AGM Statement

Thomson Intermedia PLC
05 July 2005


                            Thomson Intermedia PLC
                     ('Thomson Intermedia' or 'the Company')

AGM Statement


At today's Annual General Meeting, John Napier, the Non-Executive Chairman will,
as indicated in the company's annual report, make a statement regarding the
impact of International Financial Reporting Standards on the Group.


He will say that the Board has considered the impact of adopting IFRS in due
course.  It will only have a material effect on Research and Development
expenditure and share options.


The Group will be required to capitalise its R&D expenditure for projects which
will result in an economic benefit to Thomson Intermedia. The Board will
continue to take a prudent stance in its estimation for capitalising this
expenditure.


The 300,000 share options, granted after 7 November 2002, will be expensed at
their fair value less the exercise price. Share options granted to Directors on
7 January 2005 have already been accounted for under FRS20 which is in line with
IFRS2.


The Chairman will conclude by saying the Group continues to make good progress,
with current trading in line with expectations and that the Board is confident
of achieving its targets for the financial year.


                                                                     5 July 2005

Enquiries:

Thomson Intermedia

Sarah Jane Thomson, Joint CEO                                 Tel: [phone]
David Trendle, Finance Director

College Hill

Adrian Duffield/Clare Warren                                  Tel: [phone]


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