<SEC-DOCUMENT>0000903423-16-000926.txt : 20160315
<SEC-HEADER>0000903423-16-000926.hdr.sgml : 20160315
<ACCEPTANCE-DATETIME>20160315170806
ACCESSION NUMBER:		0000903423-16-000926
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160315
FILED AS OF DATE:		20160315
DATE AS OF CHANGE:		20160315

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LUXFER HOLDINGS PLC
		CENTRAL INDEX KEY:			0001096056
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL INORGANIC CHEMICALS [2810]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35370
		FILM NUMBER:		161507717

	BUSINESS ADDRESS:	
		STREET 1:		ANCHORAGE GATEWAY
		STREET 2:		5 ANCHORAGE QUAY
		CITY:			SALFORD
		STATE:			X0
		ZIP:			M50 3XE
		BUSINESS PHONE:		44161300-0600

	MAIL ADDRESS:	
		STREET 1:		ANCHORAGE GATEWAY
		STREET 2:		5 ANCHORAGE QUAY
		CITY:			SALFORD
		STATE:			X0
		ZIP:			M50 3XE
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>luxfer-6kearnings_0315.htm
<TEXT>
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<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT><B><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington D.C. 20549</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Report of Foreign Private Issuer</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16
of </B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">For the month of March 2016</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Commission File Number: 001-35370</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Luxfer Holdings PLC</B></P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">(Name of registrant)</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Anchorage Gateway</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Anchorage Quay</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Salford M50 3XE England</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Indicate by check mark whether the registrant
files or</P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">will
file annual reports under cover Form 20-F or Form 40-F.</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Form
20-F </FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#254; </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Form
40-F</FONT><FONT STYLE="font-family: MS Mincho; font-size: 12pt">&#8232;</FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">--</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Regulation S-T Rule 101(b)(1): ____</P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Regulation S-T Rule 101(b)(7): ____</P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">--</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Indicate by check mark whether the registrant
by furnishing the</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">information contained in this Form is
also thereby furnishing the</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">information to the Commission pursuant
to Rule 12g3-2(b) under the</P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Securities
Exchange Act of 1934.</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Yes&nbsp;</FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;
No </FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#254; </FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">--</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0"><BR CLEAR="ALL">
</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B></P>




<P STYLE="font: 18pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 6pt"><B>Luxfer reports fourth-quarter 2015 results </B></P>

<P STYLE="font: 9.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify">SALFORD, England&mdash;(March 15,
2016)&mdash;<B>Luxfer Group (NYSE:LXFR)</B>, a global materials technology company, today issued its unaudited financial results
for the three-month and twelve-month periods ended December 31, 2015.</P>

<P STYLE="font: bold 10pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left; color: #0070C0">UNAUDITED FINANCIAL RESULTS
FOR THE FOURTH QUARTER OF 2015</P>

<P STYLE="font: bold 9pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: bold 9pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left">Results are summarized as follows:</P>

<P STYLE="font: bold 9pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: bold 9pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="2" STYLE="padding-top: 0; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: right; line-height: 115%; padding: 0 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Three-month
    periods</B></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: right; line-height: 115%; padding: 0 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Nine-month
    periods </B></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="text-align: right; line-height: 115%; padding: 0 3 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>ended
    December 31,</B></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: right; line-height: 115%; padding: 0 3 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>ended
    December 31,</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 50%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; text-align: center; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 10%; text-align: center; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>2014</B></FONT></TD>
    <TD STYLE="width: 15%; text-align: center; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 10%; text-align: center; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>2014</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>&nbsp;Net
    revenue (excluding surcharge below)</I></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"></I></B></FONT>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B><I>$107.4m</I></B></P>



<FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I></I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$123.1m</I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$460.3m</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$487.3m</I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>&nbsp;</B><I>Rare earth chemical surcharge</I></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&ndash;</FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$0.3m</I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&ndash;</FONT></I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$2.2m</I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Revenue</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$107.4m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$123.4m</B></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$460.3m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$489.5m</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Trading profit</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$9.5m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$10.7m</B></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$42.3m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$44.8m</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>Trading margin</I></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>8.8%</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>8.7%</I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>9.2%</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>9.2%</I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Operating profit</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$16.3m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$8.2m</B></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$37.9m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$40.9m</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 115%; font-size: 11pt; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 115%; font-size: 11pt; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; background-color: #C6D9F1; line-height: 115%; font-size: 11pt; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 115%; font-size: 11pt; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Net income</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$7.4m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$11.8m</B></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$16.1m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$29.2m</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>Earnings
    per share &ndash; Basic</I><B> </B><SUP>(1) (2)<B> </B></SUP></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$0.28
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$0.44
    </I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$0.60
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$1.09
    </I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Adjusted net income <SUP>(3)</SUP></B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$7.4m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$8.6m</FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$29.5m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$30.9m</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>Adjusted earnings per share &ndash;
    Basic </I><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$0.28
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$0.32 </I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$1.10
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$1.15 </I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 0 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>Adjusted
earnings per share &ndash; Fully diluted </I><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$0.27
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$0.31
    </I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>$1.08
    </I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>$1.11
    </I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Adjusted EBITDA <SUP>(4)</SUP></B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$14.6m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$15.8m</FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$62.2m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$64.8m</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 3 10pt; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>Adjusted
EBITDA margin</I></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>13.6%</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>12.8%</I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>13.5%</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>13.2%</I></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Net
    cash flows from operating activities</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$15.2m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$16.0m</FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$52.8m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">&nbsp;$23.0m</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Net
    debt (total debt less cash)</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$94.7m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$106.8m</FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$94.7m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$106.8m</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding-top: 3; padding-right: 3; padding-bottom: 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>Total equity &ndash; book value (net
    assets)</B></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$169.7m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$106.8m</FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B>$169.7m</B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3 3 0; text-indent: 0"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">$175.4m</FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 115%; padding: 3 3 3 10pt; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>&pound;0.50
ordinary shares outstanding </I></FONT></TD>
    <TD STYLE="background-color: rgb(198,217,241); text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>26.9m</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>27.0m</I></FONT></TD>
    <TD STYLE="background-color: #C6D9F1; text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><B><I>26.9m</I></B></FONT></TD>
    <TD STYLE="text-align: right; line-height: 115%; padding: 3; text-indent: 0; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif"><I>26.9m</I></FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt/93% Arial, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif; margin: 0 30.8pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif; margin: 0 30.8pt 0 25.1pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(1)</SUP></B></FONT></TD><TD STYLE="text-align: justify; padding-right: 30.8pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Basic
earnings per share is calculated by dividing the profit attributable to ordinary shareholders by the weighted average number of
ordinary shares outstanding in the period. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(2)</SUP></B></FONT></TD><TD STYLE="text-align: justify; padding-right: 30.8pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Following
the approval of a two-for-one share split at the Annual General Meeting on May 29, 2014 and change in ADR ratio on June 9, 2014,
the nominal value of each ordinary share is &pound;0.50 and now represents 1 American Depositary Share (ADS), resulting in the
earnings per ordinary share being equivalent to the earnings per ADS. The ADSs are listed on the NYSE under the ticker &ldquo;LXFR&rdquo;.
Under IAS 33, the number of shares used in the earnings per share calculations for the prior periods shown has been adjusted to
achieve comparability. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(3)</SUP></B></FONT></TD><TD STYLE="text-align: justify; padding-right: 30.8pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Adjusted
net income consists of net income for the period adjusted for the post tax impact of non-trading items, including IAS&nbsp;19R
retirement benefits finance charge, certain accounting charges relating to acquisitions and disposals of businesses (comprising
other income / (expense) from acquisitions and disposals of businesses, the unwind of the discount on deferred contingent consideration
from acquisitions and the amortization on acquired intangibles), changes to U.K. defined benefit pension plan, restructuring and
other expense and other share based compensation charges. A reconciliation to net income is disclosed in Note 4 of this release
&ldquo;Reconciliation of non-GAAP measures&rdquo;. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(4)</SUP></B></FONT></TD><TD STYLE="text-align: justify; padding-right: 30.8pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Adjusted
EBITDA is defined as profit on operations before tax for the period, finance income (which comprises interest received) and costs
(which comprises interest costs, IAS 19R retirement benefits finance charge and the unwind of the discount on deferred contingent
consideration from acquisitions), other income / (expense) from acquisitions and disposals of businesses, changes to U.K. defined
benefit pension plan, restructuring and other expense, other share based compensation charges, depreciation and amortization and
loss on disposal of property, plant and equipment. A reconciliation to net income is disclosed in Note 4 of this release &ldquo;Reconciliation
of non-GAAP measures&rdquo;.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91"><B>ABOUT LUXFER GROUP</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Luxfer Group is a global materials technology
group specializing in the design and manufacture of high-performance materials, components and high-pressure gas-containment devices
for environmental, healthcare, protection and specialty end-markets. Luxfer customers include both end-users of its products and
manufacturers that incorporate Luxfer products into finished goods. For more information, visit <FONT STYLE="color: Blue"><U>www.luxfer.com</U></FONT>.</P>

