Pace signs significant new US cable contract

SALTAIRE, West Yorkshire, UK — Pace plc (LSE:PIC) today announces it has signed a significant new contract for the US cable market. The contract is for a low cost digital to analogue converter product that will enable the transition to all-digital networks and will be delivered over the next three years.

Pace’s Board now anticipates that the outturn for the year will materially exceed existing expectations.

[On the 19th May 2008 Pace Micro Technology plc changed its name to Pace plc]