Disposals

SMG PLC 13 September 2006 SMG Announces Sale of Cinema and Outdoor Businesses The Board of SMG plc ('SMG') announces today (13 September, 2006) its decision to dispose of the Group's cinema and outdoor advertising businesses, Pearl & Dean and Primesight. Pearl & Dean generates 25% of cinema advertising revenues in the UK and Republic of Ireland through 989 screens at 315 cinemas. Primesight owns 13,500 six sheet outdoor advertising panels across the UK and a further 141 large format Backlight panels, principally in the London area. The sale process has been initiated and Hawkpoint Partners Limited has been appointed to act for SMG in connection with these transactions. Commenting on the announcement, Chris Masters, SMG's Chairman, said: 'SMG's future strategy is firmly based on strong television, radio and online brands; exciting content; and close connection with our audiences. Having reviewed the Group's businesses, the Board believes that, while Pearl & Dean and Primesight are excellent advertising businesses, they are no longer core to the Group.' Ends 13 September, 2006 Further enquiries: SMG plc Donald Emslie, Acting Chief Executive 020 7882 1199 George Watt, Group Finance Director Callum Spreng, Group Communications Director Brunswick Group LLP James Hogan 020 7404 5959 Simon Sporborg Ash Spiegelberg Hawkpoint Partners Limited Simon Gluckstein 020 7665 4500 Hoare Govett Sara Hale 020 7678 8000 This information is provided by RNS The company news service from the London Stock Exchange

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