<P STYLE="font: 9pt/8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Luxfer Group is listed on the New York Stock
Exchange, and its American Depositary Shares (ADSs) trade under the ticker LXFR.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91"><B>CONTACTS</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Investor and news agency communications
should initially be directed to <B>Dan Stracner, Director of Investor Relations,</B> U.S. telephone number: +1 951 341 2375; email:
dan.stracner@luxfer.net.</P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; color: #17365D"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; color: #17365D"><B>FORWARD-LOOKING STATEMENTS</B></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 3pt; text-align: justify; color: #1F497D"><U>This release contains
forward-looking statements.</U></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>Examples of such forward-looking
statements include, but are not limited to:</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>(i) statements regarding
the Group&rsquo;s results of operations and financial condition;</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>(ii) statements of plans,
objectives or goals of the Group or its management, including those related to financing, products or services;</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>(iii) statements of future
economic performance; and</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>(iv) statements of assumptions
underlying such statements. Words such as &ldquo;believes&rdquo;, &ldquo;anticipates&rdquo;, &ldquo;expects&rdquo;, &ldquo;intends&rdquo;,
&ldquo;forecasts&rdquo; and &ldquo;plans&rdquo; and similar expressions are intended to identify forward-looking statements but
are not the exclusive means of identifying such statements.</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>&nbsp;</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>By their very nature,
forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions,
forecasts, projections and other forward-looking statements will not be achieved. The Group cautions that a number of important
factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed
in such forward-looking statements. These factors include, but are not limited to: (i) future revenues being lower than expected;
(ii) increasing competitive pressures in the industry; (iii) general economic conditions or conditions affecting demand for the
services offered by us in the markets in which we operate, both domestically and internationally, being less favorable than expected;
(iv) worldwide economic and business conditions and conditions in the industries in which we operate; (v) fluctuations in the cost
of raw materials and utilities; (vi) currency fluctuations and hedging risks; (vii) our ability to protect our intellectual property;
and (viii) the significant amount of indebtedness we have incurred and may incur and the obligations to service such indebtedness
and to comply with the covenants contained therein.</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>&nbsp;</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #3A669C"><I>The Group cautions that
the foregoing list of important factors is not exhaustive. These factors are more fully discussed in the sections &ldquo;Forward-Looking
Statements&rdquo; and &ldquo;Risk Factors&rdquo; in our annual report on Form 20-F for the year ended December 31, 2014, filed
with the U.S. Securities and Exchange Commission on March 19, 2015. When relying on forward-looking statements to make decisions
with respect to the Group, investors and others should carefully consider the foregoing factors and other uncertainties and events.
Such forward-looking statements speak only as of the date on which they are made, and the Group does not undertake any obligation
to update or revise any of them, whether as a result of new information, future events or otherwise.</I></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">BUSINESS REVIEW</P>

<P STYLE="font: 11pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">Fourth-quarter results</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif; color: red"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>2014</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 37%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Group</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Group</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Revenue</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>57.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>50.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>107.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">65.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">58.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">123.4</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Net revenue (excluding RE surcharge)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>57.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>50.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>107.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">65.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">58.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">123.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Trading profit</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">9.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">10.7</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Return on Sales % (Trading profit/Revenue)</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.4%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>14.0%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>8.8%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">16.8%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">8.7%</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Adjusted EBITDA<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>10.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>14.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">3.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">12.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">15.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Adjusted EBITDA margin % </B></P>
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>(Adjusted EBITDA/Revenue)</B></P></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>8.0%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>20.0%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>13.6%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">4.9%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">21.6%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">12.8%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0 30.9pt 0 24.95pt; text-align: justify; text-indent: -17.85pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(1)</SUP></B></FONT><B><SUP><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></SUP></B><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif">With respect to adjusted EBITDA for the
Group, a reconciliation to net income is disclosed in Note 4 of this release &ldquo;Reconciliation of non-GAAP measures&rdquo;,
and with respect to adjusted EBITDA for the Gas Cylinders Division and Elektron Division, a reconciliation to trading profit is
disclosed in Note 1 of this release &ldquo;Revenue and segmental analysis&rdquo;. </FONT></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>Revenue:</I></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">On an IFRS-reported basis, revenue
in Q4 2015 was $107.4m compared to $123.4m for the same period in 2014. FX translation differences in the quarter were adverse
by $3.8m, and the rare earth surcharge decreased by $0.3m to $nil following the fall in rare earth prices. Adjusted for FX translation,
net revenue was $11.9m lower than in Q4 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Gas Cylinders Division revenue in
Q4 2015 was $57.3m compared to $65.0m in Q4 2014. FX translation differences were adverse by $2.4m, and other revenues were $5.3m
lower. After adjusting for FX translation, revenues declined $5.3m compared to Q4 2014.</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The financial performance of our North
American portable composite cylinder operation improved compared to Q4 2014 due to stronger sales into the self-contained breathing
apparatus (SCBA) market. This continued the trend that began earlier in 2015 once our larger customers had received approvals for
their new breathing equipment designs, the delays in such approvals having been a major problem for the industry during 2014.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Overall AF sales were slightly down on
Q4 2014. North American sales, however, were up significantly on Q4 2014. Our European operations continued to suffer from very
weak demand in this sector, and actions to close the German AF manufacturing facility were completed on time by the end of 2015.
</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Medical composite cylinder sales were lower
in the quarter due to lower European demand.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT>&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Despite revenue being adversely affected
by FX translation, unit sales of our aluminum cylinders were slightly higher compared to Q4 2014.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Superform&rsquo;s revenues were below those
in Q4 2014, but formed goods sales were strong; the reduction was due to lower tooling revenue.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Elektron Division revenue was $50.1m
in Q4 2015 compared to $58.4m in Q4 2014. Rare earth surcharges were $nil compared to $0.3m in Q4 2014. FX translation differences
were an adverse $1.4m, and other revenues were $6.6m or 11.6% lower.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In August 2015, our magnesium operations
launched SoluMag<SUP>&reg;</SUP>, a proprietary, high-strength soluble magnesium alloy developed specifically for the oil and gas
industry to save costs in down-well tools that will quickly and safely dissolve after use. We achieved our first sales of this
patent-pending product in Q4 2015. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT>&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">After several stronger quarters, our magnesium
powder operations reported lower overall revenues in Q4 2015. Luxfer Magtech, however, was up, through increased sales of its HeaterMeals<SUP>&reg;</SUP>
products.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Revenues from our lower-margin magnesium
recycling operation were down significantly in Q4 2015 compared to prior year due to a customer opting, for the moment, to sell
its scrap rather than recycle.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Although high-performance alloys and extrusions
showed some improvement over Q3 2015, they remained below prior year, due to lower activity in helicopter manufacturing and refurbishment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT>&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Zirconium automotive catalysis revenues
were lower compared to Q4 2014. This was offset to some extent by higher revenue from chemical catalysis products used in industrial
pollution control and other applications.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>Trading profit:</I></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 115%">Trading
profit was $9.5m in Q4 2015 compared to $10.7m in Q4 2014. Improvements in the SCBA composite cylinder market and initial SoluMag</FONT><SUP>&reg;<FONT STYLE="font-size: 10pt; line-height: 115%">
</FONT></SUP><FONT STYLE="font-size: 10pt; line-height: 115%">sales were offset by lower sales of other magnesium and zirconium
products. FX translation differences improved trading profit by $0.2m; however, FX transaction had an adverse effect, reducing
trading profit by $0.3m.</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Gas Cylinders Division trading profit
was $2.5m, $1.6m higher compared to Q4 2014.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Profitability improved due to lower-cost
raw materials. We also continued to benefit from cost-reduction actions implemented earlier in 2015 that generated fixed-cost savings
compared to Q4 2014.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In Q4 2014, we recognized an impairment
charge of $2.0m against a trade receivable from a customer in the AF market. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">FX translation differences improved trading
profit by $0.1m.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Elektron Division trading profit
in Q4 2015 was $7.0m, $2.8m lower compared to Q4 2014.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">FX transaction differences had an adverse
impact of $0.3m, primarily as a result of the Euro weakening against the U.S. dollar; however, this was offset in part by a favorable
translation impact of $0.1m. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Lower sales of our automotive catalysis
products impacted profits from our zirconium chemicals operations, and lower sales in the magnesium alloy and powder businesses
also adversely affected profits.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The impact of lower sales was partly offset
by fixed-cost savings initiatives across the division.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">Changes to U.K. defined benefit pension plan</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">During Q4 2015, following a consultation
with members, it was agreed with the trustees that the defined benefit Luxfer Group Pension Plan in the U.K. would close to future
accrual of benefits effective from April 5, 2016. It was also agreed, for the purpose of increasing pensions in payment, to use
the Consumer Prices Index (&ldquo;CPI&rdquo;) as the reference index in place of the Retail Prices Index (&ldquo;RPI&rdquo;) where
applicable. As a result, in Q4 2015, we recognized a non-cash curtailment gain of $3.3m in respect of the closure of the plan to
future accrual, and a non-cash past service gain of $14.9m in respect of the change in expected future pension increases in payment,
net of advisory costs of $0.2m. These adjustments reflect a permanent benefit to the financial position of the pension plan and
therefore reduce the deficit.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Restructuring and other
expense</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As disclosed in our Q1 2015 release, we
decided to rationalize our AF facilities and concentrate manufacturing in Canada and California since the near-term outlook for
the sector had deteriorated as the price of oil had collapsed, and there was little sign of any recovery. Our Utah manufacturing
plant ceased production at the end of March 2015, and in the second half of the year worked towards closure of our plant in Germany,
which we completed on time at the end of 2015. We are charging costs of this rationalization program through the income statement
line item &ldquo;Restructuring and other expense.&rdquo;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In Q4 2015, we had additional accounting
charges of $10.6m with respect to this restructuring program, bringing the total year-to-date charge to $21.8m, of which $17.7m
is non-cash impairment of assets and $4.1m relates to restructuring expenses, including employee severance payments. The cash expenditure
to date is $2.1m, with the balance of $2.0m expected to be paid in Q1 2016.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Update on virtual pipeline
project in Australia</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As discussed in our Q2 2015 release, the
Australian company Sub161 Pty Limited (&lsquo;Sub161&rsquo;), which has an outstanding trade payable to Luxfer, achieved a recapitalization
of its business in early July 2015. Luxfer participated in that recapitalization, contributing $3.7m in cash and a number of non-cash
AF assets with an original value of $1.7m for a 26.4% equity stake. Luxfer has appointed a director to the board of Sub161 and
is accounting for the investment as an associate. Sub161 is</P>


