Trading Statement

RNS Number:8925M
Campus Media PLC
27 June 2003


Campus Media plc ("Campus Media" or the "Company")

In the interim statement issued on 30 April 2003 the directors of Campus Media
noted that the Company had made positive strides in the development of its
business since its flotation on the AIM market in February 2002. The directors
indicated their confidence in Campus Media's ability to deliver a unique
proposition that will see the Company become pre-eminent in the student
marketing arena - an area which the directors believe to have massive commercial
potential.

The Company also announced on that date a 5-year agreement with EMAP Advertising
Limited relating to the sale of commercial airtime and sponsorship for the
Company's subsidiary, SBN Limited, which operates The Student Broadcast Network.

Since the date of the interim statement, the directors have been satisfied with
the commercial development of the business and are pleased to note that the
agreement with EMAP is already generating additional revenue in line with the
board's expectations. Additionally, the Board is pleased to report that signs of
a modest uplift in the wider commercial environment has led to a substantial
increase in interest in the Group's student marketing products and services.

As a consequence of the delays in revenue generation that were noted in the
interim statement the Directors of Campus Media have determined that the Company
will need to raise additional funds to continue in its current form. As a
consequence the Company is now holding discussions with its shareholders and
other parties with a view to raising additional funds required to cover the
shortfall in working capital and to continue the development of the Group's
activities. The Board will report further on these discussions in due course.



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