AGM Statement

Trinity Mirror PLC
08 May 2003



                                                                    8th May 2003


                                  AGM Statement


The following statement was provided to shareholders by the Chairman of Trinity
Mirror plc, Sir Victor Blank, at today's Annual General Meeting:


'At the Group's preliminary results announcement on 27th February 2003, we
stated that advertising conditions remained volatile and uncertain. The war in
Iraq has accentuated these conditions impacting on both our advertising and
circulation revenues.


'Group advertising revenue for the first four months was marginally ahead of
2002. An increase of 1.4% for our national titles was offset by a fall of 1.0%
for our regional titles (excluding Metro's). Advertising conditions for our
regional titles in London and the South East continue to be challenging (in
particular recruitment advertising) with year on year declines of 5.4% for the
first four months of the year. Excluding London and the South East, the regional
titles achieved advertising growth of 0.5% for the first four months of the
year.


'Group circulation revenues for the first four months of the year have fallen by
6.5% year on year reflecting the impact of price cutting for the Daily Mirror in
the first quarter coupled with a reduced circulation performance. The cost of
price cutting in the period was £5.7 million, representing an increase of £4.4
million over the same period in 2002.


'Following the appointment of Sly Bailey as Chief Executive in February, further
senior appointments have been made to the management team. Vijay Vaghela has
been appointed Group Finance Director, Humphrey Cobbold as Director of Strategic
Development and Phil Hall as Editorial Development Director, National titles.
These appointments, coupled with a streamlining of the reporting functions in
the national newspapers division, will strengthen the Group. The review of the
businesses is progressing well and we will report back to shareholders at our
interim results announcement on 31st July.


'The directors believe the uncertain external trading environment will continue
for the remainder of the year. Nevertheless, subject to there being no further
adverse changes to the trading environment the Board anticipates a satisfactory
outcome for the year.'


Enquiries:

Trinity Mirror plc
Sly Bailey                                 020 7293 3622
Chief Executive

Vijay Vaghela
Group Finance Director

Nick Fullagar
Director of Corporate Communications


Finsbury
James Leviton                              020 7251 3801





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