Replacement: Contract with UK MoD (1769Y)

TIDMMAN

RNS Number : 1769Y

Manroy PLC

27 February 2012

This announcement replaces the Manroy Plc release sent out today at 07.00 under RNS 1257Y. The date at the top of the announcement should read "27 February 2012" and not as previously stated. All other details remain unchanged. The full announcement is repeated below.

27 February 2012

MANROY PLC

CONTRACTS WORTH GBP1.1M WITH UK MOD

Manroy Plc ("Manroy"), the AIM quoted leading UK machine gun manufacturer, is pleased to announce the signing of contracts worth GBP1.1 million to supply the UK Ministry of Defence ("MoD") with blank firing systems ("BFS"), tow bars and tripods.

Under the terms of the BFS contract, Manroy will provide the MoD with 295 additional BFS's which are used for training purposes. This will take the total number of BFS's sold to the MoD by Manroy from 68 to 363.

Manroy owns the Intellectual Property Rights for the 0.5" calibre Heavy Machine Gun ("HMG") Blank Firing System, including the ammunition, and in May 2011, signed a GBP4.1m, 5 year continuation to an existing contract to supply the MoD with blank ammunition.

Glyn Bottomley, Manroy's Chief Executive, said: "These contracts underline the strength of our relationship with the MoD and have the potential to open up further opportunities which can be serviced as a result of the expansion undertaken over the past twelve months."

For further information please contact:

 
 Manroy Plc                                        Tel: [phone] 
 Glyn Bottomley, Chief Executive 
 Paul Carter, Finance Director 
 
 Canaccord Genuity Limited - Nomad                 Tel: [phone] 
  and Broker 
 Robert Finlay 
 Peter Stewart 
 
 Tavistock Communications                          Tel: [phone] 
 Baron Phillips 
 Simon Compton 
 

Notes to Editors:

Manroy is a UK based manufacturer of machine guns, mounts and other associated products. A key Ministry of Defence supplier for 26 years, Manroy currently manufactures, supplies and supports:

   --    the 12.7mm M2 Heavy Machine Gun ("HMG"), also known as the 0.50" calibre HMG; 
   --    the 7.62mm General Purpose Machine Gun ("GPMG"); and 
   --    weapon tripods and mounting systems. 

Manroy is focused on the opportunity to derive further value from existing partner relationships and create additional revenue streams by continuing to expand the product offering, and to move into new territories.

Ends

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