IFM Intandem

 
TIDMIFM 
 
INTANDEM FILMS PLC 
 
                                 TRADING UPDATE 
 
Intandem Films plc (the "Company") issues the following update on its trading 
and working capital position: 
 
In the Company's preliminary results issued in December 2008, the directors 
highlighted the constrained working capital position, and the fact that some of 
their fees and salaries had therefore been deferred on a temporary basis.  The 
Company continues to experience constrained working capital but has cut its 
overhead costs further in order to be able to operate within these limits. 
 
This working capital situation has arisen mainly as a result of delays in the 
Company's planned slate of films commencing production; to date, only one of the 
planned films has commenced production. 
 
However, the directors have reached agreement in principle for the financing of 
one major film and are currently in negotiations for the financing of at least 
three other films. 
 
In addition to generating cash from its films, the Company is in negotiations 
with various parties to provide it with additional working capital to meet its 
immediate needs.  The Company will provide further information as those 
negotiations progress. 
 
Enquiries 
 
Should you have any queries please contact: - 
 
Gary Smith, Chief Executive                +44 (0) 20 7851 3838 
Intandem Films plc 
 
James Caithie/Antony Legge                 +44 (0) 20 7492 4777 
Dowgate Capital Advisers Limited 
 
St Helen's Capital plc                            020 7628 5582 
Ruari McGirr/Mark Anwyl 
 

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