Trinity Mirror PLC
17 November 2004
FOR IMMEDIATE RELEASE
Trinity Mirror and Guardian Media Group Sign 15-year Print Deal
Trinity Mirror plc and Guardian Media Group plc have entered into an agreement
to share a £45 million investment in new printing equipment.
The deal will see Trinity Mirror's MCP (Mirror Colour Print) site in Oldham sign
a 15-year contract to print GMG's regional titles in the North West of England,
starting in early 2006.
The GMG titles - published by subsidiary Greater Manchester Newspapers - include
the Manchester Evening News, Manchester Metro News and the Express, Reporter,
Observer, Times and Advertiser series of local newspapers in Greater Manchester.
The investment in four state-of-the-art press and inserting lines at MCP Oldham
will greatly increase the colour and inserting capability of Trinity Mirror and
Greater Manchester Newspaper titles in the North West.
The move is part of the two companies' wider manufacturing strategy of enhancing
their newspapers' quality while reducing costs and future capital expenditure.
Sly Bailey, Chief Executive of Trinity Mirror, said: 'This collaborative
approach will deliver great value for all concerned. Both parties will benefit
from what will be the most advanced printing presses in the world.
'The joint investment will enable Trinity Mirror to deliver a better service to
readers and advertisers while significantly reducing the cost of re-pressing at
the Oldham site.'
Ian Ashcroft, Chief Executive of GMG Regional, said: 'The move to Oldham means
all GMG's regional newspapers in the North West will be printed in full colour
at the same plant.
'Combining with MCP maximises efficient use of pre-press, press and post-press
capacity and has facilitated purchase of equipment to the highest technical
specification in a plant with a proven track record.'
(ends)
Further Information:
Nick Fullagar Helen Sanderson Walker
Trinity Mirror PR Manager, Manchester Evening News
020 7293 3622 0161 211 2500
About Trinity Mirror
Trinity Mirror is the UK's largest newspaper publisher. Its portfolio comprises
some 250 titles including the Daily Mirror, Daily Record, Birmingham Evening
Mail, Newcastle Evening Chronicle and Liverpool Echo.
About GMG
Guardian Media Group (GMG) is one of the UK's most vibrant media organisations.
The Group's core interest is publishing with flagship titles being the Guardian,
the Observer, the Manchester Evening News and Autotrader.
Recent investments into radio, TV and electronic publishing have strengthened
the Group's multi media activities. The group is independently owned by the
Scott Trust, a board represented by 10 members chosen from areas of the media
industry that reflect GMG's business interests.
This information is provided by RNS
The company news service from the London Stock Exchange
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