Business Review

• First half profit before tax, exceptional items and amortisation of goodwill 28% lower at £16.2m on turnover down 15% to £151m.

• Turnover, profit and margin all strongly ahead of the second half of 2001

• Resilient performance from major events

• Subscription revenue grew by 3% and represents nearly one-third of total revenue

• Profit growth in Finance and Insurance and Life Sciences

• Dividend unchanged at 2.66pence per share

Informa Group’s Chairman Peter Rigby commented:

"The first half of 2002 has seen a stabilisation in market conditions with a significant recovery in profits and operating profit margin since the second half of 2001. We continue to manage our cost base closely, as well as ensuring we exploit our brands to their full potential.

"The Board remains confident about Informa’s future and believe that the Group is ideally positioned to benefit from any recovery in our markets."

Enquiries
Peter Rigby/David Gilbertson/Jim Wilkinson
Informa Group plc	020 7017 4302
Fiona Piper	020 7379 5151
The Maitland Consultancy

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