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Plans for a new 30,000 sq ft stage at Pinewood Studios

During the year the demand for use of the Company’s stage and studio assets continued to grow.  Accordingly the Board has approved, subject to detailed planning consent, the building of a unique 30,000 sq ft stage at Pinewood Studios suitable for both film and television.  This significant addition to stage capacity for the Company of 7% is at an anticipated cost of £5.1m.  Completion of this new stage is anticipated by the second half of 2012.