AGM Statement

Vislink PLC
26 May 2004

                                  Vislink plc

        Annual General Meeting trading update - Wednesday 26th May 2004


Vislink plc ('the Group'), the leading supplier of microwave radio and satellite
transmission products for the broadcast and security markets and of CCTV systems
for the marine security market, 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 implementing its key strategies of

•   developing new lightweight satellite antennas and electronic systems

•   developing new public safety and law enforcement microwave radio
    products

•   completing the rationalisation of its UK based broadcast business.

•   taking advantage of regulatory driven opportunities in both the US
    broadcast market and in the international marine safety markets.


The Group's new products were well received at the National Association of
Broadcasters exhibition, held last month in the USA. The rationalisation of the
UK based business is being implemented. Although the required level of cost
savings has been reached, the level of orders from international broadcast
markets, which continue to be affected by the strength of sterling, has been
weak and consequently the UK business is not expected to trade profitably until
later in the second half of the year.  The large contract won at the end of 2003
to upgrade the studio and transmission systems for the Venezuelan state
broadcaster VTV is proceeding to plan and deliveries of equipment have
commenced. The contract will continue into 2005.

MRC the Group's US broadcast business has made an encouraging start to the year
with significant business won from the Military and public safety markets and
the domestic US market has remained firm. The Group is looking forward to the
potential opportunities presented by the rechannelisation of the 2GHZ broadcast
auxiliary spectrum whereby broadcasters have to replace their equipment in order
to make way for wireless media and cellular services. Whilst there has been
considerable discussion in the media no agreement has been announced by the FCC.

Hernis the Group's Norwegian marine safety CCTV business has started to benefit
from the planned introduction of the new international ship and port safety
regulations. Their traditional oil and gas processing and LNG vessel markets
have remained in line with expectations.

In summary, whilst both MRC and Hernis are trading in line with expectations, as
is the Venezuelan project, the slower than planned recovery in the UK business
will adversely impact the Group's first half results which are expected to be
below those of last year. However given a satisfactory recovery in the UK
business and the potential of the new market opportunities for the Group, the
Board remains cautiously optimistic for the prospects for the year as whole.


                                     -Ends-


For further information on Wednesday May 26th 2004, please contact:


Ian Scott-Gall                                         01488 685500
Chief executive, Vislink plc



James Trumper                                          01488 685500
Group Finance Director


                      This information is provided by RNS
            The company news service from the London Stock Exchange