INM Trading Update

"Your Group continues to successfully manage its diverse multimedia platforms, across a range of economies, to good effect, while still actively pursuing new growth opportunities in new geographies, most recently evidenced by our announcement to acquire 20% of PT Abdi Bangsa TBK, a leading Indonesian media group, and in new brand propositions, in both print and online.”

“While year-to-date revenues are marginally ahead in constant currency terms - advertising conditions still remain volatile in Q2 - and particularly in Irish property advertising. Consequently, it is difficult to reliably forecast the full year outcome against a backdrop of unprecedented and broad-based economic uncertainty. However, the Group’s diversity, increasing geographic reach and mix of markets – coupled with effective cost control – is expected to deliver another best-in-class performance, and assuming no further deterioration in advertising markets, INM currently anticipates another year of achievement.”

INM will announce 2008 first half results on 27th August, 2008.

ENDS