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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">actively pursuing new opportunities in
the Australian mining market, but given the weakness in this sector, those opportunities are likely to take time to realize. We
have therefore included the investment and trade receivable in our review of our AF assets as part of the restructuring of that
business stream, writing down the book value of the investment and receivable to what we believe would be recoverable in a worst-case
scenario. These impairment charges would be reversed on any sale or realization of value of these assets in future years.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Other income statement
items</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Gross profit in Q4 2015 was $23.3m
compared to $28.1m in Q4 2014, reduced by $0.6m due to FX translation differences, with other trading variances being an adverse
$4.2m. This reduction in gross profit in Q4 2015 compared to Q4 2014 was primarily due to the corresponding reduction in overall
sales and lower proportion of relatively higher-margin Elektron Division sales. The gross margin percentage decreased from 22.8%
in Q4 2014 to 21.7% in Q4 2015, again primarily due to a lower proportion of relatively higher-margin Elektron Division sales.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Distribution costs at $1.8m were
level with Q4 2014. Administrative expenses were $4.2m lower than in Q4 2014, primarily because of cost-saving initiatives implemented
earlier in the year throughout the Group.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Trading profit in Q4 2015 was $9.5m,
down $1.2m on Q4 2014, as explained above.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Group operating profit at $16.3m
increased $8.1m compared to $8.2m in Q4 2014, primarily due to the $18.0m net benefit in relation to changes to the U.K. defined
benefit pension plan.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Group adjusted EBITDA (as reconciled
to net income in Note 4 of this release) for the quarter was $14.6m, $1.2m lower than Q4 2014, attributable to a $2.6m decrease
for the Elektron Division, which was partly offset by a $1.4m increase for the Gas Cylinders Division. FX translation adversely
impacted adjusted EBITDA $0.2m.</P>

<P STYLE="font: 11pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Operating profit to net
income</P>

<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In Q4 2015, we incurred $1.9m of advisory costs, of which $1.8m
related to two approaches to acquire the company.&nbsp; Neither of these approaches resulted in an executable offer that could
be put to shareholders. In Q4 2014, we recognized a $6.3m credit related to the re-measurement of deferred contingent
consideration on the acquisition of Luxfer Magtech.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The net interest charge in Q4 2015 was
$1.8m compared with $1.6m in Q4 2014 due to higher levels of borrowing. The IAS 19R retirement benefits charge was consistent with
Q4 2014 at $0.7m.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Profit on operations before tax was $11.8m
in Q4 2015 compared to $12.2m in Q4 2014. Tax expense was $4.4m (Q4 2014: $0.4m) and the statutory effective tax rate was 37.3%
(Q4 2014: 3.3%). This rate was distorted in Q4 2015 because the AF restructuring and other expenses did not lead to a full tax
credit due to losses in AF operations. The Q4 2014 effective tax rate was distorted by the $6.3m deferred contingent consideration
re-measurement credit not being taxable and by utilization of previously unrelieved U.K. tax loses. The effective tax rate for
the year on underlying adjusted net profits, which excludes these distorting items, was 12.9% (2014: 24.4%).</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Net income in the period was $7.4m, a decrease
of $4.4m from $11.8m in Q4 2014. Adjusted net income in Q4 2015 was $7.4m, a decrease of $1.2m from $8.6m in<FONT STYLE="color: red">
</FONT>Q4 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Unadjusted basic earnings per ADS in Q4
2015 were $0.28 (see Note 5 of this release). Fully diluted adjusted earnings per ADS, which is the EPS used by management to measure
underlying performance, were $0.27.</P>


