Preliminary results - 12 months ended 31 December 2006 01 March 2007
2. Exchange rates
The Group’s principal overseas operations during the year were located within the Eurozone and the United States.
The euro rates employed in this announcement are an average rate of 1 euro = £0.68 (2005: 1 euro = £0.68) and a closing rate of 1 euro = £0.67 (2005: 1 euro = £0.69).
The US dollar rates used for translation are an average of £1 = US$1.84 (2005: £1 = US$1.82) and a closing rate of £1 = US$1.96 (2005: £1 = US$1.72).
