangemaster 60 are coming to market shortly and will widen our addressablemarkets. The AGA City60 is being launched at the opening of the new AGA shop at 38Spital Square, Bishopsgate, London. It is designed for City living and enablesus to cater for different areas of the housing market, including apartments andterraced houses. The AGA City60 is electric and has programmable roasting andsimmering ovens; a boiling-come-simmering plate and it is factory-finished withwheels to ease installation - and room venting. It is priced at £4,995 withcredit available, thus offering a more accessible pricing structure to attracta new customer base. The national roll out will follow in September 2014. William McGrath, Chief Executive, commented: "We are making good progress withour strategic and operational plans for our improving cooker markets. The AGACity60 is a breakout product reaching a wider customer base and we are focusedon taking the opportunities that provides." Enquiries: William McGrath, Chief Executive, AGA Rangemaster Group plc - 01926 455731Nina Coad / Venetia Hendy, Brunswick Group - 020 7404 5959