AGA.L Regulatory News (AGA)

19th November 2014FOR IMMEDIATE RELEASE AGA RANGEMASTER GROUP PLC ("AGA RANGEMASTER") TRADING UPDATE AGA Rangemaster, the range cooker and kitchen living specialist, today issues atrading update for the period since 30th June 2014. Our UK operations are performing well. The better trend line in sales acrosskey areas of the Group during the year has been maintained into the autumn. Theresponse to our AGA campaign, led by the AGA City60, has broadened ouraddressable market. For Rangemaster, UK sales growth has been central to a goodperformance. Our Marvel refrigeration operation is seeing strong growth and ournew generation of premium refrigerators, complying with new regulations, hasreset sector standards. Fired Earth has seen high teen order growth this yearand profits are well up. Trading in Europe continues to be more mixed and consumers remain cautious intheir spending. In particular, performance from Grange, the French-basedfurniture operation, and Waterford Stanley, the Irish stoves led business,continues to be weak. This tempers the overall growth the Group will achievethis year. The Group has renowned brands and we have modernised our ranges for today'sconsumer taste. Closer international commercial partnerships are underconsideration to drive the benefits from these introductions more quickly. William McGrath, Chief Executive commented : "We have made winning productintroductions and the progress made in our major appliance brands, led by AGA,Rangemaster and Marvel refrigeration, is encouraging. That will be amplified aswork to turnaround our remaining brands' performances is completed." Enquiries: William McGrath, Chief Executive, AGA Rangemaster - 01926 455731Simon Sporborg / Nina Coad, Brunswick Group - 020 7404 5959