PUR.L Regulatory News (PUR)

PURE WAFER PLC

(AIM: PUR)

Trading Update

Pure Wafer plc ("Pure Wafer" or "the Company"), the provider of high quality silicon wafer reclaim services for many of the world's leading semiconductor manufacturers, is pleased to provide the following update on current trading in advance of the announcement of the Company's interim results for the period ended 31 December 2012, which is expected to be during week commencing 11 March 2013.

Wafer reclaim services

The first half of the current financial year has seen a continuation of the increasing and sustained growth in the semiconductor market with increased volume sales continuing, and demand for Pure Wafer's reclaim services from all geographical areas in which we trade, as reported in the Chairman's and Chief Executive's report which accompanied the report and accounts for the year to 30 June 2012.

Increased demand and volume sales have come mainly from the growing US and Asian markets and also from a stable European sector where demand is continuing at the higher levels enjoyed during the second half of our prior financial year

The semiconductor market continues to show positive signs for 2013 with capital expansion plans underway by many of the major semiconductor manufacturers. With industry analysts forecasting continued growth through to 2015 and beyond, our customers continue to commit substantial new investment in 300mm silicon chip manufacturing facilities, demonstrating their confidence in a period of sustained industry growth which should provide further opportunities for Pure Wafer.

Pure Wafer's operations are scaled to accommodate the increasing demand and, together with our record levels of productivity at both our manufacturing sites in Swansea and Prescott which underpin a lower cost of manufacture, are well placed to take advantage of this increasing activity. We are therefore confident that our interim results will be in line with market expectations for the year ending 30 June 2013.

Solar pv

Trading for the solar division remains challenging with the UK Government again changing the level of the Government backed feed-in-tariff.

We have therefore re-focussed our marketing and have continued to build our order book with commercial, industrial and local authority customers and have maintained a satisfactory level of trading.