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Malawi, Blantyre
Chayamba Building
Victoria Avenue

PO Box 1227
Blantyre, Malawi
Central Africa
Phone: +265 (0)1 833 569
FAX:    +265 (0)1 833 318

companysec@presscorp.com

PCL Trading Update For The Twelve Months Ending 31 December 2011
In compliance with the Listings Requirements of the Malawi Stock Exchange Limited (MSE), Press Corporation Limited announces that as a result of operational challenges faced in the fixed line telephone business and the impact of turnover tax on the Group’s high-volume low-margin businesses, Group profit after tax for the twelve months ending 31st December 2011 could be significantly lower than the profit achieved in the twelve months ended 31st December 2010.

The Press Group’s financial statements for the period ending 31st December 2011 have not as yet been reviewed by the Company’s external auditors.

The Company’s audited financial statements will be published in the first quarter of 2012.

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