GUSC.L Regulatory News (GUSC)

30 Apr 2009 14:54

30 April 2009 Talent Group plc ("Talent" or "the Company") AGM Statement

At the Company's Annual General Meeting, to be held at 3 p.m. this afternoon, after welcoming shareholders, George Kynoch, vice-chairman, will say:

"Whilst our Chairman Terry Bate is present by telephone and will participate fully in the meeting, he has asked me as vice chairman to chair the meeting on his behalf as I am here in person. The meeting was originally scheduled for next Tuesday, when Terry would have been present in person, but the recent new Companies Act obliges us to hold the meeting before the end of April, which is why Terry is only present by telephone.

Before we move to the formal proceedings of the meeting, for those of you who might not have seen it, I would like to draw your attention to the announcement which was made earlier today about our new commission to produce a new programme featuring Jim Davidson, copies of which are available here. Market conditions remain difficult and unpredictable and this has forced almost all of the major UK broadcasters into restructuring their businesses, which has caused delays to their decision making on new projects. During this time we have concentrated on building a strong and vibrant development slate and remain optimistic both that the market is beginning to ease and that this new programme with Jim Davidson will be the first of a number of new commissions for your company."

Talent Group plc 020 7421 7800 Tony Humphreys (Managing Director)

John East & Partners Limited 020 7628 2200 John East/Simon Clements Notes to editors:

Talent Television (part of Talent Group plc) is a leading independent UK format creator and producer of innovative television and interactive programming.

Talent produces a wide range of entertainment and factual programming for a broad spectrum of terrestrial and cabsat broadcasters in the UK, US and worldwide. Credits include "Everybody Dance Now" for prime time ITV One, BBC live interactive series "Test the Nation" for prime time BBC One , CBBC's hit show "Best of Friends", "TV Scrabble" and "Casino Casino" co-produced with Gag Productions for Challenge?, reality documentary series "Corkscrewed", co-produced with LA-based Magic Pictures Inc for Sky One and Fox Reality, and controversial documentaries "The Man With 80 Wives" and "9/11: The Curse of Compensation" for Channel 4. Talent was also a pioneer in reality television with "The Villa", which was first produced in 1999 for Sky One.