Pre-Close Period Statement

Wilmington Group Plc 14 July 2003 For Immediate Release Monday 14th July 2003 WILMINGTON GROUP PLC PRE-CLOSE PERIOD STATEMENT Wilmington Group plc ('Wilmington' or the 'Group') today announces its pre-close period statement in respect of the year ended 30th June 2003. Trading results for the year ended 30th June 2003 are expected to be ahead of market expectations. Despite a business environment that remains challenging, the Group has moved forward on many fronts. These include the successful restructuring of senior management in the magazine publishing division; the integration of recent acquisitions; the disposal of certain under performing assets and, not least, an excellent performance from a number of the Group's business units. The Group has taken action to reduce its cost base by over £800,000, the impact of which should be seen during the year ending 30th June 2004. Business Information The business information division, which creates and sells value added information products to professional markets, is expected to show continued strong performance with increased profits in the year ended 30th June 2003 compared with the previous year. Magazine Publishing The business to business magazine publishing division, which derives the majority of its revenue from advertising, is operating in a market that remains difficult for publishers. Nevertheless this division is expected to deliver a modest overall profit for the year ended 30th June 2003. Professional Training The professional training business continued to perform well and to achieve good margins. Profits are expected to be at the top end of market expectations, with the prospect of further returns through continued investment in new initiatives and products. Summary Wilmington continues to operate in a difficult economic environment. However, the Group has focussed successfully on driving forward returns from its strong assets whilst taking prompt remedial action where necessary. This approach has translated into results that are expected to be ahead of current market expectations. It is anticipated that Wilmington will announce its preliminary results for the year ended 30th June 2003 on Monday 15th September 2003. For further information, please call: Charles Brady On the day: 020 7466 5000 Chief Executive, Wilmington Thereafter: 0121 355 0900 Bobby Morse/James Strong Tel: 020 7466 5000 Buchanan Communications This information is provided by RNS The company news service from the London Stock Exchange

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Wilmington (WIL)
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