SPM Spg Media

RNS Number:8453W
SPG Media Group Plc
23 March 2004

                   PRECLOSE & MANAGEMENT CHANGE ANNOUNCEMENTS

                            TUESDAY 23RD MARCH 2004

SPG Media Group PLC confirms its trading performance for the year ending 31st
March 2004 is expected to be broadly in line with market expectations before
exceptional items associated with the re-structure of the company.

Executive chairman, Steven Nicholson, confirms that based on the early trading
patterns of 2004 there are encouraging signs that market confidence is returning
and the Board remains confident that the business will be operating
profitability in 2004/5.

SPG also announces that chief executive, Simone Kesseler, is to step down from
the board from Wednesday 24th March 2004. Ms Kesseler has played a significant
role in steering the Group through recent difficult market conditions and the
Board thanks her for her contribution over the years.

Mr. Steven Nicholson, will take over the responsibilities of chief executive
with immediate effect.

For further information contact:

Mr. Steven Nicholson                        Tel:       +44 (0) 207 915 9600
Chairman                                    Email:   stevenicholson@spgmedia.com
SPG Media Group PLC.
Brunel House
55 North Wharf Road
London  W2 1LA


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