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AGM Statement

13 May 2005 11:06

Universe Group PLC13 May 2005 Universe Group plc AGM Statement Universe Group plc, the retail and information systems company held its AGMtoday when Ray Mackie, Chairman, told shareholders: "We have got off to a strong start in 2005. At HTEC our sales in the firstquarter were substantially up on the first quarter sales of 2004 as a result ofthe impetus from Chip and PIN related business. Currency Division had a respectable level of activity, given market conditionsfor tourism in Paris where we have ten shops and the competitive nature of theinternational money transfer market. The Board is confident of a good result for the half year and for the year as awhole. We expect to announce the interim results for the six months ending 30June 2005 on 2 September 2005. Looking further ahead, we are very excited by our PIN enabled unattended paymentsystem. We have commenced installation in petrol forecourts and we are seekingunattended applications outside our traditional markets. We anticipate thatunattended systems will be a growth market as a result of the introduction ofChip and PIN". R J Mackie Chairman 13 May 2005 Enquiries: Universe Group plc Ray Mackie, Group Chief Executive 020 7287 0888 Charles Stanley & Co Limited Russell Cook 020 7739 8200 This information is provided by RNS The company news service from the London Stock Exchange
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