Trading Statement

The Vitec Group PLC
11 January 2005

11 January 2005

                              The Vitec Group plc

                              Close period update


The Board currently expects to report a trading profit performance for the year
ended 31 December 2004, pre-exceptionals and goodwill amortisation, in line with
overall expectations. 2004 sales, for continuing businesses at constant exchange
rates, are expected to be some 16 percent ahead of 2003 and some 8 percent ahead
in £sterling terms. The Vitec Group plc ('Vitec' or the 'Group') is exploiting
the continued strength of the Photographic division's markets through well
received new products, while the Broadcast divisions benefited from underlying
market growth and the effect of the Athens Olympics. Operational efficiency
continues to improve after the restructuring actions, and margins in the
Photographic division will no longer be depressed by the retail display
business, disposed of in December 2003. However, as previously indicated,
foreign exchange has a material impact on the Group's reported results.

Looking forward, and assuming current market conditions continue in 2005, the
Group expects to benefit from: the ongoing introduction of new products; the
continuing growth of digital photography and uptake of High Definition TV;
further recovery in the US rental market; and the previously announced cost
reduction initiatives, though these may be partially offset by the effects of
the decline in the US dollar seen at the end of 2004.  If current exchange rates
(see notes) continue throughout 2005, notwithstanding the hedging arrangements
in place, the Group estimates that there will be a £2.5million adverse
transactional impact and a £0.1million adverse translational impact on 2005
operating profit compared to 2004. The Group continues to explore ways to
mitigate these effects. Vitec continues to look for acquisitions which will add
value for shareholders. Overall, the Board views the outlook for 2005 with
cautious optimism.

The Group will announce its results for the year ended 31 December 2004 on 7
March 2005.

Enquiries:

The Vitec Group, Tel.: [phone]
Gareth Rhys Williams
Alastair Hewgill

Financial Dynamics, Tel.: [phone]
Richard Mountain
Rob Gurner


Notes to editors

1. Current market exchange rates:  £1 : US$1.88; £1 : €1.43; €1 :US$1.31.
2. 2004 average market exchange rates:  £1 : US$1.82; £1 : €1.47; €1 :US$1.24.


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