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<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Cash flow and net debt</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There was a net decrease in cash and cash
equivalents of $2.4m in Q4 2015 compared to a net decrease in Q4 2014 of $0.4m. Cash balances remained relatively high at the end
of Q4 2015 at $36.9m compared to $14.6m at the end of Q4 2014. The net debt position, being total debt less cash, is a more accurate
measure of total liquidity changes; this was lower at $94.7m (see Note 2 of this release) for the end of Q4 2015 compared to $97.6m
at Q3 2015 and $106.8m at Q4 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Net cash flows from continuing operating
activities were an inflow of $15.2m in Q4 2015 compared to an inflow of $16.0m in Q4 2014. We achieved a cash inflow of $6.1m by
reducing working capital in Q4 2015, compared to an inflow of $7.0m in Q4 2014. The inflow in Q4 2015 resulted from continued focus
on better management of our working capital requirements.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Net cash used in investing activities was
$7.4m in Q4 2015 compared to $7.3m in Q4 2014. Purchases of property, plant and equipment were broadly consistent with Q4 2014,
resulting in a cash outflow of $6.6m in Q4 2015 (Q4 2014: $6.3m).</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The above trading activities resulted in
a net cash inflow before financing of $7.8m in Q4 2015 compared to an inflow of $8.7m in Q4 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash flows from financing activities in
Q4 2015 were a net outflow of $10.2m compared to a net outflow of $9.1m in Q4 2014. During Q4 2015, $1.7m of interest was paid
to debt-holders, compared to $1.7m in Q4 2014, and $2.7m of dividends were paid to shareholders in both Q4 2015 and Q4 2014. In
Q4 2015, we made net repayments on our banking facilities of $5.9m, compared to net repayments of $4.7m in Q4 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Total cash flow movements were a net outflow
of $2.4m in Q4 2015 compared to a $0.4m outflow in Q4 2014. Net foreign exchange differences were an adverse $0.3m in Q4 2015 compared
to an adverse difference of $0.4m in Q4 2014. We had $36.9m of cash and cash equivalents as at December 31, 2015, compared to $14.6m
as at December 31, 2014. Surplus cash has been and may in future periods be used to repay some of the banking revolver loans.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #365F91">Share buy-back program</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In June 2015, the Board announced a share
buy-back program of up to $10m to cover the needs of employee share plans. Shareholder approval for this program was granted at
the 2014 Annual General Meeting (for repurchases up to an aggregate amount of 2,700,000 ordinary shares or ADSs). The extent of
the program will be kept under review and will depend on continued good operating cash flows, applicable securities laws, regulatory
considerations and other factors.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As at December 31, 2015, the Group had
purchased 146,804 shares, with all the purchases in Q2 2015, at a cost of $1.9m under this program; these are presented as treasury
shares in the balance sheet. In 2016, the Group has continued this program and at the date of this report had purchased a further
590,837 shares at a cost of $6.0m; therefore of the budget of $10m for this program, $2.1m now remains.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; color: #365F91">Twelve-month periods
ended December 31</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif; color: red"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif"><B>2014</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 37%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Group</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Group</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Revenue</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>239.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>221.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>460.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">258.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">230.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">489.5</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Net revenue (excluding RE surcharge)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>239.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>221.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>460.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">258.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">228.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">487.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Trading profit</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>8.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>33.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>42.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">5.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">38.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">44.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Return on Sales % (Trading profit/Revenue)</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.6%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>15.2%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.2%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.3%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">16.9%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">9.2%</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: justify"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Adjusted EBITDA<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>16.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>45.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>62.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">14.7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">50.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">64.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Adjusted EBITDA margin % </B></P>
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>(Adjusted EBITDA/Revenue)</B></P></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>6.9%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>20.7%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>13.5%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">5.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">21.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">13.2%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/9pt Calibri, Helvetica, Sans-Serif; margin: 0 30.9pt 0 25.1pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><SUP>(1)</SUP></B></FONT><B><SUP><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></SUP></B><FONT STYLE="font: 7pt Arial, Helvetica, Sans-Serif">With respect to adjusted EBITDA for the
Group, a reconciliation to net income is disclosed in Note 4 of this release &ldquo;Reconciliation of non-GAAP measures&rdquo;,
and with respect to adjusted EBITDA for the Gas Cylinders Division and Elektron Division, a reconciliation to trading profit is
disclosed in Note 1 of this release &ldquo;Revenue and segmental analysis&rdquo;. </FONT></P>

<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On an IFRS-reported basis, revenue in the
twelve-month period was $460.3m compared to $489.5m for the same period of 2014. During the period, the rare earth surcharges declined
from $2.2m to $nil following the fall in rare earth prices, and net revenue fell by $27.0m. Adverse FX translation reduced revenue
by $24.6m, offset in part by the contribution from Luxfer Magtech (purchased at the end of July 2014), which added an additional
$15.1m. Other revenue changes of $17.5m accounted for the remainder of the shortfall.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 115%">This
2015 decline in revenues, which was primarily due to previously reported challenges in the AF, aerospace alloys, and automotive
catalysis markets, has been partly offset by improved sales of composite SCBA cylinders in North America and the launch of the
new magnesium SoluMag</FONT><SUP>&reg;</SUP><FONT STYLE="font-size: 10pt; line-height: 115%"> alloy.</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Gross profit in the twelve-month period
was $104.0m compared to $112.9m for the same period in 2014. The gross margin percentage decreased from 23.1% in 2014 to 22.6%
in 2015, primarily due to adverse FX differences and sales mix.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Trading profit in the twelve-month period
was $42.3m compared to $44.8m for 2014, a decline of $2.5m, or 5.6%. FX differences adversely impacted profit by $2.8m, being $0.8m
translation and $2.0m transaction. The benefit of the Luxfer Magtech acquisition for the full twelve-month period in 2015 was offset
by reduced profits from our zirconium chemicals operations and the impact of losses in our AF operations.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Operating profit was $37.9m in the twelve-month
period, a decrease of $3.0m compared to the same period in 2014, primarily due to restructuring costs relating to the Gas Cylinders
Division.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Profit on operations before tax in the
twelve-month period was $25.6m compared to $36.3m for the same period in 2014. Tax expense was $9.5m compared to $7.1m for the
same period in 2014. The effective tax rate for 2015 increased to 37.1%, primarily because the $21.8m of AF restructuring and other
expenses did not lead to a full tax credit due to losses in AF operations. The effective tax rate for 2014 decreased to 19.6%,
primarily because the $6.3m deferred contingent consideration re-measurement credit was not taxable. The effective tax rate on
adjusted net income, which excludes these distorting items, was 22.6% in 2015 compared to 23.7% for 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Net income in the twelve-month period was
$16.1m compared to $29.2m for the same period in 2014, primarily due to the lower trading in the AF and automotive catalysis markets,
partially offset by the full twelve-month period contribution of Luxfer Magtech.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Adjusted net income (as reconciled to net
income in Note 4 of this release) in the twelve-month period was $29.5m compared to $30.9m for the same period in 2014.</P>


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<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Adjusted EBITDA (as reconciled to net income
in Note 4 of this release) in the twelve-month period was $62.2m compared to $64.8m for the same period in 2014. The FX impact
was $3.8m adverse, so at constant exchange rates, adjusted EBITDA was up $1.2m or 1.9%. Net cash inflow from operating activities
in the twelve-month period was $52.8m compared to $23.0m for the same period in 2014. The $29.8m increase in operating cash flow
was predominantly due to a $7.1m reduction in working capital, compared to a $18.2m increase in working capital in the same period
in 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91">Strategic product development update</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; color: #365F91"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Following the recent issuance of
an updated design standard allowing the use of certain magnesium alloys in the construction of commercial aircraft seating, we
continue to see considerable interest in our alloys for this application. Our main focus at the moment is on improving the seat
manufacturers&rsquo; &lsquo;buy-to-fly&rsquo; ratio on components that could be made from our material. This is particularly important
given the lower fuel costs currently being enjoyed by airlines.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Clinical trials involving our SynerMag<SUP>&reg;</SUP>
bio-absorbable alloys, which are intended to facilitate in-body repairs and to be harmlessly absorbed and excreted, have been publicly
reported by BIOTRONIK, our biotechnology partner, to be going well. We currently expect the first SynerMag<SUP>&reg;</SUP> containing
medical device, BIOTRONIK&rsquo;s &lsquo;Magnesium Scaffold&rsquo; cardiovascular stent, to receive CE approval during 2016, with
a European launch later this year.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Following
final modifications to our SmartFlow</FONT><FONT STYLE="font-size: 8pt"><SUP>TM</SUP> </FONT><FONT STYLE="font-size: 10pt">miniaturized
regulator, our medical oxygen delivery system has been submitted for the rigorous testing required to achieve CE marking. We expect
the product to be on sale later in 2016.</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">We were unsuccessful in 2012 and
2013 in raising much interest in the diesel catalysis products that we developed to cope with more stringent NOx-reduction requirements
of the then-forthcoming Euro VI emission regulations. Recent developments indicating potential limitations of the technology currently
used by the industry to control NOx emissions from diesel emissions has caused us to renew promotion of our materials.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">While the market for compressed
natural gas (&ldquo;CNG&rdquo;) transport modules is currently depressed, we are seeing growth in demand for hydrogen-containing
devices, where operating pressures tend to be higher and where we feel that we have a significant technical lead. Nevertheless,
CNG is expected to remain an important market for us, and we expect to launch our second-generation Type 4 cylinders (lighter in
weight and with increased capacity) during Q2 2016.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 115%">Our
SoluMag</FONT><SUP>&reg;</SUP><FONT STYLE="font-size: 10pt; line-height: 115%"> dissolvable alloy for the oil and gas industry
has generated considerable interest as a result of its ability to reduce costs. Even though exploration activity is weak, we have
already had repeat orders, and customers are looking at wider applications for the product in down-well tooling. </FONT></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; color: #365F91"><B>SUMMARY &amp;
OUTLOOK FOR 2016</B></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Several markets that were weak in
2014 (e.g. U.S. SCBA and military powders) have, as predicted, improved in 2015. The collapse in the price of oil during the second
half of 2014, however, had a material adverse effect on our business in 2015. Losses in our alternative fuel business continued
through most of the year, and lower activity in the oil and gas sector caused demand for some end-products, including helicopters,
to decline, affecting our alloys business. We also suffered from much weaker demand for automotive catalyst chemicals. Despite
these challenges our 2015 profits (trading profit, adjusted EBITDA and EPS), at constant exchange rates, improved on 2014.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">We recognized early the need to
rationalize our AF manufacturing facilities, and it is pleasing to be able to report that the restructuring program is now complete,
and that our restructured AF business is</P>


