7DIG.L Regulatory News (7DIG)

21 Apr 2008 07:01

UBC Media Group PLC21 April 2008 UBC Media Group plc ("UBC" or "the Company") Trading Update 21 April 2008 UBC Media Group plc (UBC.L), the UK's specialist radio services company, hastoday issued the following Trading Update ahead of its results announcement forthe year to 31 March 2008 on 9th June 2008. The Company expects to be in linewith consensus forecasts, with turnover up 17% on the previous year. With continuing strong cash flows from both the Group's core businesses and theproceeds from the sale of the Classic Gold network the Board are reviewing theGroup's exposure to recurring digital costs. ENDS Enquiries Simon Cole, CEO, UBC Media Group plc. Tel: 020 7453 1600 Verity Williams, Portland for UBC. Tel: 020 7404 5344 orverity.williams@portlandpr.co.uk Parimal Kumar, Seymour Pierce. Tel: 020 7001 8000 Notes to Editors About UBC Media Group UBC is quoted on the London Stock Exchange's AIM market. UBC is the marketleader in the supply of audio content to the radio industry in the UK. Inaddition to the entertainment, traffic & travel and national news servicesprovided to commercial radio, the Group is the largest independent producer ofradio programming for the BBC. It is part of the MXR Regional Multiplex and the4Digital National multiplex consortium. In December 2007 UBC launched aninnovative e-commerce platform for radio - 'Cliq' - initially available on 'Java' enabled mobile phones. www.ubcmedia.com This information is provided by RNS The company news service from the London Stock Exchange