Statement re suspension

Screen PLC 27 September 2002 Screen plc ('the Company') Statement re Suspension As part of the review by the board of the interim results of the Group for the six months ended 30 June 2002, it has been decided to provide against certain debtors relating to 2001 trading. This is likely to entail a provision of circa £2 million in the results for the six months ended 30 June 2002 and the Board believes that market expectations for the period will not be met. A thorough review of the business is being undertaken by the Directors and the Group's financial advisers and auditors with the immediate consequence that the interim results will not now be published on 30 September. Discussions with the Group's bankers are also underway. The results of this review will be announced as soon as practicable and it is expected that executive management changes will be announced shortly. At a trading level, Joyce-Loebl, the Company's core operating subsidiary, continues to perform well ahead of expectations. In addition, significant orders have been won by other operating businesses within the Group including PMI International, PDL and Petards Vision. 27 September 2002 Contacts: Binns & Co. PR Ltd Peter Binns Tel: 020 7786 9600 This information is provided by RNS The company news service from the London Stock Exchange
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