Profile Media
(MEDIA & ENTERTAINMENT)
Trades over 300,000 shares are delayed in reporting by 1 hour.
http://www.profilemediagroup.co.uk
http://www.profile-pursuit.com/
http://https://www.programmemaster.com/index.asp?
http://www.hazletonpublishing.com/
http://www.profilesportsmedia.com/
http://www.pbintel.com/
Recommended by myself as a Strong Buy at 1.20-1.35 pence on 12.11.04


Top Director Buys
Profile Media (PMD)
Director name: Mr John Webber
Amount purchased: 4,402,958 @ 1.00p
Value: 44,030

Profile Media (PMD)
Director name: Mr David Ellingham
Amount purchased: 3,571,348 @ 1.00p
Value: 35,713

Major Shareholders
POWER CONSULTANCY LIMITED 91,647,500 23.85
WRAY N W 33,155,100 8.63
GENERALI PORTFOLIO MANAGEMENT UK LIMITED 13,500,000 3.51
INDIVIDUALS & PRIVATE CLIENTS 9,887,127 2.57
SEYMOUR PIERCE 9,455,100 2.46

Profile Media Group is a broadly based media and communications group focused mainly on custom publishing and related activities in both the UK and the US. Our main business areas are custom publishing and sports media and distribution.
Profile Media Group is made up of a number of different companies specialising in a range of products and services from custom publishing and distribution to multi-channel customer contact and integrated fulfilment.
Profile Pursuit's expertise in custom publishing covers a broad range of disciplines from banking to retail, from the consultancy sector to sports and leisure, and from show business to the grey market. As a result they have established an unrivalled portfolio of consumer and business titles with proven effectiveness as marketing tools for sponsors, advertisers and audiences alike.
ProgrammeMaster is an organisation that provides a unique and unrivalled service to the avid football supporter, by offering Official Matchday Programmes delivered directly to their door.
Hazleton has,for more than two decades striven to produce published products of the highest quality, and the AUTOCOURSE name, itself running for 50 years, which adorns its motor sport publications has become the standard by which others measure themselve
Profile Sports Media specialises in prestigious sporting titles including the Good Ski Guide, Carling Cup Final and Nationwide Playoff Final programmes.
Profile Business Intelligence produces bespoke reports for member governments of the Commonwealth and sector specific reports for the Commonwealth Secretariat, the Commonwealth Local Government Forum and the Royal Agricultural Society of the Commonwealth, all of which are organisations with whom we have strategic publishing partnerships.
Profile Business Intelligence Ltd (PBI) is a young and vibrant, holistic publishing company formed as the only B2B division of Profile Media Group Plc. Alongside publishing the Commonwealth's flagship publications, such as the Commonwealth Foreign Direct Investment Report and Agriculture in the Commonwealth it also publishes bespoke reports for individual member governments and selected private sector partners.

Recent Results (Interims):
RNS Number:4669D
Profile Media Group PLC
29 September 2004

For Immediate Release 29 September 2004
Profile Media Group PLC

Second Interim Results

For the year ended 30 June 2004

HIGHLIGHTS

6 months to 6 months to Year to
30 June 04 31 Dec 03 30 June 04

Turnover #5.3m #7.2m #12.5m

Turnover from continuing operations #5.0m #2.9m #7.9m

Operating loss before depreciation, amortization, (#0.6m) (#2.0m) (#2.5m)
interest and tax

Operating loss from continuing operations before (#0.3m) (#1.4m) (#1.7m)
depreciation, amortization, interest and tax

Loss before tax (#1.1m) (#2.4m) (#3.5m)

- Profile Pursuit UK won a contract to publish the quarterly magazine
for the National Bingo Game Association

- Hazelton and ProgrammeMaster merged successfully and now trade as
Profile Sports Media Ltd

John Webber, Chairman said that:

"With the effect of the introduction of the new contracts and the continuing
improvement of revenues I look forward to reporting further improvement at the
year end which will be for the 18 month period ending 31 December 2004".

