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Suspension of Trading in Ordinary Shares

27 February 2007

The Company announces that the annual audited accounts to 31 August 2006 will not be finalised in time to send to shareholders by 28 February 2007. Accordingly, the Company confirms that it will not be able to comply with Rule 19 of the AIM Rules requiring an AIM Company to send its accounts to shareholders not later than six months after the end of the financial year to which they relate.

The Company’s ordinary shares will therefore be suspended with immediate effect. The dealing facility will be restored as soon as the audited accounts for the period ended 31 August 2006 are published and this is expected to be the case shortly.

Following the investment made by Prime Focus Limited in April 2006 and the acquisition of Clear (Post Production) Limited in July 2006, the Board has been aggressively restructuring the Company’s businesses and this process is now nearly completed. The Directors expect that as a result of this action the Company will benefit from substantial cost savings in the current financial year, leading to a significant improvement in the results of the Company.

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