Re Joint Venture

YouGov PLC
28 September 2007



 

28 September 2007
 

                                 YouGov plc

              Termination of Australian joint venture negotiations              


YouGov plc announced today that having signed heads of agreement with Photon
Group regarding a proposed joint venture in Australia, YouGov plc terminated the
heads of agreement after the board of directors determined that the deal was not
in the best interests of YouGov shareholders. The joint venture was not
operational and no capital investment was made. YouGov remains committed to
developing its presence in Asia.

 

Enquiries:

 
YouGov plc                                                             
Nadhim Zahawi / Katherine Lee       020 7012 6000                      
                                    [e-mail]                    
Financial Dynamics                                                     
Charles Palmer / Nicola Biles       020 7831 3113                      

 

 

Note to Editors:

Founded in May 2000, YouGov has become the de facto choice for conducting
professional market research. For year-end 2006, turnover rose by over 200 per
cent to £9.5 million. For the half-year to January, YouGov, which lifted UK
client numbers by 46 per cent to 263 and claims to be enjoying 'good levels' of
repeat business, squeezed pre-tax profits of £2.3 million from group turnover of
£6.1 million. The embryonic Middle Eastern arm was boosted by an acquisition
last year and grew 53 per cent.

 



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