For immediate release

12 February 2020

RWS Holdings plc
AGM Statement

RWS Holdings plc ("RWS", "the Group"), one of the world’s leading language, intellectual property
support services and localization providers, is today holding its Annual General Meeting at which
Andrew Brode, Chairman, will make the following remarks:“The financial year ended 30 September 2019 was an excellent year for RWS, with all three divisionsdelivering record results, enabling the Group to maintain its unparalleled record of 16 years ofunbroken growth in revenues, profits and dividends since flotation in 2003. This achievement wasrecognized when RWS was named Company of the Year at the 2019 AIM Awards.“Current trading and outlook“We have continued to build on our momentum in the first few months of the 2020 financial year, withseveral excellent new contract wins, particularly within our IP Services division, leaving us on course
to deliver full year results in line with the Board’s underlying expectations, notwithstanding the recent
currency headwinds.
“RWS continues to generate a high level of cash and we now expect to return the Group to a net cash
position quicker than previously anticipated. We are also pleased to announce that we have agreed
an amended debt facility, increasing it to up to US$200m on materially better terms, with a four yearterm and an option to extend to five years.
“We remain focused upon realizing the full potential of our market leading positions whilst continuing
to identify acquisition opportunities that will enhance the Group’s geographic coverage or range ofservices provided.”

For further information, please contact:
RWS Holdings plc
Andrew Brode, Chairman
Richard Thompson, Chief Executive Officer
Des Glass, Chief Financial Officer
MHP
Katie Hunt/Simon Hockridge

01753 480200

0203 128 8100

Numis (Nomad & Joint Broker)
Stuart Skinner/Kevin Cruickshank/Michael Burke
Berenberg (Joint Broker)
Ben Wright/Toby Flaux/Alix Mecklenburg-Solodkoff

0207 260 1000

0203 207 7800

About RWS:
RWS is the world's leading provider of intellectual property support services (patent translations,international patent filing solutions and searches), a market leader in life sciences translations andlinguistic validation, a leading localization provider, and a high-level specialist language service
provider in other technical areas, providing for the diverse needs of a blue-chip multinational clientbase from Europe, North America and Asia.
RWS is based in the UK, with offices in Europe, North America, Asia, Latin America and Australia, andis listed on AIM, the London Stock Exchange regulated market (RWS.L).
For further information, please visit: www.rws.com
Forward-Looking Statements
This announcement contains certain statements that are forward-looking statements. They appear
in a number of places through this announcement and include statements regarding our intentions,beliefs or current expectations and those of our officers, directors and employees concerning,amongst other things, our results of operations, financial condition, liquidity, prospects, growth,strategies and the business we operate. By their nature, these statements involve uncertainty since
future events and circumstances can cause results and developments to differ materially from thoseanticipated. The forward-looking statements reflect knowledge and information available at thedate of preparation of this document and, unless otherwise required by applicable law, theCompany undertakes no obligation to update or review these forward-looking statements. Nothing
in this announcement should be construed as a profit forecast. The Company and its directors
accept no liability to third parties in respect of this document save as would arise under English law.