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COMPANY ANNOUNCEMENT: Interim Directors' Statement 27/11/2013

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 2013 and other financial information.

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Interim Directors’ Statement

The board of directors hereby announces that since the publication, on 25 September 2013, of its unaudited financial statements and directors' report for the six months ending July 2013, 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 market continues to demonstrate ongoing dynamic changes and intense price competition within all sectors relevant to the group areas of operations. Overall group revenue and profitability are within the established targets. The group remains very active in seeking to exploit all current market opportunities. It continues to plan and analyse future capital expenditure projects that are required to maintain its businesses on a sound foundation for the medium to longer term, in line with the announced market strategy and key pillars for growth.

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Antoinette Caruana
Company Secretary