9th Nov 2005 09:55
9th November 2005 Daily Mail and General Trust plc (`DMGT') Acquisition of Expressions of Culture Inc. dmg world media, the exhibitions division of DMGT, has announced theacquisition of Expressions of Culture Inc ("EOC"). EOC organises the SOFA Showsin Chicago and New York; these are high-end annual shows for the sculpturalobjects and functional arts (SOFA) market. The shows will form part of dmgworld media's premier art and antiques show division in the US, which alsoincludes the Palm Beach and Palm Beach 3 shows.The total cost was US$4.35 million (‚£2.4 million). We expect the acquisition tobe earnings enhancing before amortisation in the coming year.Enquiries to:Ben Brougham, Business Development Director, dmg world media 020 8515 2163Peter Williams, Finance Director, DMGT 020 7938 6631 Daily Mail and General Trust plc Northcliffe House, 2 Derry Street, London, W8 5TT Tel 020 7938 6000 Fax 020 7938 4626 www.dmgt.co.uk Registered in England and Wales No. 184594ENDDAILY MAIL & GENERAL TRUST PLCRelated Shares:
DMGT.L