AGM Statement (2442P)

TIDMDWSN

RNS Number : 2442P

Dawson International PLC

30 September 2011

AIM: DWSN

DAWSON INTERNATIONAL PLC

AGM Statement

The Annual General Meeting of Dawson International PLC ("the Company") will be held at 12 noon today in Edinburgh. At that meeting the directors will give a short presentation, reviewing the results and activities of the Company, which will subsequently be posted on the Company's website www.dawson-international.co.uk

The Company will also provide the following comment on current trading:

"Trading in the first half has been in line with expectations. As expected, margins in both our UK and US Knitwear businesses have been impacted by the increase in cashmere fibre prices and indications are that prices will increase further in 2012 before falling in 2013. In the current economic climate it is difficult to predict the retail performance of our customers which affects the level of any potential reorder business in the fourth calendar quarter. However, our current order books indicate that we should meet our sales forecasts for the full year. Meanwhile, our discussions with the Pensions Trustees and the Pensions Regulator are taking longer than expected to reach a conclusion and the associated costs will consequently be higher."

For further information please contact:

Dawson International PLC:

Jim Carrie, Chief Operating Officer Tel: [phone]

Dave Cooper, Group Finance Director Tel: [phone]

WH Ireland Limited:

Robin Gwyn Tel: [phone]

Biddicks Financial Public Relations:

Zoe Biddick / Sophie McNulty Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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