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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">expected to generate profit during
2016. The consequential asset impairments were painful, but the cash cost of the exercise was as forecast.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">We have concluded that over the
last three years, following the rare earth price crisis, we have lost market share, and we have now instigated court action against
a third party that we believe has won business by undercutting us with an auto-catalysis product that infringes our intellectual
property (for more information, please see the Luxfer press release issued on October 30, 2015).</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Cash flow generation has improved
significantly since the start of the second half of 2014. Long-term cash flow generation remains a priority, though much of the
short term gains from reductions in working capital have now been realized.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Capital investment plans are being
tightly controlled, and can be trimmed if the need arises, but we are currently planning expenditure of around $22 - 24m in 2016.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">There are concerns over global economic
growth, and the oil and gas industry seems likely to remain depressed. U.S. defense spending is forecast to increase, although
the impact on 2016 may be minor.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Exchange rates have been problematic
for us during 2015, with the weakness of the Euro against both GBP sterling and the U.S. dollar hurting reported profitability.
While the absolute rates are still not helpful, GBP sterling has weakened against the other two currencies in the last few months,
so the expected impact on 2016 Euro exports is now much less severe than feared when we reported on Q3 2015. Lower commodity and
energy costs are expected to continue during 2016, providing an offset to the continued weakness of some sectors.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">Overall the 2016 trading profit
(i.e. operating profit before restructuring and other expense) is expected to increase by between 5% and 10% on the underlying
2015 result, with improvements in both our Gas Cylinders and Elektron divisions.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 115%">We
expect 2016 to be an exciting year for us, with the launch of a number of important products (including Type 4 GEN2 cylinders,
the bio-absorbable stent and the advanced oxygen system) that we have been working on for several years, as well as the first full
year of sales of our new cost-reducing SoluMag</FONT><SUP>&reg;</SUP><FONT STYLE="font-size: 10pt; line-height: 115%"> alloy. </FONT></P>


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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; background-color: #004490; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="color: white; font: italic 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">CONSOLIDATED
        INCOME STATEMENT FOR THE THREE-MONTH AND TWELVE-MONTH PERIODS ENDED </FONT></P>
        <P STYLE="color: white; font: italic 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">DECEMBER
        31, 2015 AND 2014</FONT></P>
        <P STYLE="color: white;font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">(UNAUDITED)</P></TD></TR>
</TABLE>


<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Three-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Twelve-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>CONTINUING OPERATIONS</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>REVENUE</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>107.4</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">123.4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>460.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">489.5</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Cost of sales</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(84.1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(95.3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(356.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(376.6)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Gross profit</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>23.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">28.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>104.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">112.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Distribution costs</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.8)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(7.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(8.1)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Administrative expenses</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(11.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(15.6)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(52.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(59.7)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Share of results of joint ventures and associates</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(1.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.3)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>TRADING PROFIT</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">10.7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>42.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">44.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(11.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(2.5)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(22.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(3.9)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>OPERATING PROFIT</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>16.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">8.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>37.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">40.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Other income / (expense):</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisitions and disposals</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">6.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(2.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">4.5</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finance income:</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest received </FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>0.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.5</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finance costs:</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest costs</FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(7.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(6.6)</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IAS 19R retirement benefits finance charge</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.7)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.7)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(3.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(2.7)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unwind of discount on deferred contingent consideration from acquisitions</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(0.4)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.3)</FONT></TD></TR>
<TR>
    <TD COLSPAN="5" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>PROFIT ON OPERATIONS BEFORE TAXATION</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>11.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">12.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>25.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">36.3</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Tax expense</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(4.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(9.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(7.1)</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>NET INCOME FOR THE PERIOD</B></FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>Attributable to:</B></FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Equity shareholders</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>NET INCOME FOR THE PERIOD</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Accounting charges relating to acquisitions and disposals of businesses:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unwind of discount on deferred contingent consideration from acquisitions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>0.4</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisitions and disposals </FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(6.3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>2.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(4.5)</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization on acquired intangibles</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>1.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.6</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">0.7</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>3.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>11.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">2.5</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>22.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">3.9</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Other share based compensation charges</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>1.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">1.6</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">Tax thereon</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>0.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">(2.9)</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>ADJUSTED NET INCOME</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">8.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif"><B>29.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif">30.9</FONT></TD></TR>
<TR>
    <TD STYLE="width: 47%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD></TR>
</TABLE>
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<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>


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    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="color: white; font: italic 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">CONSOLIDATED
        STATEMENT OF COMPREHENSIVE INCOME FOR THE<BR>
        THREE-MONTH AND TWELVE-MONTH PERIODS ENDED </FONT></P>
        <P STYLE="color: white; font: italic 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">DECEMBER
        31, 2015 AND 2014</FONT></P>
        <P STYLE="color: white; font: 12pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">(UNAUDITED)</P></TD></TR>
</TABLE>


<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><FONT></FONT></P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Three-month
    periods<BR>
 ended December 31,</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Twelve-month periods<BR>
&nbsp;ended December 31,</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Net income for the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Other comprehensive income movements</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Exchange movements on translation of foreign operations</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(2.8)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(5.1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(8.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(10.8)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Fair value movements in cash flow hedges</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(5.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.4</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Transfers to income statement on cash flow hedges</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Exchange differences on translation of hedging reserve</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.2</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred tax on cash flow hedges</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Hedge accounting income movements</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(4.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Total hedge accounting and translation of foreign operations movements</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(4.0)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(5.0)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(13.0)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(9.6)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Remeasurement of defined benefit retirement plans </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>8.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(10.3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(35.4)</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred tax on remeasurement of defined benefit retirement plans</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(2.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">3.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">8.9</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0pt; text-align: right; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Retirement benefits changes </B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0pt; text-align: right; vertical-align: bottom">

       <FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>6.4</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(7.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(26.5)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Total other comprehensive income movements for the period</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.4</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(12.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(10.1)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(36.1)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Total comprehensive income for the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>6.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(6.9)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Attributed to:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Equity shareholders</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>6.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 0pt; padding-left: 5.4pt; text-align: right; line-height: 115%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(6.9)</FONT></TD></TR>
<TR>
    <TD STYLE="width: 43%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 2%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 4%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-bottom: 0pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>


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<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; background-color: #004490; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="color: white; font: italic 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">CONSOLIDATED
        BALANCE SHEET AS OF </FONT></P>
        <P STYLE="color: white; font: italic 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-style: normal">DECEMBER
        31, 2015 AND 2014</FONT></P>
        <P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; color: white">(UNAUDITED)</P></TD></TR>
</TABLE>


<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 55%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt/150% Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 15%; padding-right: 5.4pt; padding-left: 3pt; font: 8pt/150% Times New Roman, Times, Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt/150% Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>December 31, </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt/150% Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">December 31,</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Non-current assets</B></FONT></TD>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>136.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">143.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Intangible assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>87.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">93.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">7.4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred tax assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>13.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">19.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>244.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">263.7</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Current assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Inventories</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>91.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">104.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Trade and other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>62.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">73.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Income tax receivable</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>36.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">14.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>191.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">194.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Assets classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>435.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">459.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>EQUITY AND LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Capital and reserves</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Ordinary share capital</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>25.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">25.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred share capital</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>150.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">150.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Share premium account</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>56.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">56.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Treasury shares</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Retained earnings</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>316.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">308.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Own shares held by ESOP</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Other capital reserves</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">3.7</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Hedging reserve</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(3.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Translation reserve</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(44.8)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(36.2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Merger reserve</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(333.8)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(333.8)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Capital and reserves attributable to the Group&rsquo;s equity shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>169.7</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">175.4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Total equity</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>169.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">175.4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Non-current liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Bank and other loans</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>131.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">121.4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Retirement benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>58.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">90.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred tax liabilities </FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Deferred contingent consideration</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Provisions</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>196.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">219.0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Current liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Trade and other payables</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>65.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">62.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Current income tax liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.5</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Provisions</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>69.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">65.4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Total liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>266.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">284.4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>TOTAL EQUITY AND LIABILITIES</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>435.7</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt/150% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">459.8</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; background-color: #004490; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-top: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; font: italic 10pt/115% Cambria, Times, Serif; text-align: center; color: #404040"><FONT STYLE="font: normal 12pt/115% Arial, Helvetica, Sans-Serif; color: white">CONSOLIDATED CASH FLOW STATEMENT FOR THE THREE-MONTH AND TWELVE-MONTH PERIODS ENDED DECEMBER 31, 2015 AND 2014 (UNAUDITED)</FONT></TD></TR>
</TABLE>


