AGM Statement

Vislink PLC
28 May 2003

                                  Vislink plc


          Annual General Meeting Trading Update -Wednesday 28 May 2003


Vislink plc ('the Group'), the technology business which provides satellite,
microwave and transmitter products to meet the needs of the broadcast and
security markets and high quality CCTV systems for the marine and petroleum
industries, held its Annual General Meeting today.


The Chief Executive Ian Scott-Gall made the following announcement to the
shareholders present at the meeting.


The Group is making good progress with its key objectives to complete the
integration of the UK Broadcast businesses and the disposal of the legacy Video
Division businesses.


  • The image analysis business of Datacell has been sold to its main supplier
    Media Cybernetics, a division of Roper Industries, Inc. In addition the
    frame grabber product line and associated inventory has also been recently
    disposed of. The total consideration for the two transactions is £0.16
    million. The disposals will be broadly neutral in this year's results.

  • Agreement in principle has been reached for the sale of the retained
    investment in the building controls business, American Auto Matrix, which
    was sold in December 2002.

  • In the UK broadcast businesses, overhead reductions have been made as part
    of the operational integration of the two businesses into one management
    team which will result in a one off charge of approximately £0.25 million in
    the first half year's results. The benefit of these cost savings will begin
    to flow through in the second half.


The Group has continued to invest in new product development. At the recent US
broadcast exhibition we launched an award winning new mobile wireless hand held
digital display receiver. Other new products for satellite systems and a new
small satellite terminal have also been launched and well received by the
market.


The recent events in the Middle East and the continuing economic uncertainties
experienced in several markets during the second half of last year have
continued into this year and given rise to mixed trading results. Due to a
number of customer led delays the Group's current order intake is running
slightly behind last year.


In summary, the first four months orders reflect the generally weaker markets
and tougher trading conditions as a result of significant uncertainty in a
number of our international markets and the Board therefore expects this to be
reflected in the half year results. However in view of the potential recovery in
the markets and the actions being taken to strengthen the UK Broadcast business
the Board remains cautiously optimistic for the prospects for the year as a
whole.


                                      - Ends -




For further information on Wednesday May 28 2003, please contact:


Ian Scott-Gall                                  01488 685500
Chief Executive, Vislink plc


James Trumper                                   01488 685500
Group Finance Director





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