Trading Statement

The Vitec Group PLC 23 December 2003 23 December 2003 The Vitec Group plc Pre Close Trading Update, Termination of Discussions with EVS Broadcast Equipment and Acquisition of Distribution Activities of Multiblitz As set out in the circular of 10 December relating to the disposal of ALU, The Vitec Group plc ('Vitec'), the international supplier of products, services and solutions to the Broadcast, Entertainment and Media industries, confirms that, since its announcement on 1 September, trading and the outlook for the Group has continued to meet Directors' expectations. In addition, further to the announcement on 28 November, Vitec announces that it is no longer in discussions with EVS Broadcast Equipment regarding the possible acquisition of this business. There will be an exceptional charge of some £0.9 million for the related costs in the full year accounts. The company also announces that it has agreed to acquire the business and assets of the domestic distribution activity of Multiblitz (Dr. Ing. D.A. Mannesmann Gmbh & Co), the long-standing distributor of the Group's Manfrotto products in Germany. The net assets of the business were EUR 0.8m as at 31 December 2002. -Ends- Contacts: Gareth Rhys Williams Telephone: 020 8939 4650 The Vitec Group plc Rob Gurner Telephone: 020 7831 3113 Financial Dynamics Notes to Editors The Vitec Group supplies a wide range of equipment and services to the broadcasting, entertainment, photographic and retail display industries. Its products are distributed in nearly 100 countries, either through dealerships or direct to the end user or corporate sector, and it has manufacturing facilities in five countries. The Vitec Group is a major force in its chosen specialised fields. More information can be found at: www.vitecgroup.com. This information is provided by RNS The company news service from the London Stock Exchange

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