<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Three-month periods </B></P>
        <P STYLE="font: 6pt/11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Twelve-month periods </B></P>
        <P STYLE="font: 6pt/11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>RECONCILIATION OF CASH FLOWS FROM CONTINUING OPERATING ACTIVITIES</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net income for the period </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Adjustments to reconcile net income for the period to net cash flows from continuing operating activities: </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Income taxes</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.9</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>6.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">7.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Deferred income taxes </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>4.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>3.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Depreciation and amortization </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>4.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">4.9</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>18.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">18.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Loss on disposal of property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Share based compensation charges </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net interest costs </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.6</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>6.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">6.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Non-cash restructuring charges</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>9.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>17.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Curtailment and past service credits on retirement benefits obligations</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(18.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(18.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>3.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Acquisitions and disposals </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(6.3)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>2.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(4.5)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Unwind of discount on deferred contingent consideration from acquisitions</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Share of results of joint ventures and associates</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Changes in operating assets and liabilities: </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-indent: 15.9pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Sale / (purchase) of assets classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-indent: 15.9pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Decrease / (increase) in receivables</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>7.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">3.7</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>5.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(7.8)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-indent: 15.9pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Decrease / (increase) in inventories </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">8.7</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>3.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(8.5)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-indent: 15.9pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Decrease in payables</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(5.4)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.9)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Movement in retirement benefits obligations </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.5)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(8.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(10.4)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Movement in provisions </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Acquisition and disposal costs paid</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.6)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Income tax paid </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.7)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(5.1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(7.0)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>NET CASH FLOWS FROM CONTINUING OPERATING ACTIVITIES </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>15.2</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">16.0</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>52.8</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">23.0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>CASH FLOWS FROM INVESTING ACTIVITIES </B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchases of property, plant and equipment </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(6.6)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(6.3)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(15.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(20.4)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchases of intangible assets </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.1)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.9)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Investment in joint ventures &ndash; debt funding</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Investment in associates</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(3.7)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Interest income received from joint ventures</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net cash flow on purchase of businesses</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(58.0)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>NET CASH FLOWS FROM INVESTING ACTIVITIES</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(7.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(7.3)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(21.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(79.8)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>NET CASH FLOWS BEFORE FINANCING </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>7.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">8.7</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>31.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(56.8)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>CASH FLOWS FROM FINANCING ACTIVITIES</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Interest and similar finance costs paid on banking facilities </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.7)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.3)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Interest paid on Loan Notes due 2018</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.0)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(4.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(4.0)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Interest paid on Loan Notes due 2021</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Other interest received</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(Repayment) / draw down on banking facilities</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(5.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(4.7)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>9.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">35.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Issue of Loan Notes due 2021&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">25.0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Repayment of other loans</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.3)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Amendment to banking facilities &ndash; financing costs </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.5)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Issue of Loan Notes due 2021 &ndash; financing costs</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Dividends paid </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.7)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.7)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(10.8)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(10.8)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of shares from ESOP</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Proceeds from issue of shares</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of treasury shares</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>NET CASH FLOWS FROM FINANCING ACTIVITIES </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(10.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(9.1)</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(9.2)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">42.8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>22.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(14.0)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net foreign exchange movements</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Cash and cash equivalents at beginning of period </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>39.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">15.4</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>14.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">28.4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Cash and cash equivalents at end of period </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>36.9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">14.6</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>36.9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">14.6</FONT></TD></TR>
</TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 13pt/115% Cambria, Times, Serif; margin-top: 10pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 0pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">Revenue and segmental analysis</FONT></TD></TR></TABLE>

<P STYLE="font: 6.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify">For management purposes, the Group
is organized into two operational divisions, Gas Cylinders and Elektron. The tables below set out information on the results of
these two reportable segments. Management monitors the operating results of its divisions separately for the purpose of making
decisions about resource allocation and performance assessment. Segment performance is evaluated by the chief operating decision
maker based on trading profit or loss (defined as operating profit or loss before changes to U.K. defined benefit pension plan
and restructuring and other expense), and adjusted EBITDA (defined as profit on operations before tax for the period, finance income
(which comprises interest received) and costs (which comprises interest costs, IAS 19R retirement benefits finance charge and the
unwind of the discount on deferred contingent consideration from acquisitions), other income / (expense) from acquisitions and
disposals of businesses, changes to U.K. defined benefit pension plan, restructuring and other expense, other share based compensation
charges, depreciation and amortization and loss on disposal of property, plant and equipment). For the purposes of our divisional
segmental analysis, IFRS 8 requires the use of &ldquo;segment profit&rdquo; performance measures that are used by our chief operating
decision maker. Trading profit is the &ldquo;segment profit&rdquo; used to satisfy this requirement in the below analysis. All
inter-segment revenue is made on an arm&rsquo;s length basis.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>REPORTING SEGMENTS:&#9; </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Three-month period ended December 31, 2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Three-month period ended December 31, 2014</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Continuing</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Continuing</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Activities</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Activities</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Revenue</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Segment revenue</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">57.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">50.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>107.8</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">65.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">58.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>123.5</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Inter-segment revenue</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.4)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Revenue to external customers</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>57.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>50.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>107.4</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>65.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>58.4</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>123.4</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Result</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Adjusted EBITDA</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>4.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>10.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>14.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>3.2</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>12.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>15.8</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Other share based compensation charges</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Loss on disposal of property, plant and equipment</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Depreciation and amortization</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(4.6)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(4.9)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Trading profit - segment result</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>2.5</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>7.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>9.5</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>0.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>9.8</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>10.7</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">18.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(10.7)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(11.2)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.0)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.5)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Operating (loss) / profit</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(8.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">6.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">18.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>16.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">7.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>8.2</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Acquisitions and disposals</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">4.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>6.3</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net interest costs</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.8)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.6)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.7)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.7)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Unwind of discount on deferred contingent consideration from&nbsp;&nbsp;acquisitions</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">(0.1)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>(0.1)</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>-</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(Loss) / profit on operations before taxation</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(8.3)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">6.4</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">13.7</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>11.8</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.9</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">12.6</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.3)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>12.2</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Tax expense</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(4.4)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.4)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net income for the period</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>11.8</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Other segment information</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Segment assets</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">158.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">208.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">68.9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>435.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">189.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">216.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">53.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>459.8</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Segment liabilities</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(32.3)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(21.4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(212.3)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(266.0)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(33.0)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(25.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(226.3)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(284.4)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net assets / (liabilities)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">126.0</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">187.1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(143.4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>169.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">156.5</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">191.7</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(172.8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>175.4</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of property, plant and equipment</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">4.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>6.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.6</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">5.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>6.7</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of intangible assets</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.6</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.5</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.7</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.1</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Twelve-month period ended December 31, 2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Twelve-month period ended December 31, 2014</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Continuing</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Gas</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Continuing</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Activities</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Cylinders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Elektron</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 5pt/115% Arial, Helvetica, Sans-Serif"><B>Activities</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt/115% Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Revenue</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Segment revenue</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">239.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">221.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>460.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">258.9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">231.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>490.4</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Inter-segment revenue</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.6)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.6)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.9)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.9)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Revenue to external customers</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>239.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>221.2</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>460.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>258.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>230.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>489.5</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Result</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Adjusted EBITDA</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>16.5</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>45.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>62.2</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>14.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>50.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>64.8</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Other share based compensation charges</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.3)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(1.6)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Loss on disposal of property, plant and equipment</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Depreciation and amortization</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(7.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(11.4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(18.6)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(7.8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(10.3)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(18.1)</B></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Trading profit - segment result</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>8.6</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>33.7</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>42.3</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>5.9</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>38.9</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>44.8</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">18.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(21.9)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(22.4)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.6)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(3.9)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Operating (loss) / profit</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(13.3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">33.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">18.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>37.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">4.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">36.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>40.9</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Acquisitions and disposals</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.0)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">3.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>4.5</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net interest costs</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(6.9)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(6.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(6.1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(6.1)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(3.0)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(3.0)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(2.7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(2.7)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Unwind of discount on deferred contingent consideration from&nbsp;&nbsp;acquisitions</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">(0.4)</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>(0.4)</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">(0.1)</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">(0.2)</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 6pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>(0.3)</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(Loss) / profit on operations before taxation</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(13.5)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">32.8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">6.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>25.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">5.9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">39.4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">(9.0)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>36.3</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Tax expense</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(9.5)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>(7.1)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Net income for the period</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>29.2</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>Other segment information</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of property, plant and equipment</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">6.0</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">9.3</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>15.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">8.2</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">12.3</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>20.5</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">Purchase of intangible assets</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.3</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.0</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>2.3</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">1.0</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">0.9</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif"><B>1.9</B></FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 0px">&nbsp;</TD>
    <TD STYLE="width: 32px">&nbsp;</TD>
    <TD STYLE="width: 2px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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<P STYLE="color: #4F81BD; font: bold 10pt/115% Cambria, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; color: windowtext">2.
Calculation of net debt</FONT></P>

