Five year share price performance 2003-2007

Under the requirements of the Directors' Remuneration Report Regulations 2002, the Company is required to include a graph showing the Company's performance compared to an appropriate index. Set out opposite, the graph illustrates the Company's annual total shareholder return (share price growth plus dividends that have been declared, paid and reinvested in the Company's shares) relative to the FTSE Small Cap, FTSE All Share Media and FTSE Industrial Engineering Index for the five year period 2003-2007, assuming an initial investment of £100. The FTSE Small Cap and the FTSE Industrial Engineering Index are the broad market indices that include the Company and comprises comparable companies. For comparison purposes the FTSE All Share Media Index has also been included.

Five year historical total shareholder return performance. Growth in the value of a hypothetical £100 holding over five years.

Comparison based on 30 trading day average values for FTSE Small Cap, FTSE All Share Media, FTSE Industrial Engineering Index and Vitec Group shares

Graph shows growth in the value of a hypothetical £100 holding over five years.