The following statement, provided to shareholders by the
Chairman of Trinity Mirror plc, Sir Victor Blank, at todayundefineds Annual
General Meeting, has been released to the London Stock Exchange:
Advertising revenue growth for the first three months of this
year continued in line with the outlook statement set out in our 2000
preliminary results announcement of 15th March. In April, the rate of growth for
our regional titles was slower than the first quarter in all categories
(although recruitment advertising growth remained strong). The national titles
saw a small decline in advertising revenue compared to April 2000. Early
indications for May are an improvement on Aprilundefineds performance in both
the regional and national titles.
At this stage, the directors expect a satisfactory outturn for
the year, although the economic environment contains uncertainties that limit
our ability to estimate future advertising revenue trends with confidence.