CRE Conduit Holdings Limited

RNS Number:7067S
Creston PLC
21 April 2008


21 April 2008

                                  Creston plc

                          Pre-Close Trading Statement


Creston plc (LSE: CRE), the Insight and Communications Group, provides an update
on trading prior to entering its close period in advance of the results for the
year ended 31 March 2008.


The Board is pleased to announce that, in the 2008 financial year, the Company
performed in line with expectations, delivering revenue growth across the
business. Revenue in 2008 increased by approximately 16% year-on-year, or 8% on
a like-for-like basis.


Two Creston companies, CML Research and DLKW, completed their earn-outs on 31
March 2008 and the final deferred consideration payment for DLKW will be
satisfied in December this year. The Board has agreed long-term incentive
schemes with the key management at both agencies, all of whom remain committed
to the Group and are fully incentivised to deliver future growth.

By 31 March 2008, net debt had been reduced to �18m after a strong cash
performance during the second half.


Since the Interim Statement in November 2007, there have been a number of
significant new business wins across the Group from both existing and new
clients, which include: Amazon, Britvic, Chessington World of Adventures, Cobra
Beer, Disney, Dubai Holdings, First Direct, Genus, Gordon's Gin, Healthspan,
Ipsen, LMG Connections, MTV, Opel Insignia, Radox and SAB Miller.


The Group has a healthy pipeline of new business across both the Insight and
Communications divisions, especially in digital and on-line. Therefore, despite
the uncertain general economic outlook, the Board remains confident that Creston
will continue to build on the 2008 financial year's success in the current year.


Creston plc expects to announce its preliminary results for the year ended 31
March 2008 on Tuesday 24 June 2008.

                                     -Ends-


Enquiries:

Creston plc                                            www.creston.com
Don Elgie, Chief Executive                             020 7930 9757
Barrie Brien, COO/CFO

Hogarth Partnership Limited                            020 7357 9477
Chris Matthews / Sarah Macleod /
Sarah Richardson
Investec Bank (UK) Limited                             020 7597 5145
Erik Anderson/Ben Poynter



NOTES TO EDITORS:


*                Publication quality photographs are available through Hogarth
on the numbers shown above.

About Creston plc

*                Since its inception in 2001, Creston has brought 10 leading
brands under one roof in the UK,  offering a host of blue-chip clients a range
of services spanning advertising, public relations, digital marketing,  market
research, direct marketing and customer relationship marketing (CRM), among many
others.

*                Creston is divided into two divisions: Insight, which
encompasses those agencies engaged in understanding consumer behaviour,
attitudes and needs, via research and evaluation; and Communications, which
comprises agencies involved in influencing, shaping and changing consumer
behaviours, attitudes and needs - this includes PR, advertising and marketing.
Both divisions are entirely complementary.

*                Creston's share price is quoted on the London Stock Exchange
under the symbol CRE and is published in the Financial Times, The Daily
Telegraph, The Times and the London Evening Standard.





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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