SPM Spg Media

RNS Number:6345H
SPG Media Group Plc
21 January 2005


SPG Media Group PLC, a business to business international media company with
interests in Publishing, Internet, Conferences and Events, announces that it is
unlikely to meet market expectations for 2004/05.

The company has not experienced the seasonal uplift in activity normally
associated with the third quarter of the company's trading year with the revenue
shortfall predominantly in the print business, which remained challenging.

All businesses, with the exception of print, are growing, or are stable, broadly
in line with market expectations.  Due to the operational gearing of the
business, the board does not anticipate trading at a profit in the second half.

The board remains confident that the outlook for 2005/06 is positive,
anticipating a return to growth and improved performance.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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