Interim Results-Part 2

Trinity Mirror PLC 14 September 2000 PART 2 13. Disposal of Belfast Telegraph Newspapers As a condition of the merger between Trinity and Mirror Group, the Secretary of State for Trade and Industry required Trinity Mirror to dispose of Belfast Telegraph Newspapers Limited. On 17 March 2000 the Company announced that it had reached agreement with Independent News & Media plc to sell Belfast Telegraph Newspapers for £300m. The transaction was completed on 30 July 2000. 14. Statutory information The financial statements for the 26 weeks to 2 July 2000 do not constitute statutory accounts for the purposes of Section 240 of the Companies Act 1985 and have not been audited. No statutory accounts for the period have been delivered to the Registrar of Companies. The statutory format figures for the 53 weeks ended 2 January 2000 have been extracted from the statutory accounts for this period which have been filed with the Registrar of Companies. The auditors' report on these accounts was unqualified and did not contain a statement under Section 237 (2) or (3) of the Companies Act 1985. The auditors have carried out a review of the interim report and their report is set out on page 18. The interim report was approved by the Directors on 14 September 2000. This announcement is being sent to shareholders and will be made available at the Company's registered office at Kingsfield Court, Chester Business Park, Chester CH4 9RE. Independent Review Report to Trinity Mirror plc Introduction We have been instructed by the Company to review the financial information set out on pages 8 to 18 which includes financial information as required by the Listing Rules and pro forma financial information. The pro forma financial information has been prepared as described on page 12 and in accordance with the accounting policies referred to on page 12, but it is not subject to the Listing Rules of the UK Listing Authority. We have read the other information contained in the interim report and considered whether it contains any apparent misstatements or material inconsistencies with the financial information. Directors' responsibilities The interim report, including the financial information contained therein, is the responsibility of, and has been approved by, the Directors. The Listing Rules of the UK Listing Authority require that the accounting policies and presentation applied to the interim figures are consistent with those applied in preparing the preceding annual accounts except where any changes, and the reasons for them, are disclosed. Review work performed We conducted our review in accordance with guidance contained in Bulletin 1999/4 issued by the Auditing Practices Board. A review consists principally of making enquiries of group management and applying analytical procedures to the financial information and underlying financial data and, based thereon, assessing whether the accounting policies and presentation have been consistently applied unless otherwise disclosed. A review excludes audit procedures such as tests of controls and verification of assets, liabilities and transactions. It is substantially less in scope than an audit performed in accordance with Auditing Standards and, therefore, provides a lower level of assurance than an audit. Accordingly, we do not express an audit opinion on the financial information. Review conclusion On the basis of our review we are not aware of any material modifications that should be made to the financial information as presented for the 26 week period ended 2 July 2000. Deloitte & Touche Chartered Accountants Hill House 1 Little New Street London EC4A 3TR 14 September 2000

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