Rolls-Royce second quarter results, prices

Group Highlights • Order book remains strong at £58.4bn (2009 year-end £58.3bn). • Group revenues increased to £5,421m (2009 first-half £5,142m). Revenues on an underlying basis * increased by seven per cent to £5,259m. Services revenues increased by eight per cent to £2,615m on an underlying basis. • Profit before financing was £594m (2009 first-half £593m). [...]

Group Highlights

• Order book remains strong at £58.4bn (2009 year-end £58.3bn).

• Group revenues increased to £5,421m (2009 first-half £5,142m). Revenues on an underlying basis * increased by seven per cent to £5,259m. Services revenues increased by eight per cent to £2,615m on an underlying basis.

• Profit before financing was £594m (2009 first-half £593m).

• Underlying profit before taxation* increased by four per cent to £465m (2009 first-half £445m).

• Strong financial position o Average net cash for the period improved by £155m to £915m (2009 first-half £760m). o Robust balance sheet with net cash of £1,388m at the period-end (2009 year-end £1,275m) after a cash inflow in the period of £113m.

• Interim payment to shareholders increased 6.7 per cent to 6.40 pence per share.

Sir John Rose, Chief Executive, said: “Rolls-Royce delivered a robust performance despite the continuing uncertainty in the global economy. “We continue to make progress with our development programmes and new facility construction; these investments are designed to underpin the growth embedded in our order book and achieve productivity improvements. “We now expect underlying profit for the full-year to be modestly higher than 2009, mainly due to good cost control and a strong trading performance from our Marine business. We expect a modest cash inflow for the year and average net cash balances to remain at a similar level to the first-half. “We are increasing the first-half payment to shareholders by 6.7 per cent”.

WORLDWIDE PRICING FOR MODEL YEAR 2010

Effective 1 January 2010

All prices listed are exclusive of tax and delivery charges

PhantomPhantom Extended WheelbasePhantom Drophead

Coupé

Phantom

Coupé

Ghost
Sterling233,000275,500271,300255,500165,000
Euro345,700409,000386,300371,600213,000
Yen44,500,00051,700,00051,200,00048,400,00026,500,000
RMB

US Dollar (North America)

5,362,148

380,000

6,306,738

450,000

6,292,533

443,000

5,795,381

408,000

3,500,000

245,000

US Dollar (Middle East)381,000444,000443,000408,000250,000
US Dollar (Asia Pacific)377,500444,000443,000408,000250,000
US Dollar (Russia)380,000450,000443,000408,000250,000

Further information:

You can also find all our press releases and press packs, as well as a wide selection of high resolution, downloadable photographs at our media website, PressClub: www.press.rolls-roycemotorcars.com
Contacts:

Goodwood

Richard Carter

Director of Global Communications

Tel: +44 (0)1243 384060

email: richard.carter@rolls-roycemotorcars.com

Jon Stanley

Product PR Manager

Tel: +44 (0)1243 384062

email: jon.stanley@rolls-roycemotorcars.com

Asia Pacific

Hal Serudin

Corporate Communications Manager

Tel: +65 6838 9675

email: hal.serudin@rolls-roycemotorcars.com

Europe and Middle East

Frank Tiemann

Corporate Communications Manager

Tel: +49 (0)89 382 29581

email: frank.tiemann@rolls-roycemotorcars.com

Andrew Ball

Corporate Communications Manager

Tel: +44 (0)1243 384064

email: andrew.ball@rolls-roycemotorcars.com

North America

Karen Vonder Meulen

Corporate Communications Manager

Tel: +1 201 307 3788

email: karen.vondermeulen@rolls-roycemotorcarsna.com