IGR Ig Design Group Plc

RNS Number:1579J
International Greetings PLC
04 December 2007

Trading update

International Greetings PLC ("International Greetings" or the "Company"), the
designer, manufacturer and distributor of greetings, stationery and licensed
published products, today announces an update on current trading.

As indicated in the previous trading statement issued by the Company on 
23 August 2007, the UK retail climate remains extremely tough. Following a 
preliminary assessment of trading in the key September to October period for 
the Company, the Board of International Greetings now believes that the results 
for the year to 31 March 2008 for the Company as a whole will fall materially 
short of current market expectations.  This is mainly due to continuing 
difficulties with revenues and margins in the Company's UK greetings division. 
The growing overseas operations, however, are continuing to perform in line 
with our expectations.

The Company will be announcing its interim results for the six month period to
30 September 2007 on 13 December 2007, which will include a further update on
current trading, future prospects and other initiatives.


Further information:

International Greetings plc:
Nick Fisher, Joint Chief Executive Tel: 01707 630630
Mark Collini, Finance Director

Arden Partners plc
Richard Day Tel: 020 7398 1632
Colin Smith Tel: 012 1423 8940

Tavistock Communications
Jeremy Carey / Rachel Drysdale Tel: 020 7920 3150


End: 4 December 2007



                      This information is provided by RNS
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