CMG Croma Grp

RNS Number:3366T
Croma Group PLC
28 October 2005



                                CROMA GROUP PLC
                            ("Croma" or "the Group")
                                        
                            RE SHARE PRICE MOVEMENT
                                        
Pursuant to the Trading Statement announced on Thursday 27 October 2005, the
Board of Croma Group plc, the specialists in the design, development and
production of overt and covert surveillance, security and defence related
products, notes the sharp fall in the Group's share price.

The directors would like to reiterate to all shareholders that Croma has enjoyed
robust trading for the first three months of this financial year.

  * Turnover in the first quarter of the current financial year, which is
    traditionally the quietest, is 191.1% higher like-for-like.

  * Operating losses have been cut by 96.8% from #220,000 to #7,000.

  * EBITDA loss has been cut by 93%.

Croma's order book value, across the Group of #460,000, consists of written
orders from customers for delivery in the current financial year. Total sales
for the first quarter stand in excess of #1 million with live quotations for the
Group's two subsidiaries, Croma Defence Systems Ltd and R&D Design Services
Limited, as at 30 September 2005, at #643,000 and #1,394,000 respectively.
Historically, the quotation conversion rates for Croma Defence Systems Ltd
stands at 40%, with R&D Design Services Ltd at 60%.

Housebroker, Seymour Pierce, will be issuing a broker's note, which will provide
the market with an updated insight into the current position of the Group,
within the next few trading days.

                                    --ENDS--

Enquiries:

Croma Group plc
John French, Chairman & Chief Executive                    Mobile: 07836 722 482

Bishopsgate Communications Ltd.                            Tel: 020 7430 1600
Dominic Barretto                                           Mobile: 07930 450 156
Maxine Barnes                                              Mobile: 07860 489 571

Notes to Editors:

Listed on the AIM market of The London Stock Exchange, Croma Group plc, the
specialists in the design, development,  production and marketing of overt and
covert surveillance and defence related products, comprises of three divisions; 
namely Croma Defence Systems Ltd, Shawley (a division of Croma Defence) and R&D
Design Services Ltd.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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