Trading Update

26 Feb 2008 10:14

Cheerful Scout PLC26 February 2008 Cheerful Scout Plc / Index: AIM / Epic: CLS / Sector: Media 26 February 2008 Cheerful Scout Plc ('Cheerful' or 'the Company') Trading update Cheerful Scout Plc, the AIM-traded events and film & video specialist, expectsto announce interim results for the 6 months ended 31st December 2007 on 20thMarch 2008. Changing market conditions and a slowdown in corporate spending hasresulted in the recent loss of two large contracts, which it had beenanticipated would contribute to both half year and full year results. As aconsequence, the Company's results will not meet current market expectations. Asat 31st December 2007 the cash balances held by the Company were in excess of £1million. * * ENDS * * For further information visit www.cheerfulscout.com or contact: Gary Fitzpatrick Cheerful Tel: 020 7291 0444Isabel Crossley St Brides Media Tel: 020 7236 1177Mark Percy Seymour Pierce Limited Tel: 020 7107 8030 This information is provided by RNS The company news service from the London Stock Exchange