PUR.L Regulatory News (PUR)

PURE WAFER PLC

(AIM: PUR)

Trading Update

Pure Wafer plc, 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 2010, which is expected to be during the week commencing 28 March 2011.

As indicated in the Chief Executive's report which accompanied the report and accounts for the year to 30 June 2010, volume growth in the Group's core wafer reclaim business, especially in the 300mm wafer reclaim service, is continuing and utilisation levels across the Group, currently estimated at between 55% and 60% capacity, are expected to increase. The Group has been able successfully to implement price increases across its customer base and is winning new sales in its Far Eastern markets and in North America.

The solar panel market in the UK is showing fast growth. The Group is pleased to confirm its solar panels business, which was established in March 2010, has successfully been approved for accreditation under the Microgeneration Certification Scheme and certification will enable customers to benefit from the feed-in tariff introduced by the Government with effect from 1 April 2010. Our order book continues to build rapidly. We are refining our strategy for the solar panel market to ensure we can service all sectors. We believe solar, in due course, is going to become an important and successful part of our business.