SIN Spectrum

    AGM Statement
             



At Spectrum Interactive's ("Spectrum" or the "Company") Annual
General Meeting today, Chairman Lord Young of Graffham will make  the
following statement:

The current year has started satisfactorily.  We continue to roll out
our WiFi services to new locations, and since the beginning of the
financial year we have added a further 50 hotel WiFi sites to our
estate.  We have recently begun to operate internet desks at
Manchester Airport, and we are therefore now operating internet desks
at all leading UK airports.

We recently announced that we have lost the bid to provide payphone
services at all BAA airports excluding Heathrow Terminal 5, and we
will begin the process of removing our payphones from BAA sites in
early 2009.  Despite the loss of revenue, we are confident in our
ability to streamline certain payphone operations to achieve a
minimal impact on profit.  Otherwise, we continue our payphone
rationalization programme and expect to have in the region of 4,000
payphones in operation by the end of the financial year (4,700
currently).

Two key areas of focus for the Company during the current year are
cash flow and debt repayment, and since 30 June 2008 we have repaid
�0.6m of bank debt, and our net debt has fallen from �5.2m to �4.5m.

While current trading is in line with market expectations, we are
mindful of the difficult economic environment in which we are
operating.  In our core travel market, BAA reported a six percent
decline in passenger numbers in October, and we expect to see
continued softness in this market during 2009.  Nonetheless, the
Board is confident in the Company's ability to deliver sustained
growth in our interactive business while continuing the successful
implementation of our payphone rationalization programme, and we look
forward to the period ahead with cautious optimism.

For further information, please contact:

Spectrum Interactive plc          Tel. 01442 205500
Mark Lewarne, Chief Executive
Philip Congdon, Financial Director

Seymour Pierce Limited (NOMAD)

Mark Percy                           Tel. 020 7107 8032

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