Trading Statement

Stagecoach Theatre Arts PLC 
05 May 2005

Stagecoach Theatre Arts plc

Trading Statement

5th May 2005

The Group announces today that it is unlikely to meet the market expectation of
£400,000 profit before tax for the current financial year ending 31st May 2005.

Due to the combined effect of the reduced income earned from its largest
franchisee, Surrey Performing Arts, fewer SportsCoach initial franchise fees
earned than expected, and further development costs for the USA and German
subsidiaries, the likely profitability for the year is less than £200,000 before
taxation. At this level of profitability the Board would not propose a final
dividend.

The Board will update the shareholders as to the current trading and future
prospects of the Group in the preliminary announcement of results for the year,
expected on or around 16th August 2005.



Enquiries:

Stagecoach Theatre Arts

David Sprigg (JMD)          01932 254 333

Richard Dawson (FD)           01932 256 244


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