"Laird had an outstanding year in 2007. The divestment of the Security Systems Division in April 2007 completed the transformation of Laird into a focused electronics and technology company and allowed the return of approximately £100 million to shareholders in June 2007. Our continuing technology based business delivered excellent growth in both revenue and operating profits, while total underlying profit before tax for Laird was again a record. 2007 ended strongly and 2008 has begun well, and we are confident of making further good progress during the year. The strength of our business, together with the capabilities of our people give us the ability to deliver value through innovation."

Nigel Keen, Chairman
March 2008

Laird PLC is quoted on the London Stock Exchange (symbol LRD), and is a member of the FTSE 250 index. Laird's trading year ends on 31 December.

For further information:
Email: ir@laird-plc.com
Tel: +44 (0)20 7468 4040
Fax: +44 (0)20 7839 2921