Mc Mining Regulatory News (MCM)

Motivcom plc

("Motivcom" or "Group")

Trading update

27 June 2014

Trading in the first half of this year, being the 6 months to 30 June 2014, will be below the Board's expectations. Whilst the level of the Group's order intake remains satisfactory, the delivery of much of this work is heavily weighted into the second half of the year. As the Group only recognises profit on the events and sales promotions business when the event has taken place or the promotion has started, this is expected to significantly impact the outturn of the first half of the year. The variation in phasing between the first and second half has been a regularly reported characteristic of the Group's business and this industry. The Board views this matter mainly as a timing issue.

In addition, following a protracted tender process, Zibrant Limited, one of the Group's major subsidiaries in the meetings & events division has been notified that it has not retained one of its significant clients and such services will cease in November 2014.

The Board continues to remain cautiously optimistic about the Group's prospects, assuming no material change to the economic environment.

- Ends -

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