Coral Products Regulatory News (CRU)

Coral Products PLC

("Coral" or "the Company")

Re Directorate

The Board of Coral wishes to announce the following board changes;

Geoffrey Piper, Chairman, has decided not to offer himself for re-election at the forthcoming AGM and will retire from the Board at the conclusion of this AGM. Joe Grimmond, Director, who will be offering himself for re-election to the Board, has agreed, subject to his re-election, to act as Chairman following Geoffrey's resignation.

Kathryn Davenport, a non- executive Director has resigned from the board with immediate effect.

Geoffrey Piper commented:

"Having been on the Board for 16 years and seen the Company through difficult times, I feel now is the time to step down. I believe Coral is now well positioned to grow into a more broadly based manufacturing group and that Joe is ideally qualified to lead the Board in this process. I would also like to thank Kathryn for her valuable contribution."

Enquiries:

Coral Products PLC 01942 272882

Warren Ferster, Chief Executive

Joe Grimmond 07703 518 148

XCAP Securities plc (broker) 020 7107 7070

John Grant/ David Lawman/ David Newton

Bankside Consultants 020 7367 8888

Richard Pearson/ Simon Rothschild

Richard Pearson

Bankside Consultants

Tel 020 7367 8888

D/L 020 7367 8874

Mob 07404 019751