Press information

Pilkington's adoption of IAS/IFRS

Pilkington plc is today holding a briefing for analysts and investors on its implementation and adoption of International Accounting Standards (IAS)/ International Financial Reporting Standards (IFRS) and is making available financial information on the policies Pilkington will follow, including the impact on the half year results to 30th September 2004 and the opening balance sheet as at 1st April 2004.

Iain Lough, Pilkington's Group Finance Director said:

"The information released today by Pilkington is designed to provide shareholders, analysts and investors with an understanding of the changes to Pilkington's results due to moving from the UK GAAP basis of reporting to IAS/ IFRS. In addition to this information we will be restating our full year results for the year to March 2005 in the summer before we move over to full IAS/IFRS reporting for our Interims in November"

The restated IAS/IFRS figures, details of the re-issued Pilkington accounting policies and a copy of the presentation made to analysts are available at www.pilkington.com.

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