AGM Statement

Printing.com plc 28 September 2004 FOR RELEASE 12.00 PM 28 September 2004 PRINTING.COM PLC ('Printing.com' or 'the Company') Specialist retail chain with 79 outlets across the UK CURRENT TRADING BUOYANT ENCOURAGED BY CONTINUED HIGH LEVEL OF FRANCHISE ENQUIRIES George Hardie, the Chairman of Printing.com, will make the following comments on current trading at the Annual General Meeting to be held in Manchester today: 'Following brisk trading in May / early June, the latter part of June / early July proved soft. However, we are delighted to report that August / September has proved substantially more buoyant. Indeed, in the period ending 12 September, the Company achieved record transactional levels, which was most encouraging as this period included the August bank holiday. The current period, whilst not complete until 10 October, would again appear to reflect this trend. An increased gestation period has been evident between the signing of 'Options' pertaining to Territory Franchises and the subsequent instigation of the franchise following the securing of suitable property. Clearly this has meant that, whilst record transactional levels are being recorded at present, they would have been higher had the delayed units been trading at an earlier date. The Company is currently engaged in a busy wave of franchise completions covering those of both a Territory and Bolt-on nature. Whilst certain delays have been encountered, principally pertaining to the securing of suitable property, the Directors are encouraged that the continued high level of franchise enquiries should enable the Company to meet its quota of new openings in the current financial year. It is intended to give a more detailed update with regards to estate development when the Company announces its interim results in November 2004.' For further information: Printing.com plc Tony Rafferty (Chief Executive) 07966 51 73 36 Alan Roberts (Finance Director) 0161 848 5713 Beattie Financial Brian Coleman-Smith / John Moriarty 020 7398 3300 Background note: Printing.com Printing.com offers a broad product range including leaflets, postcards, promotional cards, invitations, letterheads and business cards to consumers and small and medium sized companies. Unlike its competitors, Printing.com Stores do not have any printing equipment on location. The Company's printing and ancillary equipment is based at the centralised Production Hub with the head office in Manchester. All work is produced in full four colour rather than two colour. Delivery to the customer is usually within three days. The printing sector has traditionally been served by smaller printing companies or other On Demand Printers and is estimated to be worth some £1 billion. Printing.com has four routes to market: Franchise Stores, Bolt-on Franchises, Company owned Stores, and via the Company's website where online design and ordering are facilitated. This information is provided by RNS The company news service from the London Stock Exchange
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