Contract Win

RNS Number:2694M
Maiden Group PLC
12 June 2003


12 June 2003


                             MAIDEN OUTDOOR PLC

Maiden wins #20 million street furniture contract for Manchester

Maiden Outdoor plc, the outdoor advertising group announced today that it has
won the contract for Manchester City Council's large-format outdoor sites. The
contract, which Maiden will assume control of in the autumn, will run for 10
years, and is expected to generate advertising revenues of #20 million.

Manchester currently has over 200 outdoor panels, most of which are 48-sheet
formats. Maiden plans to redevelop and invest in these sites from the
commencement of the new contract, with a total capital expenditure of
potentially #1.0 million.

As the second most important media market in the UK, Manchester is a significant
contract win and will strengthen Maiden's position as a leader in outdoor
advertising in the UK.

Ron Zeghibe, Chief Executive of Maiden said:

"This contract which was won against a strong and highly respected international
incumbent, will strengthen our national network and number 1 position in large
format sites across the UK. It will give advertisers access to the second
largest advertising market in the UK."

Ron Zeghibe, Chief Executive
Maiden Outdoor                                           020 7838 4000

Tim Spratt/Michelle Morton
Financial Dynamics                                       020 7831 3113



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