AGM Statement

Photo-Me International PLC
20 September 2006



                           PHOTO-ME INTERNATIONAL PLC


          AGM Statement re Current Trading and Strategic Review Update


At the start of today's AGM of PMI, the FTSE 250 digital imaging company, the
Chairman, Vernon Sankey, will make the following statement:


Current Trading


Trading in the first quarter (traditionally, the least active quarter) of the
current financial year to 30 April 2007 has continued to reflect the factors
highlighted in the 'Outlook' section of my Statement within the Annual Report
2006.


The Vending Division, which last year increased its profit, has made a solid
start to the year. The continuing roll-out of digital kiosks, mainly in France
and Switzerland, is delivering encouraging returns.


The Manufacturing Division, which last year reduced its profit, remains
difficult to predict, despite a satisfactory start to the year by the Imaging
Solutions wholesale lab business. As forecast in the Preliminary Announcement of
6 July 2006, the transition in PMI's minilab business between its second
generation DKS 15xx series and its third generation DKS 3 series will have a
significant adverse impact on first half sales, especially as volume production
of the DKS 3 is running slightly behind schedule. The second half is expected to
benefit substantially from growing sales of the DKS 3, which has been well
received, and, in particular, from the securing of certain new, large contracts,
currently under negotiation. More generally, the minilab market remains in flux
subsequent to the reorganisation of the industry over the past two years. We are
continuing to evaluate a number of opportunities for new product developments in
both the wholesale lab and minilab business.


Having regard to the above, PMI's recent trend towards a second half weighting
is likely to be accentuated in the current year.



Strategic Review Update


In June 2006, in response to press speculation, PMI confirmed that it had been
conducting a strategic review which may or may not lead to an offer being made
for the Company. This process is still ongoing and shareholders will be informed
of significant developments, as appropriate.



Notes for Editors:


In the year to 30 April 2006, PMI reported revenue of £230.0m and a pre-tax
profit of £28.5m. If the £2.2m net exceptional credit is excluded, EBITDA was
£53.3m and pre-tax profit amounted to £26.2m.


Enquiries:

Photo-Me International                                   01372-453 399

Vernon Sankey (Chairman)

JPMorgan Cazenove                                        020-7588 2828

Malcolm Moir


Bankside Consultants

Charles Ponsonby                                        020-7367 8851/

                                                     mb: 07789-202 312



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