HalfYear Trading Statement

Centaur Media PLC
09 January 2008


                                               

                                 9 January 2008
                                        
                                        
                                Centaur Media plc
                                        
                           ("Centaur" or "the Group")
                                        
                                        
                          HALF YEAR TRADING STATEMENT
                                        


                    Revenues, margins and profits all ahead

          Strong performance under-pinned by continued organic growth



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Centaur Media plc (notes i & ii), the specialist business publishing and
information company, today issues a trading statement prior to its interim
results announcement, which is scheduled for 28th February 2008.



Overall trading performance review


Centaur expects to report further growth in revenues and profits over the first
six months of the current financial year. Group revenues over the period are
anticipated to be approximately 5% ahead of the same period in the prior year,
leading to double digit profits growth and an improvement in margins.


Total advertising revenues will have increased by around 7% compared with the
same period in the prior year, reflecting a positive performance across most
market sectors. This increase in revenues is led by rapid growth in online
advertising.


Revenues from exhibitions, conferences and other events are expected to be
slightly lower than the same period in the prior year, principally as a result
of the discontinuation of certain under-performing events. Also, as previously
reported, the Group decided at the beginning of October 2007 to discontinue the
Perfect Analysis service, which incurred losses in the comparative period. This
focus on operational profitability across the Group has led to further
improvement in EBITDA margins (note iii).


New product development activity has continued through the period and a number
of new products are currently in development, which the Board expects to
underpin future growth.


The Group has continued to deliver a high level of cash conversion with net cash
in excess of £1 million at 31st December 2007, after using c.£7.3 million to
purchase Centaur shares through an on-market share buy-back programme. As
previously reported, the Group has acquired c.6.85 million Centaur shares in the
market since October, in line with shareholder authority, at an average price of
107p per share.



Current trading and outlook


The Board believes that its strategy of building and acquiring market-leading
multi-platform brands serving a broad range of niche business communities will
enable the Group to make further good progress in the new financial year.
Centaur's exposure to the current credit squeeze in global capital markets is
limited to its leading portfolio of brands associated with the Mortgage Strategy
title and this continues to be offset by growth in other markets.


Overall, the current outlook across all served markets remains broadly positive
for the year ahead and the Board remains confident of meeting its expectations
for the Group for the year ending 30th June 2008.



Enquiries:

Centaur Media plc              Geoff Wilmot           Tel: [phone]
                               Mike Lally
Gavin Anderson & Company       Robert Speed           Tel: [phone]
                               Charlotte Stone



Notes

i.                    Centaur's product portfolio currently includes 10 weekly
or fortnightly magazines, 21 other magazines, over 20 online products or
services, 25 awards or other sponsored events, 20 exhibitions and 80
conferences.

ii.                   Centaur reports its results within 5 distinct business
sector segments, namely Marketing and Creative, Legal and Financial, Engineering
and Construction, Perfect Information and General Business Services. The first 3
segments comprise principally the following vertical business communities in
which Centaur publishes market-leading magazine titles: Marketing Services,
Creative Services, New Media, Retail Financial Products, Legal Services,
Engineering, Private Homebuilding. Centaur also enjoys strong positions in a
number of other specialist communities, namely HR, Construction, Logistics,
Recruitment and Public/Private Finance. In addition, it serves the Business
Travel community with 3 leading trade shows in the UK and overseas and an
associated web service.

iii.                  Centaur's key internal measure of profit is earnings
before interest, tax, depreciation and amortisation and excluding exceptionals
(EBITDA).




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