Proposed share buy-back etc

Photo-Me International PLC
14 March 2007


                           PHOTO-ME INTERNATIONAL PLC                           
                                                                               

    Proposed share buy-back/proposed appointment of non-executive Directors/    
          implementation of Strategic Review/5th successive DIMA award          
                                                                               

PMI (PHTM.L), the digital imaging company, is now updating the market on various
important matters related to its Strategic Review. It would also like to inform
shareholders that its minilabs have won the top global imaging industry award
for a 5th successive year.

Proposed buy-back

PMI proposes to commence a buy-back of up to 5% of its issued share capital as
soon as practicable, following the transfer of sufficient distributable reserves
into the Company. This may be increased to 10%, the limit of PMI's existing
authorisation by shareholders.

Proposed appointment of non-executive Directors

PMI intends to appoint two additional independent non-executive Directors and
this process is now underway.

Implementation of Strategic Review

PMI reiterates what was said in its announcement of 2 March 2007, namely that
the Strategic Review process continues actively, with the assistance of JPMorgan
Cazenove and Lazard. Following the completion of the Strategic Review, a further
substantial return of capital to shareholders will be effected.

5th Successive DIMA award

PMI's minilabs have won, for an unparalleled fifth successive year, the most
prestigious accolade of the imaging industry. This is the DIMA (Digital Imaging
Marketing Association) Digital Printer Shoot-Out in the digital minilab category
at the imaging industry's main gathering, the 2007 PMA (Photo Marketing
Association) Convention and Trade Show in Las Vegas.

PMI's third generation DKS 1610 and 1710 minilabs won the award in the important
up-to-8-inches-wide and up-to-12-inches-wide categories, respectively. The
awards are a result of votes by a panel of expert judges on the overall quality
and colour accuracy of digital prints.

PMI also won a DIMA Innovative Digital Product Award for its Photobook Pro, a
machine producing digital photo albums. This 'Best in Show' style award is given
to the products and services exhibited at PMA 2007 that are either
technologically innovative or the first of their kind.

Notes for Editors:

PMI is a specialist digital imaging company focused on professional laboratories
and end-consumer vending solutions. PMI has developed a unique range of digital
professional processing laboratories (minilabs and wholesale labs) and a suite
of end-consumer vending equipment. PMI's minilabs have been developed by PMI's R
&D department in Grenoble, France and, since August 2006, the third generation
has been manufactured under sub-contract in Singapore. Typically, minilabs are
sited in specialist photographic outlets, supermarkets and pharmacies. PMI is
the exclusive supplier of digital minilabs in both 2006 and 2007 to the largest
retail pharmacy chain in the USA.

 
Enquiries:                                                             
                                                                       
Photo-Me International plc                                01372-453 399
                                                                       
Vernon Sankey (Chairman)                                               
Serge Crasnianski (Chief Executive                                     
Officer)                                                               
Jean-Luc Peurois (Finance Director)                                    
Website: www.photo-me.co.uk                                            
                                                                       
Bankside Consultants Limited                                           
                                                                       
Charles Ponsonby                                          020-7367 8851

 



                      This information is provided by RNS
            The company news service from the London Stock Exchange