AGM Statement

RNS Number:6101K
The Vitec Group PLC
01 May 2003

1 May 2003


                               The Vitec Group plc


                                  AGM Statement



Alison Carnwath, Chairman of The Vitec Group plc, the international supplier of
products, services and solutions to the Broadcast, Entertainment and Media
industries, will make the following statement at the Group's AGM today:



"Although trading conditions remain subdued overall, sales and profits are on
budget for the first four months of 2003, and cash generation remains strong.
Both the Broadcast Systems and Photographic businesses have recently launched a
number of successful new products and the manufacturing restructuring is
progressing in line with expectations.



"The integration of the new acquisitions is underway with OConnor already making
sales through Vitec's European network and Radamec Broadcast Systems relocating
its premises during June."



                                     -Ends-



Contacts:

Gareth Rhys Williams                    Telephone: [phone]
The Vitec Group plc



Rob Gurner                               Telephone: [phone]
Financial Dynamics





Notes to Editors



The Vitec Group plc supplies a wide range of equipment and services to the
broadcasting, entertainment, photographic and retail display industries. Its
products are distributed in nearly 100 countries, either through dealerships or
direct to the end user or corporate sector, and it has manufacturing facilities
in five countries. Vitec, with brands such as Sachtler, Vinten, Manfrotto and
Clear-Com, is a major force in its chosen specialised fields.




                      This information is provided by RNS
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END

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