Interim Management Statement January 2008

Oxford Instruments plc, the high technology tools and systems company, issues today an Interim Management Statement which covers the period from 1 October 2007 to 14 January 2008, as required by the UK Listing Authority’s Disclosure and Transparency Rules.

Financial Position and Performance of the Company
Revenues in the period were in line with the Board’s forecasts and above the same period last year.

 
Our core environmental and nanotechnology markets remain robust despite market concerns over global economic conditions. Our Research and Development programme continues to convert our technological capabilities into innovative new products, meeting the needs of our customers. This combination of robust markets and commercially orientated innovation has helped to ensure that our organic growth plans remain on track. Furthermore, the integration of our two recent acquisitions, Vericold and WAS, is proceeding to plan with strong trading results to date from both companies.

Save as described in this statement, there has been no significant change in the financial position of the Group in the period.  The Board continues to be confident that the Group’s full year performance will meet expectations.

Jonathan Flint
Chief Executive

Enquiries:

Oxford Instruments plc                          Tel: 01865 393200
Jonathan Flint, Chief Executive
Kevin Boyd, Group Finance Director

Hogarth Partnership Limited                  Tel: 020 7357 9477
Rachel Hirst / Andrew Jaques / Ian Payne