21 January 2013

H.R. Owen Plc (the "Company") Trading Update following strong end to the year H. R Owen to exceed market expectations

The Board of H. R. Owen Plc is pleased to report that the Company had an encouraging end to the year ended 31 December 2012. The strong performance seen by both Ferrari and Lamborghini in the first half was followed by a robust second half performance. This was complemented by a particularly good close to the year from our Rolls-Royce and Bentley franchises.
As a consequence of strong trading across all marques, the Company expects the results for the year ended 31 December 2012 to be ahead of market expectations.
With respect to 2013 the anticipated new model delivery profile across our range of brands will lead to a less pronounced first half with the second half contributing a higher proportion of the full year result than has historically been seen. The implementation of our strategy for growth is progressing well and we look forward to the roll out of further business opportunities during the coming year.
The Company expects to announce its preliminary results for the year ended 31
December 2012 in March 2013.
For further information please contact:

H.R. Owen (020 7245 1122)

Joe Doyle, Chief Executive
Mike Warren, Finance Director

Halkin Communications (07904 680 547)

Sara Batchelor

Charles Stanley Securities (020 7149 6000)

Marc Milmo
Carl Holmes

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