Further re: Product recall

Sirdar PLC 08 June 2005 8 June 2005 Sirdar PLC ('Sirdar' or the 'Group') The Board of Sirdar announced on 9 February 2005 that it had instigated a recall of one of its fashion hand knitting yarns, named Fizz. At the time the Board believed that the likely financial impact of the recall would be significantly below the maximum potential liability, which was estimated at approximately £2.7m. Whilst the product recall is not fully complete, particularly in overseas markets, the Board can now provide an update and estimates that the total cost of the recall should be in the region of £0.5m. Notwithstanding this issue, the Specialist Yarns Division has continued to perform strongly and, therefore, the Board currently believes that the Group continues to trade in line with its expectations. Enquiries: Sirdar PLC 01924 371501 Duncan Verity, Group Chief Executive Kevin Henry, Group Finance Director This information is provided by RNS The company news service from the London Stock Exchange