Cropper (J) Regulatory News (CRPR)

11 October 2017

James Cropper PLC ("James Cropper" or the "Group")

Trading update, date of interim results

James Cropper notes the recent share price movement and makes the following comments.

The Group continues to experience increased pulp prices as announced at the time of the AGM, in July, which are impacting the Group's paper business (James Cropper Paper). Nevertheless, the other businesses within the Group are trading well with increased penetration into new markets. Technical Fibre Products continues to make progress across its markets including fuel cells. James Cropper 3D Products has launched ColourformTM, a sustainable alternative to plastic packaging, and agreed new commercial contracts with clients including Lush. Also, the Paper division has trademarked CupCyclingTM, the practice of transforming coffee cups into high grade papers as publicised recently with Selfridges.

Overall, therefore, the Board expects the Group to achieve management expectations for the current financial year and remains confident of the Group's prospects over the medium and longer term.

A further update on trading will be provided at the time of the release of the Group's interim results, which are expected to be announced on 14th November 2017.

ENDS