<P STYLE="font: 7.5pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Net debt is represented by:</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Non-current bank and other loans</FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(131.6)</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(121.4) </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Less:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Cash and cash equivalents</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>36.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">14.6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Net debt at the end of the period</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(94.7)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(106.8)</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt/115% Arial, Helvetica, Sans-Serif; margin: 10pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt/115% Arial, Helvetica, Sans-Serif; margin: 10pt 0 0">3. Other expense items</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-right: -56.7pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Three-month periods </B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Twelve-month periods </B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-right: -56.7pt; line-height: 150%; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 13pt/115% Cambria, Times, Serif; padding-top: 5pt; padding-left: 0.5in; text-indent: -0.25in; color: black"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt"><B>a)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt">Changes to U.K. defined benefit pension plan</FONT></B></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Credited to operating profit:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>18.0</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 13pt/normal Cambria, Times, Serif; margin-top: 5pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt"><B>b)</B></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt"><B>Restructuring
                                         and other expense</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Charged to operating profit:</FONT></TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Rationalization of operations</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(10.6)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(21.8)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(1.7)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Patent infringement litigation costs</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.5)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">I.P.O. related share based compensation charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">- </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.1)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.2)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Environmental costs</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(2.0)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(2.0)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(11.2)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(2.5)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(22.4)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(3.9)</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 13pt/normal Cambria, Times, Serif; margin-top: 5pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt"><B>c)</B></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt"><B>Acquisitions
                                         and disposals</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(Charged) / credited to non-operating profit:</FONT></TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Merger and acquisition costs</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(2.0)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(1.8)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Re-measurement of deferred contingent consideration</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">6.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">6.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">6.3</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(2.0)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">4.5</FONT></TD></TR>
</TABLE>
<P STYLE="font: 8pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Changes to U.K. defined benefit
pension plan</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2015, a net credit of $18.0m has been recognized in relation to changes to the U.K. defined benefit
pension plan effective April 2016 in respect of closure of the plan to future accrual and changing the reference index from the
Retail Prices Index (&ldquo;RPI&rdquo;) to the Consumer Prices Index (&ldquo;CPI&rdquo;) when increasing pensions in payment. This
credit comprises a past service credit of $14.9m, a curtailment credit of $3.3m, offset by associated advisory costs of $0.2m.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Rationalization of operations</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2015, $10.6m and $21.8m, respectively, have been incurred in relation to rationalization and similar
expenses; all such costs relate to the Gas Cylinders Division. The $21.8m of costs incurred in the Gas Cylinders division related
to the rationalization of its Alternative Fuel (&ldquo;AF&rdquo;) operations, including closure of two manufacturing facilities
(in Germany and Utah) and a review of related assets and investments for obsolescence and impairment. The charge comprises asset
write-downs of $17.7m, redundancy costs of $2.2m, closure costs of $1.7m and legal costs of $0.2m.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month period ended December
31, 2014, $0.5m of costs have been incurred in relation to rationalization costs in the Gas Cylinders Division, and for the twelve-month
period ended December 31, 2014, $1.1m and $0.6m of costs have been incurred in relation to rationalization costs in the Gas Cylinders
Division and the Elektron Division, respectively.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Patent infringement litigation
costs</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2015, $0.5m of costs have been incurred in relation to patent infringement litigation; all such costs
relate to the Elektron Division.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>I.P.O. related share based compensation
charges </I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2015, a charge of $0.1m was recognized in the income statement under IFRS 2 in relation to share options
granted as part of the initial public offering in 2012.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the twelve-month period ended December
31, 2014, a charge of $0.2m was recognized in the income statement in relation to these share options.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>


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<P STYLE="font: bold 10pt/115% Arial, Helvetica, Sans-Serif; margin: 10pt 0 0">3. Other expense items (continued)</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Environmental costs</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2014, $2.0m of additional costs were incurred in relation to the remediation of an effluent pond contaminated
with low-level radioactive material in the Elektron Division. Upon planned removal and safe disposal of normal effluent from one
of the Elektron sites, an unusual contamination of sludge waste was discovered that did not relate to the current operations and
most likely related to historical contamination of raw materials from over 15 years ago. The material was removed and safely disposed
of in late 2014.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Merger and acquisition costs</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2015, charges of $1.9m and $2.0m, respectively, were recognized in the income statement in relation
to merger and acquisition activity. During the three-month and twelve-month periods ended December 31, 2015, we incurred $1.8m of costs related to two approaches to acquire the company.  Neither of these approaches resulted in an executable offer that could be put to shareholders.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the twelve-month period ended December
31, 2014, $1.5m of costs have been incurred in relation to the acquisitions of the assets and business of Truetech and Innotech
Products (&ldquo;Luxfer Magtech&rdquo;). For the twelve-month period ended December 31, 2014, $0.3m of costs have been incurred
in relation to the acquisition of a small composite cylinder manufacturer and associated production assets in Utah.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Re-measurement of deferred contingent
consideration</I></B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the three-month and twelve-month
periods ended December 31, 2014, a credit of $6.3m was recognized in the income statement in relation to the re-measurement of
deferred contingent consideration arising from acquisitions. Of the $6.3m, $4.8m related to the Elektron Division and specifically
to the acquisition of Luxfer Magtech where an element of deferred contingent consideration was no longer payable due to the acquired
business narrowly failing to achieve a profit trigger as at December 31, 2014. In addition, $1.5m related to the Gas Cylinders
Division, being the acquisition of Luxfer Utah and a subsequent reassessment of the potential profitability of this acquisition
in the light of our then revised expectations for the demand of CNG systems following the fall in oil prices at that time.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt/115% Arial, Helvetica, Sans-Serif; margin: 10pt 0 0">4. Reconciliation of non-GAAP measures</P>

<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify">The following table presents a
reconciliation of adjusted net income and adjusted EBITDA to net income for the periods, the most comparable IFRS measure.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: -56.7pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: -56.7pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: -56.7pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Three-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>Twelve-month periods
        </B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-right: -56.7pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 1pt; padding-right: -56.7pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 1pt; padding-right: -56.7pt; line-height: 150%; text-align: center"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 48%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 8%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 10%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="width: 11%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 10%; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Net income for the period</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Accounting charges relating to acquisitions and disposals of businesses:</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unwind of discount on deferred contingent consideration from acquisitions</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisitions and disposals</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(6.3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(4.5)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization on acquired intangibles</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.7</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>11.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.5</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>22.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">3.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Other share based compensation charges</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Tax thereon</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(2.9)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Adjusted net income</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">8.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>29.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">30.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-top: 1pt; padding-right: 9.05pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(Deduct) / add back: Tax thereon</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(3.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.9)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.9</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tax expense</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>9.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">7.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net interest costs</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.8</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>6.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">6.1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>4.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">4.9</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>18.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">18.1</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loss on disposal of property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-decoration: underline"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Less:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization on acquired intangibles&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(0.3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.4)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.6)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Adjusted EBITDA</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>14.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">15.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>62.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">64.8</FONT></TD></TR>
</TABLE>
<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Management believes that adjusted net
income and adjusted EBITDA are key performance indicators (KPIs) used by the investment community and that the presentation of
these items will enhance an investor&rsquo;s understanding of our results of operations. These KPIs are also used within Luxfer
Group by the CEO and other senior management. Adjusted net income and adjusted EBITDA should not be considered in isolation by
investors as an alternative to net income for the period, as an indicator of our operating performance or as a measure of our profitability.<BR CLEAR="ALL">
</P>


