Zinc Media Regulatory News (ZIN)

24 Aug 2005 07:00

Ten Alps PLC24 August 2005 For release 07.00 August 24th 2005 Ten Alps PLC Trading Update TV production company Ten Alps PLC ('Ten Alps') today announces a tradingupdate. Revenues are set to rise year-on-year by 65% in the six-month period endingSeptember 30, 2005. This board earlier made a projection of a 50% increase, in its Final Resultsannouncement of 13 June 2005. The forecast revenue growth is organic, deriving from the increased level of TVproductions contracted and in progress. Ten Alps companies have producedprogrammes in this period for the BBC, Channel 4, Five, Sky One, ITV2,Discovery, RTL and other UK and European channels. With respect to the second half of the current fiscal year ending 31 March 2006,the board intends to provide an update in October 2005 on a number of new TVproductions, the expected level of revenues for the full financial year, anddetails on investments into terrestrial and broadband TV production operations.As previously stated, the board does not endorse analyst projections and givesguidance through RNS. Ends For further information: Ten Alps PLC 0207 089 3686Alex Connock (CEO)Nitil Patel (Financial Director) Binns & Co PR Ltd 0207 786 9600Peter BinnsJacqui Graves This information is provided by RNS The company news service from the London Stock Exchange