The Board of Directors of Simonds Farsons Cisk plc (the “Company”) has on Tuesday 28th April, 2009 met and approved for publication the financial statements of the Company for the year ended 31st January 2009 and resolved to lay the same for the approval of the shareholders at the forthcoming Annual General Meeting of the Company to be held on 25th June, 2009.

A Preliminary Statement of Annual Results for the year ended 31st January 2009 is attached herewith and is made available to the public on website www.farsons.com.

1. the distribution, out of tax exempt profits, of a final net dividend of €800,000 that is €0.031111 per each ordinary share of €0.291, to be paid by not later than 26th June, 2009. An interim net dividend of €200,000 that is €0.007778 per ordinary share has already been approved at the Board Meeting held on 30th September, 2008 and distributed. This will result in a total net dividend to the ordinary shareholders of €1,000,000 that is €0.038889 per ordinary share. The Board of Directors has established 29th May 2009 as the Effective Date on which all shareholders then on the register of members shall be entitled to receive notice of and attend the Annual General Meeting, be paid dividends declared by the General Meeting and appoint directors or vote at the election of Directors.

2. that with effect from Friday, 26th June 2009, the current text of Clause 5 of the Memorandum of Association is deleted, and substituted by the following text:

3. that with effect from Friday, 26th June 2009, the amount of €227,031.44 from the Company’s reserves is capitalised for the purpose of increasing the current nominal and paid up value of the 25,714,286 shares in issue from €0.291171 each share up to the new nominal and paid up value of €0.30 each share.

4. that with effect from Friday, 26th June 2009, the amount of €1,285,714.20 from the Company’s reserves is capitalised for the purpose of a bonus issue of 4,285,714 fully paid ordinary shares of a nominal value of €0.30 per share, representing 1 bonus share for every 6 shares held, to be allotted to the members appearing on the Register of Members as at the close of business on the Malta Stock Exchange on the 25th June 2009 (Eligible Members) thereby increasing the issued share capital from the current 25,714,286 shares to 30,000,000 shares of €0.30 each fully paid up, resulting in a paid up capital of €9,000,000.

5. that with effect from Friday, 26th June 2009, the current text of Clause 6 of the Memorandum of Association is deleted, and substituted by the following text:

6. that with effect from Friday 26th June 2009, the current text of Clause 5a and Clause 5b of the Articles of Association is deleted, and substituted by the following text:

Arthur Muscat

Company Secretary

28th April, 2009