Trading Statement

Photo-Me International PLC 07 March 2008 PHOTO-ME INTERNATIONAL PLC Trading Statement Photo-Me (PHTM.L), the digital imaging company, announces that, at the end of the third quarter, unaudited revenue and pre-tax profit were behind the Board's expectations. Having reassessed the outcome for the year to 30 April 2008, the Board now believes that the Group is unlikely to make a pre-tax profit (before exceptional charges) in the year. The shortfall relative to market expectations for the full year can principally be attributed to reduced expected revenues and associated profit across the business. The Board has decided not to resume its share buy-back programme pending determination of the Group's future operational strategy, which is being formulated by Thierry Barel, who was appointed Group Chief Executive in December 2007. The Board intends to announce this strategy during the summer and, as part of it, the Company's future dividend policy. Enquiries: Photo-Me International 07789-202 312 David Young (Chairman) Thierry Barel (Group CEO) Simon Poulton (Interim Group CFO) Bankside Consultants Charles Ponsonby 07789-202 312 This information is provided by RNS The company news service from the London Stock Exchange
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