Independent News & Media Regulatory News (INM)

13 Jun 2007 12:20

Independent News & Media PLC13 June 2007 INDEPENDENT NEWS & MEDIA PLC AGM Outlook Statement Dublin/London -- 13th June 2007: Sir Anthony O'Reilly, Chief Executive,Independent News & Media PLC ('INM' or the 'Group') (ticker: INWS.I; INWS.L)delivered the following outlook statement at the Group's Annual General Meetingin Northern Ireland: "Your Group remains singularly focused on producing the highest-quality mediabrands across its 10 major international markets. Our relentless focus onrevenue growth across all media platforms, our ongoing brand investment and ourprogramme to be the industry low cost producer, gives us confidence in ourability to deliver another year of superior earnings growth. "Early results for 2007 are in line with expectations and we look forward toanother successful year, with our stated objective of double-digit earningsgrowth." INM will issue a more detailed pre-close trading statement on Friday, 29th June,designed to provide further guidance on the Group's trading conditions and theprospects for the remainder of 2007. ENDS For further information: Gavin O'Reilly Donal BuggyGroup Chief Operating Officer Group Chief Financial OfficerIndependent News & Media PLC Independent News & Media PLCDublin DublinTel: +353 (0)1 466 3200 Tel: +353 (0)1 466 3200 Pat Walsh Mark Kenny/Jonathan NeilanMurray Consultants K Capital SourceDublin DublinTel: +353 (0)1 498 0300 Tel: +353 (0)1 631 5500 Rory GodsonPowerscourt MediaLondonTel: +44 (0)207 236 5619 This information is provided by RNS The company news service from the London Stock Exchange