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11th December 2006

Trading Update

Bloomsbury Publishing Plc announces that due to its lower than expected pre-Christmas sales in the retail trade combined with delays in reference rights sales budgeted for 2006, profit before tax for the year ending 31 December 2006 may be in the region of £5 million. If these major pending rights deals are completed and retail sales increase, profit before tax will be close to market expectations.

Cash is expected to be not less than £20 million at 31 December 2006. The Board remains confident of a satisfactory outcome for 2007.

Enquiries:

Tim Spratt/Charles Palmer  
Financial Dynamics 020 7831 3113

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