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<P STYLE="font: bold 10pt/115% Arial, Helvetica, Sans-Serif; margin: 10pt 0 0">5. Earnings per share</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">The
Group calculates earnings per share in accordance with IAS 33. Basic income per share is calculated based on the weighted average
ordinary shares outstanding for the period presented. The weighted average number of shares outstanding is calculated by time-apportioning
the shares outstanding during the period. </FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">For
the purpose of calculating diluted earnings per share, the weighted average number of ordinary shares outstanding during the period
have been adjusted for the dilutive effects of all potential ordinary shares and share options granted to employees.</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">Following
the approval of a two-for-one share split at the Annual General Meeting on May 29, 2014, the nominal value of each ordinary share
is &pound;0.50 and now represents one American Depositary Share (ADS), resulting in the earnings per ordinary share being equivalent
to the earnings per ADS. </FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">The
ADSs of Luxfer Holdings PLC are listed on the New York Stock Exchange following an initial public offering on October 3, 2012.
The company&rsquo;s &pound;0.50 ordinary shares are not traded on any recognized stock exchange. The Depository for the ADSs holds
one &pound;0.50 ordinary share for every one ADS traded, through American Depositary Receipts.</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">Under
IAS 33, the number of shares used in the earnings per share calculations for the prior periods shown has been adjusted to achieve
comparability.</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">Management
believes the use of non-GAAP financial measures, such as adjusted earnings per ADS, more closely reflects the underlying earnings
per ADS performance.</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-right: -56.7pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: -56.7pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Three-month periods</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Twelve-month periods</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: -56.7pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: -56.7pt; padding-left: 5.4pt; line-height: 150%; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>ended December 31,</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;&nbsp;ended December 31,</B></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Basic earnings:</B></FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Basic earnings attributable to ordinary shareholders</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">11.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>16.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">29.2</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Adjusted earnings:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Accounting charges relating to acquisitions and disposals of businesses:</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unwind of discount on deferred contingent consideration from acquisitions</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.3</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisitions and disposals</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(6.3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(4.5)</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization on acquired intangibles</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.4</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.6</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">IAS 19R retirement benefits finance charge</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.7</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">0.7</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.0</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Changes to U.K. defined benefit pension plan</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(18.0)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Restructuring and other expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>11.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.5</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>22.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">3.9</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Other share based compensation charges</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.5</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>1.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">1.6</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Tax thereon</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(0.4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>0.9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(2.9)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Adjusted earnings</B></FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>7.4</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">8.6</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>29.5</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">30.9</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Weighted average number of &pound;0.50 ordinary shares:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">For basic earnings per share</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>26,886,560</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">26,953,239</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>26,918,987</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">26,889,330</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Exercise of share options</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>369,377</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">660,221</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>453,736</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">846,463</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">For diluted earnings per share </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>27,255,938</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">27,613,460</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>27,372,723</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">27,735,793</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Earnings per share using weighted average number of ordinary shares outstanding:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Basic</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Adjusted </FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.28</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$0.32</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$1.10</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$1.15</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Unadjusted</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.28</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$0.44</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.60</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$1.09</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Diluted</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Adjusted</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.27</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$0.31</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$1.08</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$1.11</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Unadjusted</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.27</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$0.43</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$0.59</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$1.05</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0">Each &pound;0.50 ordinary share represents one American Depositary
        Share, as listed and quoted on the New York Stock Exchange.</P>
        <P STYLE="font: 7.5pt/10pt Arial, Helvetica, Sans-Serif; margin: 0; color: red"><B>&nbsp;</B></P></TD></TR>
</TABLE>
<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>


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<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>6. Retirement benefits</B></P>

<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The principal defined benefit pension
plan in the U.K. is the Luxfer Group Pension Plan. The Group&rsquo;s other arrangements are less significant than the Luxfer Group
Pension Plan, the largest being the BA Holdings, Inc. Pension Plan in the U.S.</P>

<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 14.2pt">&nbsp;</P>

<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The actuarial assumptions used to estimate
the IAS 19R accounting position of the Group&rsquo;s defined benefit pension plans have been updated for market conditions at December
31, 2015.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 14.2pt">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">During the three-months ended December
31, 2015, following a consultation, it was agreed with the trustees and members that the Luxfer Group Pension Plan in the U.K.
would close to future accrual of benefits effective from April 5, 2016, and for the purpose of increasing pensions in payment,
to use the Consumer Prices Index (&ldquo;CPI&rdquo;) as the reference index in place of the Retail Prices Index (&ldquo;RPI&rdquo;)
where applicable. As a result, during the three-months ended December 31, 2015, the Group has recognized a curtailment credit of
$3.3m in respect of the closure of the Plan to future accrual and a past service credit of $14.9m in respect of the change in expected
future pension increases in payment.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The main reasons for the decreased deficit,
aside from those mentioned above, are increases in corporate bond yields partially offset by asset returns being lower than assumed,
an increase in long-term U.K. inflation expectations and an increase in the life expectancy of members in U.K.</P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 7.5pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><B>The movement in the pension liability is shown below:
</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>Three-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>Twelve-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Opening balance</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>88.6</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">85.5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>90.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">67.6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Charged to the income statement</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>8.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">9.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Curtailment credit to the income statement</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(3.3)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(3.3)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Past service credit to the income statement</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(14.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(14.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Cash contributions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(2.8)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(3.9)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(14.5)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(17.0)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(Credited) / charged to the statement of comprehensive income</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(8.9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">10.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(4.4)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">35.4</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Exchange movements</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(1.9)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(3.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>(3.8)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">(4.4)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Closing balance</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>58.9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">90.9</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>58.9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">90.9</FONT></TD></TR>
</TABLE>
<P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>7. Dividends paid and proposed</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>Three-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>ended December 31,</B></P></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 0.5in"><B>Twelve-month periods</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>ended December 31,</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2015</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>$M</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">$M</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Dividends declared and paid during the period:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid February 5, 2014 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid May 7, 2014 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid August 6, 2014 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid November 5, 2014 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid February 4, 2015 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid May 6, 2015 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid August 5, 2015 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend paid November 4, 2015 ($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>2.7</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>10.8</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">10.8</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>Dividends declared and paid after December 31 (not recognized as a liability as at December 31):</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend declared and paid February 4, 2015&nbsp;&nbsp;($0.10 per ordinary share)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>-</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">2.7</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>-</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">2.7</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">Interim dividend declared and paid February 3, 2016 ($0.125 per ordinary share)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>3.4</B></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>3.4</B></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&nbsp;</P>
        <P STYLE="font: 7.5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">-</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.4</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif"><B>3.4</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 150%; text-align: right"><FONT STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif">2.7</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 7.5pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><FONT>&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B>&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt"><FONT STYLE="font-family: MS Mincho"></FONT></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt"><FONT STYLE="font-family: MS Mincho"></FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: 0.5in"><B>Luxfer Holdings PLC</B></P>

<P STYLE="font: 12pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt 3in; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Registrant)</FONT><FONT STYLE="font-family: MS Mincho">&#8232;</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">Date:&nbsp;March 15,&nbsp;2016&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: 0.5in">By: <U>/s/&nbsp;<FONT STYLE="font-size: 12pt">Andrew Michael Beaden&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 240pt"><FONT STYLE="font-size: 10pt">&nbsp;&#9;&nbsp;
&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 12pt">Andrew Michael Beaden</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3.5in"><FONT STYLE="font-size: 12pt">Authorized Signatory
for and on</FONT><FONT STYLE="font-size: 10pt"> </FONT><FONT STYLE="font-size: 12pt">behalf of <BR>
Luxfer Holdings PLC</FONT></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: 0.5in"></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"><BR>
<BR>
</P>



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