AGM Statement

CSS Stellar PLC 17 May 2005 CSS Stellar AGM Statement 17 May 2005 CSS Stellar plc, the global entertainment and sports management and marketing group, held its Annual General meeting at 9.30am today at which time John Webber, Chairman, updated shareholders on current trading. 'Overall trading across the Group in the first four months of this year was broadly in line with the Board's expectations. The Events and Talent Management divisions performed in line with the Events Division having a particularly good start to the year and performing well above expectations. The Marketing Division has had a mixed start to the year with some offices ahead of their projected budgets and some below. Our Events division secured a number of lucrative new contracts during the first quarter. These included the signage contract for the new BMW Championship golf at Wentworth. It was also an extremely busy period involving our work on London's 2012 Olympic bid and we eagerly anticipate the announcement by the IOC in July. We are also completing our fifth successful year of giving the UEFA Champions League its unique and distinctive stadium look. Our Talent Management division is showing strong signs of growth. Long term clients, Michael Parkinson and Anne Robinson continue to be in great demand from the major TV networks while newer clients include Piers Morgan, who is enjoying newfound success as a television presenter. Writer and actor, Meera Syal is celebrating the success of her latest venture 'Life isn't all Ha Ha Hee Hee' which she wrote and now stars in on BBC. Ricky Gervais has teamed up with Stephen Merchant writing, directing and starring in Extras, a new comedy aimed at both the UK and American markets. On the sports side we have recently secured legendary Indian batsman Sachin Tendulkar as a client. Andrea Dovizioso has followed his 125cc World Championship by taking the lead in this season's 250cc World Championship. In the US, Dan Wheldon has won three out of the first four races of the IRL season and leads the Championship. Rally driver Sebastien Loeb is currently leading the World Rally Championship. Our Marketing Division has achieved some successes. We are continuing to expand our work for global clients such as UBS, B&Q, 3M and Vodafone. This is an area where we are beginning to reap the benefits of our Global network and are able to offer clients in Europe and America a wider offering in terms of international presence and expertise. We have also recently secured new contracts from Engage and Sportsmatch in the UK and GE Lighting in the US. Our central overhead costs have been further reduced in the early part of 2005 and further rationalization and savings are in place. The Board will continue to look at ways of maximizing shareholder value and this may involve the disposal of non-strategic assets.' For further information please contact: CSS Stellar Tel: 020 7078 1400 Sean Kelly, Group Chief Executive Kevin Rose, Group Finance Director Buchanan Communications Tel: 020 7466 5000 Bobby Morse/Rebecca Sky Dietrich This information is provided by RNS The company news service from the London Stock Exchange D AGMGUUBAAUPAURM
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