For further information:

David Ellingham, Deputy Chairman & Chief Executive tel:(020) 7332 2000
Profile Media Group plc

Jonathan Naess tel: (020) 7710 7400
Nabarro Wells

Russell Cook tel: (020) 7739 8200
Charles Stanley

Mark Edwards tel: (020) 7466 5000
Buchanan Communications

CHAIRMAN'S STATEMENT

I am pleased to present the interim results for the six months ended 30 June
2004.

As previously announced, the Group has changed its financial year end from 30
June to 31 December and therefore the following results incorporate a second set
of interim results for the six month period ended 30 June which, together with
the interims to 31 December 2003 previously announced, make up the results for
the 12 months ended 30 June 2004.

The results reflect the positive impact from the restructuring following the
bank debt to equity swap and the cancellation of the deferred shares and share
premium account which was concluded at the start of the year.

The results for the six months ended 30 June 2004 demonstrate the progress we
are making in returning the group to profitability. The results are in line
with my expectation as outlined in the previous interim statement on 4 March
2004. Compared with the same period last year the loss on ordinary activities
before exceptional items and amortisation has been reduced from #3,887,385 to
#640,554.

Financial Results - Overview

Turnover for the continuing businesses for the twelve months ended 30 June 2004
was #7,935,486 (2003: #8,704,133). The decline is due to withdrawal from loss
making contracts and the deferment of a major title, which will now fall into
the current period, at Profile Pursuit Inc (PPI).

It is pleasing to report that gross margins from continuing activities for the
six months to 30 June have continued to improve to 16.7%. This compares with a
gross margin of 13.1% for the previous six-month period and 15.4% for the 12
months to 30 June 2004.

We have continued to strive to bring the Group's operating base to an
appropriate and sustainable level. Consequently ongoing administrative expenses
have fallen to #1,130,463, a reduction of some 37% over the previous six-month
period. .

Losses from continuing operations before interest, depreciation and amortisation
of goodwill were #287,902 a reduction of 79% from the previous six-month period.

During the period additional charges relating to the disposal of Marketlink and
Woodgate, the Group's fulfilment businesses, were identified and have reduced
the previously reported gain by #484,506 to #1,242,598. This adjustment has led
to the restatement of the results to 31 December 2003 by the equivalent amount,
increasing the loss for that period to #2,409,767.

The loss attributable to shareholders for the six months ended 30 June 2004
including discontinued items was #1,083,952, compared to #2,409,767 in the
previous period.

During the period Commonwealth Business Publications ceased to trade and is
shown as a discontinued operation together with the fulfilment division.

Financial Results - By Division

Publishing - Custom and Contract

This division consists of the Profile Pursuit companies, which operate in the UK
and US. Revenue is generated mainly from the sale of advertising space in
controlled circulation publications.

During the six months under review the UK turnover improved by #732,000 as a
result of introducing new and more regular titles. Revenue, however, decreased
in the US by #2.04 million due primarily to a deferment of one title into the
following accounting period in comparison to the equivalent period last year.
Despite the reduction in revenue the US division produced a profit on ordinary
activities for the period.

Our UK division has recently been appointed to publish a quarterly magazine on
behalf of the National Bingo Game Association (NBGA) as from November. The
magazine will be distributed to one million players via the NBGA member clubs
and is expected to make a significant contribution to earnings next year.

Publishing - Other

The remainder of the Group's publishing activities comprises Hazleton and
ProgrammeMaster.

The operations of Hazelton and ProgrammeMaster have been merged successfully and
now trade under our subsidiary Profile Sports Media Limited (PSM). Since this
restructuring, which was completed at the start of the year, both operations
have achieved a significant improvement in their trading performance despite
difficult advertising markets. The Football League remains an important
customer and we retain contracts to publish the official Matchday Programmes for
their showcase finals. In addition PSM has recently won the contract to produce
the official Matchday Programme for the Welsh Rugby Union. The company is also
pleased to announce that it also recently won an important publishing contract
to produce the Matchday Programme, monthly magazine, yearbook and junior
members' magazine for Chelsea Football Club. The benefit of these contracts
will be reflected in the current period.

