Interim Management Statement

Centaur Media PLC - Interim Management Statement Centaur Media PLC 14 May 2009 INTERIM MANAGEMENT STATEMENT Centaur Media plc, the specialist business publishing and information group, today issues an interim management statement for the period from 1 January 2009 to the date of this announcement, incorporating a trading update for the four month period to 30 April 2009. Overall trading review for the four month period ended 30 April 2009 The trading results for the four months to the end of April 2009 are in line with our expectations. While conditions in our served markets remain very challenging the effects of this period of weaker trading continue to be partially offset by our extensive cost reduction programme. There have been no material changes to trading conditions in the period since 30 April 2009. Bank facilities re-financed New terms have been agreed with Royal Bank of Scotland ("RBS") for a revolving credit facility of up to £5m maturing in May 2012. This replaces the existing facility with RBS ahead of its expiry in September 2009. This new facility is expected to provide adequate headroom for the Group's working capital requirements over the next three financial years. Current trading and outlook The Board expects the Group's results for the year ending 30 June 2009 to be in line with its expectations. While the current outlook for our served markets remains uncertain the Board is confident that the Group has established strong foundations for future growth and margin recovery through a substantial cost reduction programme and continued investment in our web platform. These factors combine with the existing core strengths of the Group, including our portfolio of market leading brands, organic growth culture and strong balance sheet and as a result the Group is well positioned to take advantage of a recovery in our served markets. Other than as detailed above in this interim management statement, there have been no material events or transactions in the period from 1 January 2009 to 13May 2009. Enquiries: Centaur Media plc Geoff Wilmot, CEO Tel: 020 7970 4000 Mike Lally, GFD Kreab Gavin Anderson Robert Speed Tel: 020 7554 1400 Anthony Hughes ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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