Computacenter

Pre-Close Trading Update

13/01/04
Ahead of entering its close period, Computacenter plc, the European IT infrastructure services provider, is today briefing analysts on trading for the year ended 31 December 2003.

Overall we expect profit before tax for 2003 to be in line with our expectations at the time of our interim results in September 2003. Trading was slightly weaker in the third quarter, but this was compensated for by a strengthening in the fourth quarter.

Services revenues have grown steadily across our geographies, particularly in the UK, as a result of previously announced managed services contract wins. Whilst product volumes have been satisfactory throughout the year, overall sales revenues have been constrained by material product price declines, exacerbated by the fall in the US Dollar.

Looking ahead it is too early to predict the outcome for 2004 but we believe Computacenter is well positioned to take advantage of any improvement in market conditions.

Computacenter plc will be announcing its preliminary results for the year ended 31 December, 2003 on Tuesday 16 March, 2004.