Telecom Plus Regulatory News (TEP)

31 Mar 2008 11:56

Telecom Plus PLC31 March 2008 Telecom plus PLC (the "Company") Pre-Close Trading Update - 31 March 2008 The last quarter of the current financial year, which ends today, has seen acontinuation of the positive trends referred to in our Interim ManagementStatement for the third quarter to 31 December 2007, which was issued on 7 February 2008. This reflects our unique sales proposition and high levels ofconfidence within our distribution channel. Our rate of growth has shown a further increase, with over 22,000 net newservices added during the fourth quarter. This is a substantial improvement onthe 16,000 net new services added during the third quarter, and represents anannualised growth rate of more than 15%. We remain on target to achieve record pre-tax profits of not less than £16.5million (2007: £11.6 million) when we report our preliminary results for theyear ended 31 March 2008, which are expected to be announced on 22 May 2008. For further information, please contact: Telecom plus plc Charles Wigoder, Chief ExecutiveRichard Hateley, Finance DirectorTel: (020) 8955 5000 KBC Peel Hunt Ltd, Financial Adviser Richard KaufferNicholas MarrenTel: (020) 7418 8900 Smithfield, PR Reg HoareTania WildTel: (020) 7360 4900 This information is provided by RNS The company news service from the London Stock Exchange