KBC Kbc Adv.Tech.

RNS Number:6746L
KBC Advanced Technologies plc
28 April 2005


AGM STATEMENT

Immediate release
28 April 2005

                         KBC Advanced Technologies plc
                            ("KBC" or "the Company")

                             AGM RESULTS AND UPDATE

KBC announces that at the Annual General Meeting held on 28 April 2005 all
resolutions were passed.

At the meeting the Chairman, Christopher Powell-Smith, made the following
statement:

Update

As expected, 2005 has seen an improvement in the market conditions for KBC with
new orders worth #8.8m being won in the first quarter. While it is still early
in the year, this represents an advance over the first quarter of 2004.

In March the Company also raised #805,112 by placing 2,403,318 new shares with
institutional shareholders. This provides additional working capital within the
business whilst profitability is being restored.

Board changes

I confirm Peter Plant's retirement as a Non-Executive Director with effect from
today. Peter has served in this capacity since 1994 and for much of that time
acted as Chairman of the Audit Committee. Peter's financial expertise and wise
counsel has been a great benefit to the Company and we would like to thank him
and wish him all the best for the future.

I am also pleased to report that with immediate effect Ian Miller, an
independent Non-Executive Director of the Company, has been appointed Senior
Independent Non-Executive Director and will assume the role of Chairman of the
Audit Committee.

                                     -ends-

Enquiries:

KBC Advanced Technologies plc                                     01932 236314
Christopher Powell-Smith, Chairman
Nicholas Stone, Finance Director

Arden Partners                                                   020 7398 1632
Richard Day



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

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