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COMPANY ANNOUNCEMENT: Interim Directors' Statement 28/11/2012

The following is a Company Announcement issued by Simonds Farsons Cisk plc pursuant to the Malta Financial Services Authority Listing Rules 5.86 and 5.88. This statement is based on the unaudited management accounts of Simonds Farsons Cisk plc up to 31 October 2012 and other financial information.

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Interim Directors’ Statement

The board of directors hereby announces that since the publication, on 26th September 2012, of its unaudited financial statements and directors' report for the six months ending July 2012, no material events and / or transactions have taken place that would have an impact on the financial position of the holding company and / or its controlled undertakings, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

The group's turnover and overall performance of the group for the third quarter was marginally better than the corresponding period last year despite the intense competitive environment the group operates in. The directors expect that the results for the financial year ending January 2013 will reflect an improvement over those registered last year. The group's cash generation and indebtedness position continue to remain at satisfactory and projected levels.

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ANTOINETTE CARUANA
Company Secretary

28th November 2012