AGM Statement

Photo-Me International PLC 17 October 2007 Wednesday 17 October 2007 PHOTO-ME INTERNATIONAL PLC Chairman's AGM Statement At the start of today's AGM of Photo-Me (PHTM.L), the digital imaging company, the Chairman, David Young, will make the following statement: 'Trading is on track to meet the Board's expectations for the year to 30 April 2008. In vending, revenues have held up well in each of the major territories of the UK & Ireland, France and Japan, following an improved performance in the important month of September. In manufacturing, some sales were delayed but, with a recent substantial minilab contract and the scheduled introduction of new wholesale lab technology, this activity is expected to perform more strongly in the second half. Recruitment of a new Chief Executive Officer is making good progress. The Board expects to announce Photo-Me's results for the half year to 31 October 2007 in mid-December 2007. Now that the Vending Division disposal process has been terminated, Photo-Me's interim results will include a significant exceptional charge in relation to professional costs incurred in connection with Photo-Me's Strategic Review.' Enquiries: Photo-Me International plc 01372-453 399 David Young (Chairman) Serge Crasnianski (CEO) Jean-Luc Peurois (GFD) Bankside Consultants Limited Charles Ponsonby 020-7367 8851 / 07789-202 312 This information is provided by RNS The company news service from the London Stock Exchange
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