ACV Advance Visual

RNS Number:2356Y
Advance Visual Communications PLC
5 July 2002


                       Advance Visual Communications plc
                            ('AVC' or 'the Company')

                               Trading statement


The Chairman noted in the interim results statement, announced on 13 March 2002,
that trading for the first half of the financial year to 31 December 2001 had
proved to be a very difficult period for the Group and it was stated that
contract wins were essential to reach break-even and reduce cash burn.   Since
this time, the marketplace for the Group has deteriorated significantly and the
Directors have experienced particularly disappointing levels of sales enquiries
for its products which they believe now render trading to be unsustainable on
projected revenue streams.



In view of this, the Company has withdrawn support to its two remaining UK
trading subsidiaries, Advance Digital Productions Ltd and Advance London Ltd.
The directors of these subsidiaries have consequently appointed a liquidator.
Ali Amiri has resigned from the Company with immediate effect to help reduce
operating costs to a minimum at the plc level, but he has agreed to advise the
Company as and when required. The Board now comprises Barclay Douglas, Graham
Leask, Andrew Cooke and Massoud Amiri (who has waived all future fees). The
Company will now consider appropriate opportunities going forward having regard
to its current cash balance of around £350,000.

                                                                     5 July 2002

Press enquiries:

Barclay Douglas, Chairman
Advance Visual Communications plc          07771 824 440



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