BOTB.L Regulatory News (BOTB)

8 Dec 2006 07:00

Best of the Best PLC08 December 2006 8 December 2006 Best of the Best plc ("Best of the Best" or "the Company") Trading Update Best of the Best plc, the business that displays luxury cars as competitionprizes within airport terminals is pleased to announce that agreement has beenreached to install a site within Heathrow Terminal 5.This site is expected tostart operating during the first half of 2008. Best of the Best will thenoperate from 13 sites within 12 airport terminals throughout the UK. Largely as a result of the numerous security alerts across many UK airports theCompany experienced particularly challenging trading conditions during thesummer months. As a result, the Directors believe that results for the yearending 30 April 2007 will be slightly below market expectations. Whilst thisnews is disappointing, the Board is pleased to announce significant improvementsto trading since September with strong sales in October and record sales inNovember. A significant contributing factor to last months record was the launchof the new £20 Supercar Competition. This competition has generated widerinterest amongst consumers with average turnover at each terminal, since thelaunch, significantly ahead of budget. The Directors expect to announce interim results on the week commencing 29January 2007 and also to announce further site contract wins within the currentfinancial year. Enquiries: Best of the Best plc William Hindmarch, Chief Executive T: 020 7371 8866 Rupert Garton, Commercial Director Biddicks Shane Dolan T: 020 7448 1000 Charles Stanley Securities Mark Taylor/Freddy Crossley T: 020 7953 2000 Please visit www.bestofthebest.co.uk for further information This information is provided by RNS The company news service from the London Stock Exchange