Churchill China Regulatory News (CHH)

16 May 2007 07:30

Churchill China PLC16 May 2007 For immediate release 16 May 2007 CHURCHILL CHINA plc AGM Trading Update 2007 At the Company's Annual General Meeting, Stephen Roper, Chairman, will make thefollowing statement. "Trading in the first four months of 2007 has been relatively robust and we havemade sound progress against our expectations and the comparable position lastyear. Performance in each of the Group's target markets has been mostsatisfactory. Cash generation remains strong. We have continued our programme of investment in growth areas of our activitiesand are pursuing a number of new opportunities to develop further profitablebusiness operations. Overall we remain confident that we will deliver an improved performance both atthe half year in June and across 2007 as a whole. I am also pleased to report that we expect to appoint Jonathan Morgan as a nonexecutive Director of the Company in the near future. Jonathan, who is 49, beganhis career with 3i before joining the private equity investment arm ofPrudential plc in 1985 where he worked for twenty years, becoming ManagingDirector in 1995. His substantial experience of investing in growing small tomedium size companies will strengthen the Board." For further information, please contact: Churchill China Plc 01782 577566Stephen Roper, ChairmanDavid Taylor, Finance Director Buchanan Communications 020 7466 5000Tim Anderson/Lisa Baderoon This information is provided by RNS The company news service from the London Stock Exchange