2007 Highlights

• Significant progress made against strategic objectives, another year of increased sales and substantial improvement in profits and earnings per share.
• All four major divisions deliver good revenue growth - sales in Aerospace and OffHighway up 24% and 20% respectively.
• Exceptional levels of new business secured: $1 billion of new orders for Aerospace and 80% of available business won by GKN Driveshafts.
• Powder Metallurgy profits soften slightly - momentum to recover in 2008.
• Strategic restructuring completes to plan, improving positioning in high growth markets.
• Dividend increased by 5.5% to 13.5p reflecting the Board’s continuing confidence.

* Sales include share of joint ventures. Profit excludes restructuring and impairment charges, amortisation of non-operating intangible assets arising on business combinations, profits and losses on the sale or closures of businesses and changes in the fair value of derivative financial instruments.