TIDMICGC 
 
RNS Number : 3107N 
Irish Continental Group PLC 
09 June 2010 
 

                                  9 June 2010 
 
              Irish Continental Group plc ("ICG" or the "Company") 
 
                                  AGM Statement 
 
ICG previously issued an Interim Management Statement on 13 May and the 
generally positive trends identified in that statement have continued. 
 
The recent closures of Irish airspace have reinforced the strategic importance 
of sea access to the island of Ireland for both passengers and freight.  Our 
total passenger numbers are up by 11% year to date at 570,000 passengers.  In 
the year to date we have also carried 124,800 cars, a 4% reduction on the same 
period last year (2% lower on the Irish Sea and 13% lower on the Ireland France 
route due to a  two month later start of the service following winter vessel 
refit).  The lower car volumes were compensated for by higher yields. 
 
In the Roll on Roll off freight market the overall market is showing signs of 
modest growth for the first time in approximately 18 months, although excess RO 
RO shipping capacity continues.  In the year to date Irish Ferries has carried 
74,400 RO RO units, a reduction of 13% on the previous year. 
 
In Container freight our volumes shipped rose by 10% to 179,000 twenty foot 
equivalent units, although rate levels are lower than last year and we are now 
foregoing certain flows of business because of the unacceptably low rates on 
offer.  Units handled at our terminals in Dublin and Belfast increased by 6% 
year on year. 
 
Forward passenger bookings for Irish Ferries have been strong during recent 
weeks.  The reaction from first time customers who used our services during the 
recent air disruption has been very positive and we are hopeful that this will 
lead to repeat business, particularly for summer car traffic.  Finally, while 
the recent weakening of the euro is a negative in terms of fuel costs, which are 
running at about 25% to 30% higher than in 2009 the weakness against sterling is 
a positive development for both inbound tourism to Ireland and also Irish 
exports to the UK, both of which are core business flows for ICG. 
 
 
Enquiries 
 
Eamonn Rothwell, CEO (+353 1 6075628) 
Garry O'Dea, Finance Director (+353 1 6075628) 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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