19 May 2010 – interim management statement

The group has experienced increasing demand for its products during the year to date, with volume sales in the first half now expected to be better than originally forecast.  In addition, average selling prices are also expected to be higher than anticipated, meaning that first half results will be higher than expectations.  Japan remains the most important market for the group, although China has now replaced Europe as the second largest market.  With demand for the group’s silicon wafer products expected to increase we re-iterate our recommendation of BUY.