AGM Statement

RNS Number:2171Q
Filtronic PLC
26 September 2003


For release                        11.00am                     26 September 2003


                                 Filtronic plc
                       Executive Chairman's AGM Statement


Filtronic plc ("Filtronic"), a leading designer and manufacturer of customised
microwave electronic subsystems for the wireless telecommunications and defence
industries, held its Annual General Meeting at the Midland Hotel, Bradford at
11.00am today.


Prior to the start of the formal proceedings, Professor J David Rhodes CBE FRS
FREng made the following statement to shareholders about current trading and the
near term outlook:


"After three months of the current year, trading is ahead of internal budgets.
Sales in our largest business, Wireless Infrastructure, and operating profit in
our second largest business, Cellular Handset Products, have been strong.


The outlook indicates that the improved trading climate is likely to continue
for the rest of the first half of the current financial year.


On Monday 22 September, we announced that Filtronic had been selected by a new
OEM customer to supply initial quantities of an integrated radio frequency head
unit for 3G wideband code division multiple access ("WCDMA") base stations. The
units contain power amplifiers which incorporate our unique, high power,
compound semiconductor transistors manufactured in our own fabrication facility
at Newton Aycliffe. The units also contain the up/down converters and the
high-speed digital baseband interface and processing capability.


This is a new product for Filtronic. This business represents our first customer
for this class of product and establishes our presence in a growth market.
Production quantities are not expected to commence until the second half of
calendar year 2004. Overall, the range of products and processes throughout
Filtronic, particularly at Newton Aycliffe, has been expanded to provide the
platform for growth."


For further information, please contact:


Filtronic plc
Professor J David Rhodes CBE FRS FREng (Executive Chairman)    01274 530622
John Samuel (Financial Director)                               01274 530622


Binns & Co PR Ltd
Peter Binns/Emma McCaffrey                                     020 7786 9600






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