RNS Number:2997U
Filtronic PLC
16 January 2004

                              NOTICE OF REDEMPTION

                                 Filtronic plc
           Redemption of $74 million of its 10% Senior Notes due 2005

Filtronic plc (the "Company") hereby announces that it intends to redeem $74
million of its outstanding 10% Senior Notes due 2005 (the "Notes") on February
17, 2004 (the "Redemption Date"), pursuant to Section 12.1 of the Notes'
indenture, dated as of December 21, 1998 among the Company, the Guarantors party
thereto and The Bank of New York, as Trustee (the "Indenture").

The Notes are registered under the U.S. Securities Act of 1933, as amended,
pursuant to a registration statement declared effective on September 29, 1999,
and are listed on the Luxembourg Stock Exchange.

$74,000,000 initial aggregate principal amount of Notes shall be redeemed at a
price equal to 102.5% of the principal amount of such Notes, in each case plus
any additional amounts in respect of withholding taxes, to the extent
applicable, and accrued and unpaid interest thereon, if any, to the Redemption
Date (the "Redemption Price").
                                                                                                 Aggregate
                                                                                                 Principal
                                                                                                  Amount
                                 Aggregate                                                     Outstanding/  
                               Principal Amount                                                  Principal 
                                Outstanding/                                                      Amount
                              Principal Amount                                                 at Maturity 
                             at Maturity Prior    Security   Amount to be                       Following
CUSIP/ISIN/Common Code No.     to Redemption    Description    Redeemed    Redemption Price     Redemption              
                  
CUSIP 317325AC2                 $74,000,000     10% Senior   $74,000,000   $1,025 per $1,000        Nil
ISIN US317325AC28                               Notes due                  initial principal
Common Code 009490108                           2005                       amount plus accrued
                                                                           interest of $21.11
                                                                           per $1,000 plus any
                                                                           additional amounts
                                                                           in respect of
                                                                           withholding taxes
                                                                           and unpaid interest

Collection of the Redemption Price is conditioned upon surrender of the Notes to
The Bank of New York in its capacity as paying agent (the "Paying Agent") at One
Canada Square, London E14 5AL, United Kingdom, at least one business day prior
to the Redemption Date. On the Redemption Date, the Redemption Price will become
due and payable upon each Note redeemed. Unless the Company defaults in paying
the Redemption Price to holders of Notes called for redemption, interest on such
Notes shall cease to accrue on and after the Redemption Date. Thereupon, the
only remaining right of holders of Notes called for redemption shall be the
receipt of the Redemption Price plus accrued interest up to the Redemption Date.

Upon surrender of the Notes, as provided in the Indenture and after the
Redemption Date, the aggregate principal amount of the Notes will be nil.

Upon the redemption, the Paying Agent shall endorse the Schedule to the global
note surrendered for redemption to reflect the decrease in principal or accreted
amount, as the case may be, resulting from such redemption.


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