SEPU.L Regulatory News (SEPU)

SEPURA PLC

Trading Update

Sepura plc ("the Company"), a global leader in the design, development and supply of TETRA digital radios, today issues the following trading update in relation to its financial year ended 30 March 2012.

Highlights

·; Profits for year ending March 2012 expected to be comfortably ahead of recent Euro denominated market expectations

·; ATEX certification achieved and first handsets shipped during Q4 to March 2012

Trading update

The Company expects to report revenues within a range of €82 - €83m for the period, with profits for the year comfortably ahead of recent Euro denominated market expectations.

The cost reduction initiatives undertaken earlier in the year have had the expected positive impact on our margin profile, through both reduced product costs and operating expenses. This, combined with strengthened gross margins from product and customer mix, has yielded a considerable improvement in operating margin compared to the prior year.

ATEX

The Company is pleased to confirm that its STP8X radio received its ATEX certification in March, and the first 1,350 STP8X radios were delivered during the last quarter.

Outlook

Despite the continuing macro-economic uncertainties, a combination of business model improvements, the positive results of actions taken in FY12 and continued investment in product innovation, mean that the company is comfortable with the recent Euro denominated market expectations for FY13. 

CEO Gordon Watling commented: "Sepura has had a positive end to the financial year. Alongside a period of healthy sales, the successful launch of the STP8X represents a major milestone as Sepura expands into adjacent markets. The restructuring programme undertaken earlier in the year has delivered significant cost savings, which, combined with the contribution from our new ATEX products, gives us confidence in our future targets."

The Company expects to announce its audited results for the year ended 30 March 2012, which as previously announced will be presented in Euros, on Wednesday 13 June 2012.

For further information please contact:

Sepura plc Tel: 01223 876 000

Gordon Watling, Chief Executive Officer

Steve Chamberlain, Chief Financial Officer

Peter Connor, Investor Relations

Powerscourt (Media Enquiries) Tel: 020 7250 1446

Paul Durman/Victoria Ward

Cautionary Statement:

This trading statement contains certain forward-looking statements with respect to the operations, performance and financial condition of Sepura. By their nature, future events and circumstances can cause results and developments to differ from those anticipated. Nothing in this trading statement should be construed as a profit forecast. No undertaking is given to update the forward-looking statements whether as a result of new information, future events or otherwise.

Notes to Editors:

About Sepura

Sepura is a global leader in the design, manufacture and supply of TETRA (TErrestrial Trunked RAdio) digital radios, which are used predominantly by the emergency services around the world and in the transport, utilities and commercial sectors. Our products deliver mission critical communications.

Sepura offers one of the broadest ranges of TETRA products available, is often first to market with innovative products and features, and is a market leader in the supply of surveillance and other specialist TETRA radios and accessories. Founded in the UK in 2002, Sepura has expanded rapidly across the world with a network of regional partners that sell and provide local support for our market-leading products and we are the market leader in over 30 countries.

Based in Cambridge, England and employing some 275 employees, Sepura was admitted to the Official List of the London Stock Exchange on 3 August 2007. For further information please visit www.sepura.com.