PWS.L Regulatory News (PWS)

15 Dec 2005 07:00

Pinewood Shepperton plc15 December 2005 15th December 2005 Pre-Close Trading Update At the time of our interim results announcement, the Board indicated thatrevenue expectations for the full year were achievable. This has proven to bethe case with full year revenues likely to be in line with market expectations.Integration of the newly acquired Teddington Studios has progressed well. The Chancellor in his Pre-Budget Report (5th December 2005) set out the new taxincentives for British films which represent a significant improvement over theproposals set out in the earlier consultation document. This news has beenwidely welcomed throughout the industry. As previously indicated, the legislative timetable will continue to impact thefilm stage divisional revenues in 2006, the transition period. Your Board continues to view future prospects with confidence. Enquiries Pinewood Shepperton plcIvan Dunleavy, Chief Executive 01753 656732 Brunswick Group LLPTom Buchanan 020 7404 5959James Olley 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange