Pre-Close Statement

Wilmington Group Plc 13 July 2004 For immediate release Tuesday 13 July 2004 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 30 June 2004. Trading results for the year ended 30 June 2004 are expected to be in line with market expectations. Wilmington has had a good year with both record turnover and increased profits. Progress with our existing businesses combined with a number of strategic acquisitions have contributed to the further development of the Group. Business Information The Business Information division is expected to show increased turnover and profits for the year ended 30 June 2004. The integration of RED with Muze UK has been successfully completed and as expected the benefits of the merger have come through in the second half of the year. Profits from Wilmington's Healthcare business are expected to have grown significantly. The acquisition of Agence de Presse Medicale, announced in December 2003, has met the Group's profit expectations during the six months that it has been part of Wilmington. Media Division Magazine advertising has remained difficult in most of our markets. Due to the success of initiatives to create alternative sources of revenue, the profits of the Drinks and Catering business are anticipated to meet our expectations. Overall profits of the Media division for the year ended 30 June 2004 are expected to be below our expectations as a consequence of weaker advertising rates in the Design market. We expect these conditions to continue in the year ending 30 June 2005. The process of rationalising the Media division's activities continues and a number of actions are being undertaken to reduce costs and increase efficiencies. As a consequence one off costs of approximately £0.5m are expected to be incurred in the year ending 30 June 2005. In addition, a portfolio of seven industrial magazines was sold in May 2004 for a consideration of £1.2m of which £0.2m was received on completion with the balance payable in two equal instalments. The profit on disposal was balanced by costs incurred on other corporate transactions which were not completed. Professional Training The Professional Training division is expected to show continued growth with record turnover and increased profits for the year ended 30 June 2004. The core Continuing Professional Development programme for lawyers has shown strong year on year growth. There have also been pleasing performances from Bond Solon and CLT Scotland. Summary The results for the year ended 30 June 2004 are expected to reflect the progress in developing the Group as a provider of information and training. The strategy of targeted acquisitions and developing a variety of income sources within key markets means that reporting results by media type no longer reflects the Group's approach. The Group therefore intends in future to report performance of its business analysed by market sector. It is anticipated that Wilmington will announce its preliminary results for the year ended 30 June 2004 during the week commencing 13 September 2004 For further information please call:- Charles Brady (Chief Executive) 0121 355 0900 Basil Brookes (Finance Director) 0207 422 6800 Bobby Morse (Buchanan Communications) 0207 466 5000 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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