Invoice finance agreement

Filtronic plc

("Filtronic")

Invoice finance agreement

Filtronic plc (LSE: FTC), designer and manufacturer of microwave electronics products for wireless telecoms infrastructure and adjacent markets, is pleased to announce that its wholly owned U.S. subsidiary, Filtronic Wireless, Inc. ("FWI"), has entered into a sales invoice finance agreement with Faunus Group International, Inc. ("FGI Finance").

Under the terms of the agreement, FWI may draw down up to a maximum $3.5 million. This new sales invoice finance agreement is in addition to the £2.0 million sales invoice discounting facility provided by Barclays Bank plc to Filtronic's U.K. subsidiaries.

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