Trading Statement

Vislink PLC 04 November 2004 Vislink plc Trading update on operational strategies and prospects Vislink reports that the £1.7m West African contract won in the first half of this year, and referred to in the interim statement under the prospects for the year, is now not expected to be delivered until 2005, due to the delay in receiving the financing for this contract. The delay in financing is due to the deferral of the distribution of the oil revenues to the respective regional states until January 2005. This will therefore reduce the Group's operating profits significantly below the current market expectations. The Board has now completed the strategic review of the UK business and agreed the business plan presented by the new management team, which is expected to restore profitability and growth to the business. The exceptional costs of the reorganisation of the UK business are not expected to be more than the market expectations of circa £1.5million. The Board is pleased with the progress now being made by the UK business which has won a number of significant contracts since the recent International Broadcast Convention held in September. The UK business now has a full order book to meet its revenue targets for the fourth quarter of this year. With the recovery in the UK business the Board considers the Group's prospects for 2005 to be encouraging. - Ends - For further information on 4 November 2004, please contact: Ian Scott-Gall 01488 685500 Chief Executive, Vislink plc James Trumper 01488 685500 Group Finance Director, Vislink plc This information is provided by RNS The company news service from the London Stock Exchange
Investor Meets Company
UK 100