Current Trading

As outlined in my previous interim statement it appears the media sector is
showing gradual signs of recovery. Advertising budgets are cautiously improving
which is demonstrated by #4.03 million of forward contracted advertising orders
for publications due to be published after 1 July 2004 being some 34% higher
than at the equivalent date last year. The Group remains committed to
maintaining tight cost controls and seeks to introduce new titles and
initiatives when appropriate. With the effect of the introduction of the new
contracts and the continuing improvement of revenues I look forward to reporting
further improvement at the year end which will be for the 18 month period ending
31 December 2004.

I would like to thank shareholders for their continued support. Our employees
have continued to demonstrate their commitment throughout a difficult period.

John Webber
Chairman
29 September 2004
Group's head office:
Profile Media Group
5th Floor
Mermaid House
2 Puddle Dock
London
EC4V 3DS

Delayed 150,000 buy reported at 2.25 pence.

Can only buy 100,000 shares online at the moment with Comdirect. Has never been this low before.

Price closing at 1.8-2.25 pence, up 26.5%.

A very good close with some large buys going through. Takeover speculation could start increasing, as again today there was some kind of stakebuilding going on.
We should hopefully get the decisive break past 2 pence tomorrow which should take the price to much higher levels in the coming days.

Thanks for the info Sue.

Chart has bounced off moving averages to give a very interesting picture.

short term 10 day (red) has crossed rising blue 50day and rising black 200day average.

Volume as always will be key, but these are strong indicators of a positive picture emerging. A strong buy signal in my book.

Hi Sue
How's it looking today?

Hi there,

More stakebuilding going on.

Just had a 500,000 buy reported at 2.2 pence.

slightly drop today.

Not much signifance in the drop today. MMs were still offering 1.9 pence or slightly more on the quoted bids even with the offer price being at 1.8 pence. Slight drop in the offer price also but MMs had the online buy limit reduced to 100,000 again and one could sell 250,000 shares online. Spread was wide again which is the case when some stakebuilding activity is going at fixed prices, like the 500,000 buy at 2.2 pence. Spread is kept wide so the transaction could be put through. They do not want many buyers at the moment as they are holding stock for other purposes. Hence the wide spread.

Not much happening today

Volumes are very low at the moment. Should get some news at the AGM on the 28th of January.

Directors purchases make Financial Times listing today. They have injected significant amounts of capital into the company, showing a degree of confidence in the future.

AGM should be interesting.

1 million buy reported at 2.3 pence.

Continued activity in this stock is very encouraging. Worth a look for those interested in a pure recovery play with huge upside.

DYOR. In my opinion AGM is likely to signal increased sales and map out path to profits. Board have already said sales in first 5 months of fiscal 04 were higher than entire fiscal 03.

If positive comment comes from AGM this stock could double very quickly.

Some bulky trades coming through today.

Price has broken the significant 2 pence level. Currently 2-2.4 pence.

Very heavy buying today - doesn't seem ordinary retail investors.

Had another 1 million today at 2.4 to add to one yesterday with several 500,000 buys as well.

Next week should be very interesting.

Rising blue 50day moving average about to cross rising 200day moving average at 1.65pence in next few days. See chart above.

This is a "golden cross" and an indication that a growth trend is developing. This comes after short & medium term moving averages ended their downtrends & a consolidation period started.

This consolidation has now ended and a STRONG BUY SIGNAL is indicated by the GOLDEN CROSS.

This is backed up by the fundamental picture of increasing sales and unprofitable businesses sold off. Volume is also good.

I do hope you still hold these Sue!!!

Price spiked at 4pence previously, so a break-out would need to be around this level. Although in my opinion a mini-breakout will occur at 2.6pence.

These are STRONG BUY signals if volume is maintained.

Please DYOR. Great company website and loadsa info out there. Look at turnover in particular!!!!

Chunky buys at 2.4 pence & above today indicate private investors starting to get on board in larger numbers. A quarter penny rise in this stock is now only 10%.

10 million shares traded! I am currently in a buy & hold very tight position with this one.

If this company can still turnover anywhere near 20million and even squeeze a profit of 1million on that, then its prospective P/E falls to about 4.

All ifs & buts you might say? If you want certainty go buy GILTS! If you want potential, seek out companies that have ridden out very bad times and are now in much stronger financial shape.

IMHO PMD is one such company.

I million sold at 12.17pm at 2.5p dont look good