RNS Number:8603N
Trifast PLC
13 February 2008

                                  TRIFAST PLC
                  ('Trifast' or 'the Company' or 'the Group')

                          INTERIM MANAGEMENT STATEMENT

13 February 2008

Trifast, a worldwide manufacturer and distributor of industrial fasteners and
components, today announces its interim management statement for the third
quarter to 31 December 2007.

Group operating profit for the first two months of the period indicated that
market expectations for the year as a whole would be met. However, December's
result fell below that expected due to the longer than anticipated shutdown
period at OEMs in Europe resulting in fewer invoicing days. The Board is pleased
to report however, that the indications for January trading are ahead of prior
year results and in line with expectations for the month.

The December result has had an inevitable impact on trading for the year as a
whole. Consequently the Board believes that, subject to the performance of
Trifast's worldwide markets in the remainder of the current year and based on
current sales performance, the profit before tax (before restructuring costs,
intangible amortisation and IFRS2 charge) for the full year ending 31 March 2008
will be broadly in line with that reported for the year ended 31 March 2007 of
?8.8 million. This trading performance would reflect an operating margin of
7.9%, a 7% improvement on the March 2007 figure of 7.4%, a credible step towards
achieving the Board's target of 10% net operating profit (before restructuring
costs, intangible amortisation and IFRS2 charge).

During the period the Company continued its recruitment drive for quality sales
people and our restructured sales team is now nearing completion. It will have a
positive impact, and already we have seen the number of new enquiries from
potential customers increase significantly.

The Board remains focused on the Trifast strategy for long term profitable sales
growth with the continued emphasis on the quality of business won. The full
benefit is yet to be realised. The key elements of this strategy are:

- Targeting growth market sectors;
- Developing market leading customer service plans;
- Manufacturing high quality products and
- Providing full technical and engineering support.

Furthermore the management team have implemented a number of initiatives,

- Driving into new market areas including Poland and other areas of
  Central Europe;
- Focused sales team in Asia to drive into local markets;
- Improving percentage of total fastenings sales within the existing
  customer base;
- Master Distributor Programme gaining momentum in the USA and
- Developing our business in India.

                               -          ENDS -


Trifast Group plc                                         Tel: 01825 747 366
Steve Auld, Chief Executive Officer
Stuart Lawson, Chief Financial Officer

Smithfield Consultants
Reg Hoare / Will Swan                                     Tel: 020 7360 4900

Fairfax I.S. plc
Steve Roberts / Jeremy Porter                             Tel: 020 7598 5368

For more information please visit www.trifast.com

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