AGM Statement

Printing.com plc
28 July 2006



FOR RELEASE                           7.00AM                       28 July 2006



                                PRINTING.COM PLC
                       ('Printing.com' or 'the Company')


                                 AGM Statement


George Hardie, the Chairman of Printing.com, will make the following comments on
current trading at the Annual General Meeting to be held at 11.00am in
Manchester today:


Current Trading


When reporting the Company's preliminary results in early June 2006, we referred
to current trading being mixed. Subsequently, trading has proved soft, resulting
in transactional volumes below expectations albeit still ahead of last year.
Trading in the printing sector at large is presently reported as being
difficult. Ordinarily Printing.com has been able to mitigate such problems.
However, this has been hampered due to resource being diverted in the short term
towards the major Hub development project designed to expand capacity, from
circa £20-25m to £40-45m of Total Retail Sales ('TRS').


The project is now significantly progressed and it is anticipated that it will
be completed imminently. Post this the Company will enjoy an abundance of
additional capacity circa £20m TRS.


Despite our significant confidence in the Printing.com business model into the
medium and long term, we feel that it is appropriate to take a cautious view
regarding market expectations in the short term.


UK and Ireland Network Development


Further progress has been made in relation to franchise roll-out. When we last
updated the market, the Bradford and Peterborough Territory Franchises were
reported as operational, however, they were then trading from temporary
premises. Since then Store premises have been secured and the shop fitting
completed. The Bradford franchise has commenced trading from its new retail unit
with Peterborough to follow suit on 1 August. Additionally, property has now
been secured for the Clerkenwell & City Territory Franchise with a launch
expected late August.


Also an additional 6 Bolt-on franchise Agreements have been completed. We expect
a further wave of Bolt-on franchise agreements to complete before the close of
H1.


International Development


Promising progress has also been made on the International expansion.


An option over Poland involving the payment of a non-refundable deposit has been
granted to one of Poland's most successful commercial printers. The business,
which currently specialises in prestigious commercial work, has a printing
facility embracing the necessary plant to operate a Printing.com Hub.


A management team from Astra, the owner of the Printing.com Master Licence for
New Zealand has almost completed its UK training. Installation of the 'system'
and local support in New Zealand will commence mid-August and run for a number
of weeks.


Other encouraging discussions continue with a number of companies throughout
Europe.


Outlook


Whilst the Hub upgrade has caused disruption we believe that without embarking
on this path potential earnings growth from the UK & Ireland operations would
have been restrained. We believe that the recent soft trading is a temporary
matter and that we will be able to increase volumes and exploit this capacity
moving forward.


Outside of the UK, by September 2006, the first New Zealand print orders are
scheduled to be controlled via Printing.com's Flyerlink software, and New
Zealand franchisees developed via its systems resulting in the first Master
Licence royalties being generated. We believe this bodes well for international
development.


The Board remains confident of the long term growth of your Company.


For further information:


Printing.com plc

Tony Rafferty (Chief Executive)                   07966 517 336
Alan Roberts (Finance Director)                   0161 848 5713


Cubitt Consulting

Brian Coleman-Smith / Allison Reid / Nia Thomas   020 7367 5100



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