INTERIM REPORT 2006/07 4th December 2006 Presentation to Analysts and Investors

Group sales up 38% to £67.8m (2005: £49.1m) Adjusted profit* before tax up 64% to £7.4m (2005: £4.5m) Reported profit before tax £5.1m (2005: £3.7m) Basic earnings per share 4.60p (2005: 3.55p) Interim dividend up 10% at 2.2p (2005: 2.0p) Major acquisition completed in 1 st half Order book of £141m, of which £49m is related to the acquisition Overview *Profit before amortisation of acquired intangibles, voluntary severance payments, share based payment charges, integration costs and non-recurring costs associated with the acquisition. © e2v technologies plc

Sensors and Semiconductors Organic sales growth of 5% to £24m (2005: £22m) Acquisition provided additional sales of £13m (2 months contribution) Electronic Tubes Strong sales growth of 15% to £31m (2005: £27m) Driven by radiotherapy and defence applications Other Matters SAP roll out continuing to production planning phase Anticipate formally launching Lincoln site marketing in 2 nd half Planning approved to redevelop Chelmsford ‘front of house’ Overview (Cont’d) © e2v technologies plc

New divisional Director in place and relocated Management and workforce stabilised – leadership conference well received Sales post acquisition up 10.5% compared with last year Half year sales growth of 12% So far, so good - no surprises ! Grenoble Overview © e2v technologies plc

Medical and Science Electronic tubes Business Overview Sensors and semiconductors Aerospace and DefenceCommercial and Industrial £36.8m (+38%) £10.2m (+50%) £31.0m (+15%) £14.7m (+208%) £11.4m (+31%)£7.6m (+21%)£12m (+1%) £11.9m (+43%) © e2v technologies plc

Sales by Product Group and Market Sector £23.3m£22.3m £22.2m Aerospace & Defence (2005 : 18.7m) Medical & Science (2005 : £13.4m) Commercial & Industrial (2005 : £17.0m) First half sales - £’000 © e2v technologies plc

Medical & Science (Sales at £11.9m : £8.3m) Strong performance in life science – 22% year on year growth Continued strong demand overall for dental sensors, though OEM performance is variable £3.4m of sales from Grenoble Aerospace & Defence (Sales at £14.7m : £7.1m) Recovery of solid state microwave sales – 37% year on year growth Strong sales in space imaging as anticipated – 47% year on year growth Supplemented by £4.9m of sales in high reliability microprocessors and broadband data convertors from Grenoble Commercial & Industrial (Sales at £10.2m : £6.8m) Organic sales declined by 20% year on year in fire and automotive sectors Augmented by £4.8m of sales from Grenoble, primarily ASICs and industrial cameras Business Overview Sensors and Semiconductors © e2v technologies plc

Business Overview – Electronic Tubes Medical & Science ( Sales at £11.4m : £8.7m) 31% year on year growth Driven by radiotherapy products Aerospace & Defence ( Sales at £7.6m : £6.3m) 21% year on year growth Specific programme for modulators Strong performance from RF subsystems to the UK and other national defence agencies Commercial & Industrial ( Sales at £12.0m : £11.9m) Marine radar continues to grow UHF TV and others generally flat © e2v technologies plc

Geographic Sales Split – First Half Europe £38.2m + 42% (Grenoble £8.3m) Asia Pac £6.0m + 38% (Grenoble £1.2m) M. East + Africa £1.1m (Grenoble £0.4m) Americas £22.5m + 27% (Grenoble £3.2m) © e2v technologies plc

Capital Expenditure Financial Summary 6 months ended 30 September 2006 £m months ended 30 September 2005 £m Sales Profit before tax and net finance costs Cash generated by operations Average exchange rates US $ € Year ended 31 March 2006 £m Adjusted Profit* before tax and net finance costs4.5 * Adjusted profit is before tax and net finance costs, amortisation, voluntary severance payments, share based payment charges and non-recurring acquisition expenses © e2v technologies plc

Consolidated Income Statement 49.1 (33.6) 15.5 (11.0) 4.5 (0.5) (0.9) 2.8 (0.8) % 6 months ended 30 September 2006 £m 6 months ended 30 September 2005 £m (0.2) 3.7 (0.1) Year ended 31 March 2006 £m Revenue Cost of Sales Gross profit Net operating expenses Adjusted profit before tax and net finance costs Net finance charges Profit/(loss) before taxation Tax on profit/(loss) on ordinary activities Costs associated with acquisition Voluntary severance payments Gross margin Profit/(loss) for the period/year attributable to shareholders Share based payment charges Profit before tax and net finance costs Amortisation of intangible assets arising on acquisitions 31.6% (46.4) 21.4 (0.3) (14.0) (1.6) (1.1) (1.5) % (74.5) 37.8 (0.4) (22.4) (0.8) (0.4) 7.4 (0.4) © e2v technologies plc

(0.1) (0.5) 4.5 Turnover Sensors and semiconductors Electronic tubes Sensors and semiconductors Electronic tubes Administrative expenses Adjusted profit Central Overheads Difference on exchange Profit before central overheads 6 months ended 30 September 2006 £m 10.5% % 6 months ended 30 September 2005 £m % Year ended 31 March 2006 £m % Exceptional items Profit before tax and net finance costs (0.8) 3.7 Results by Activity % % 0.8 (0.7) 7.4 (2.3) % (0.6) 15.4 (1.6) % (1.3) © e2v technologies plc

Intangible assets Property, plant and equipment Inventories Trade and other receivables Total Assets Current liabilities Non-current liabilities Cash Net Assets (27.9) (29.6) Deferred tax assets March 2006 £m 30 September 2006 £m 30 September 2005 £m Summarised Balance Sheet (46.6) (105.2) (33.0) (23.5) © e2v technologies plc

Profit before tax and net finance costs Depreciation, amortisation and other non cash items Capex Taxation Acquisitions Other Investing activities Working capital Dividends paid Cash generated by operations Net Cash from operating activities (5.0) (0.4) (4.0) 2.3 (2.1) 9.6 Year ended 31 March 2006 £m 6 months ended 30 September 2006 £m 6 months ended 30 September 2005 £m (2.1) Bank loans and other financing activities Net increase/(decrease) in cash Cash Flow (64.6) (1.0) (4.5) (9.1) 3.3 (2.3) (2.9) (5.0) (1.3) (7.8) (3.2) (3.3) (0.2) 4.0 Net interest payable (0.9) (1.1) (1.7) © e2v technologies plc

Good performance in first half Strong order book of £141m (2005: £79m) underpins second half Integration of Grenoble based activity proceeding to plan Active cost reduction programme neutralising inflationary pressures Organic development on track and we continue to assess potential acquisitions Summary and Outlook © e2v technologies plc