RNS Number:2545J
Chloride Group PLC
27 March 2003


                               CHLORIDE GROUP PLC
                               TRADING STATEMENT
                                                 
                                                                   27 March 2003


Before entering the close period prior to the announcement of its preliminary
results on 29th May 2003, the company is issuing the following statement on
current trading in line with its standard practice.

In our Interim Report dated  the 24th October 2002, it was indicated that there
was no evidence of immediate recovery in the overall market for power protection
solutions.  Since then, markets have remained depressed although our sales in
the UK, continental Europe and the Middle East have held up reasonably well.
Despite these difficult trading conditions, sales in the second half are
expected to be 9% up on the first half and only 2% down on the second half of
the previous year.  Sales for the full year are therefore expected to be in the
order of 5% lower than last year, which in the light of recent announcements by
our major competitors, indicates that we have achieved an increase in market
share.

Despite the lower sales, performance is expected to be significantly ahead of
last year and in line with current market expectations, due to our continuing
drive to improve product margins, grow service revenues and maintain strict cost
control.  Operating cash flow for the year will be strong.

During the year, the company has continued to invest for the future growth of
the business.  Additional funds have been spent in product development,
particularly for the US market, and our geographic reach has been extended
through the acquisition in February 2003 of a joint venture interest in China,
which is the world's highest growth market for power protection solutions.

The present uncertainty in world markets leads us to view the coming year with
caution as we can see no sign of sustained improvement in market conditions and
we expect continuing pressure on prices.

However, we anticipate making further progress in the coming year by maintaining
our focus on meeting the needs of our customers, applying our sales resources in
the more favourable market segments and maximising the benefits from our broad
range of power protection solutions and new lower cost products.

Commenting on the statement, Keith Hodgkinson, Chief Executive said:  "We are
making good progress despite the difficult and uncertain market conditions.  We
will start the new year with a strong balance sheet and remain well placed to
increase market share by maintaining our strong customer focus, continuing to
improve our product and service offerings and pursuing the international
development of our business.  Over the longer term, market growth will be driven
by our customers' need to protect their mission-critical systems from the
degrading power quality environment which exists across our global markets".



Enquiries:

Chloride Group PLC                                   Telephone:  020 7834 5500

Keith Hodgkinson (Chief Executive)
Neil Warner (Group Finance Director)

Hudson Sandler - Andrew Hayes                        Telephone:  020 7796 4133



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