Lincat Group plc (“Lincat” or “the Company”)

The Board of Lincat, the AIM listed manufacturer of commercial catering appliances, bar equipment and domestic range cookers, is pleased to announce that at the AGM held today all resolutions put to shareholders were duly passed.

During the AGM, Martin Craddock, Chairman, made the following statement:

“The Group’s earnings before interest and tax in the four month period from 1 January 2008 to 30 April 2008 are broadly in line with the same period last year and market expectations. Cash flow remains strong.

As reported previously, on 11 April 2008 we exchanged contracts for the sale of IMC’s vacated Hertfordshire site for a total consideration of £7.5m and simultaneously received a £1m non-refundable deposit from the purchaser. A further non-refundable deposit of £1m is payable in September 2008, with the balance of £5.5m due in June 2009. We anticipate using this final payment to discharge the balance of any outstanding bank loans, leaving the Company ungeared.”

22 May 2008