Avon Inflatables Statement

Avon 50open

Date: Wednesday 1st October 2008

From: Huw Griffiths, Joint Managing Director, Avon Inflatables Ltd.

‘Further to the announcement of 10th April 2008 that boat manufacturing at Avon Inflatables Ltd (Llanelli) would cease by April 2010, the board of Zodiac Marine & Pool has reviewed the Boats Business Unit reorganisation plan.

The immediate effect of this Review is that over 50 jobs previously destined to be made redundant by April 2010 will now be saved.

While the manufacture of leisure boats will cease as planned by the early part of 2009, Military & Commercial boats will now continue at the Llanelli factory for the foreseeable future.

bb.firetrench.com

ftnews.firetrench.com

bsd.firetrench.com

broadlyrisks.firetrench.com

bg.firetrench.com

ftd.firetrench.com