Kendrick Resources Regulatory News (KEN)

4 Apr 2008 13:00

Kenetics Group Limited04 April 2008 Kenetics Group Limited ("Kenetics" or the "Group" or the "Company") Trading Update 4 April 2008 Kenetics Group Limited, the Radio Frequency Identification (RFID) companyfocused on security and RFID systems and products, announces the followingtrading update for the year ending 31 December 2007. Group revenue for the year has improved significantly. Loss before tax wasslightly lower than the previous year despite a write-down in impairment loss ininvestment. Significant resources were invested in developing a range of newgeneration products that are expected to bring about improvements to the Group'srevenue streams. The Company expects to announce the final results for the year ended 31 December2007 before 9 May 2008. TIDM: KEN Contact : Ken Wong Kenetics Group Limited Tel: +65 9616 6883 www.kenetics-group.com Dominique Doussot/David Massey Zimmerman Adams International Ltd Tel: + 44 (0) 20 7060 1760 www.zimmint.com This information is provided by RNS The company news service from the London Stock Exchange