News 2007

Pre-Close Statement

RDF, a leading UK television production and distribution company, today issued the following update prior to entering its close period for the year ended 31st January 2007.

The Board is pleased to announce that trading across the Group has been in line with expectations for the full year. Since floating in May 2005 RDF has completed six acquisitions of UK production companies, three of which will contribute to Group results for the first time in the period under review. The benefits from integration with RDF are being delivered and the advantages of enlarged scale and broader output have become apparent.

Highlights for the year ended 31st January 2007 include:

• 101 programme titles (2006: 45) delivered to 19 channels (2006: 11)
• Increased sales to BBC, ITV and Channel 4
• RDF companies are now actively producing and distributing comedy, drama, factual, entertainment and children's content
• Continued organic growth from core content companies, including the successful launch of a Bristol office and several new returning series
• A strong performance from RDF USA in the second half - highlights include an $11 million fourth season re-order for Wife Swap and several other new commissions
• Another record year for international distributor RDF Rights and strong associated IP income
• Launch of new division, RDF Digital, to explore content creation and distribution opportunities in broadband and other digital media.

Preliminary results for the year ended 31st January 2007 are scheduled for release on 15th May 2007.

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