Financial Statements

Notes to the Group financial statements

for the year ended 31 March 2006

5. Foreign currency

The principal exchange rates used were as follows:	Average			Closing
	2006	2005		2006	2005
Sales of goods	1.79	1.85		1.74	1.88
Euro	1.46	1.47		1.44	1.45

Assets and liabilities of overseas undertakings are translated into sterling at the rates of exchange ruling at the balance sheet date and the income statement is translated into sterling at average rates of exchange.