AGM Statement

Renishaw PLC 15 October 2004 Renishaw plc Trading announcement to be made at today's annual general meeting I am very pleased to report that both turnover and profit for the first 3 months of this current financial year are considerably ahead of those for the comparable period last year. The Group has seen growth in all our product lines and major markets world-wide, in particular, the Far East and America. The Company has recently acquired a 100,000 sq feet factory and offices for £5m at Stroudwater Business Park, Stonehouse, Gloucestershire, approximately 15 miles from our New Mills location. This facility will accommodate, initially, the transfer of our manufacturing equipment from New Mills during the second half of this financial year. The improvements in trading conditions we saw at the end of last year have continued and, whilst it is early in our financial year, we are increasingly confident of the outcome for the year. Sir David McMurtry CBE, RDI, CEng, FIMechE, FREng Chairman & Chief Executive 15th October 2004 Registered office. New Mills, Wotton-under-Edge, Gloucestershire, UK. GL12 8JR Registered Number. 1106260 Telephone number. 01453 524524 This information is provided by RNS The company news service from the London Stock Exchange