AGM Statement

RNS Number:2821J
Alphameric PLC
27 March 2003


Embargoed until 12:00                                          27 March 2003



                                Alphameric plc

                         ("Alphameric" or "the Group")


                                AGM Statement


At the Annual General Meeting of Alphameric plc, being held today, the Chairman,
Rodney Hornstein, made the following statement:

"The current financial year has seen the Retail Betting Division make
satisfactory progress in winning new orders from prospects in the bookmaking
sector.  In particular, we continue to win business from the independent
bookmaking sector for our managed ALBOS display systems, an area we expect to
provide good growth this year.  Sales of our Fixed Odds Betting terminals are in
line with our expectations.



"Our Retail Division is recognised in our market as one of the leading and most
capable providers of end to end solutions.  Interest in our new product range,
Darwin, continues to be high and the prospect list very strong.  We are well
positioned to maximise opportunities in this area.



"In the Hospitality sector we are encouraged by the progress we have made and
the interest the business is receiving from the marketplace.



"Economic conditions remain challenging.  The timing of our customers'
investment decisions is influenced by the uncertainties surrounding the UK
economy and concerns over levels of consumer spending which has shown some signs
of decline over recent weeks.  We are well placed in respect of our
competitiveness and ability to succeed as conditions improve."





                                    - Ends -




For further information, please contact:
Alphameric plc

Alan Morcombe, Chief Executive                          01483 293971


Weber Shandwick Square Mile
Nick Oborne or Susanne Walker                           020 7067 0700




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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