RNS Number:6791L
Entertainment Rights PLC
29 May 2003



29 May 2003


                           ENTERTAINMENT RIGHTS PLC

                           CHAIRMAN'S AGM STATEMENT


At today's Annual General Meeting of Entertainment Rights PLC all resolutions
were passed.  The Chairman Rod Bransgrove said:


"Current trading within the Group continues in line with our   expectations. We
are particularly pleased with progress in the development of our wholly owned
properties, which are key to the continued growth of the Company.


In March, we confirmed new episodes for Basil Brush, Postman Pat and The Little
Red Tractor - all with the BBC. Since then we have made further progress in
developing consumer products from these important brands. Significantly, the BBC
will be using Basil Brush to promote the CBBC channel later in the year and his
international roll-out begins in Australia and Ireland in September. This Autumn
sees the launch of Basil Brush merchandise with a range of collectable plush
toys and exclusive video and DVD offerings. The new Postman Pat television
series, currently in production, is beginning to generate a great deal of
international interest and we envisage starting the worldwide roll-out of this
brand in early 2004.  In the UK, Postman Pat toys and exclusive video and DVD
offerings will be launched later this year in time for the key Christmas selling
period.


Last week we announced that the non-doll Barbie licensing agreement with Mattel
would not be renewed beyond 31 December 2003.  This is not anticipated to have a
material impact on the Group.  Entertainment Rights continues to have a strong
relationship with Mattel as evidenced by the announcement in March that the
Group had secured television and video rights to the third successive Barbie(R)
movie, BarbieTM of Swan Lake.  As with the previous productions these are
worldwide rights with the exception only of North America.  BarbieTM of Swan
Lake is currently scheduled for release in October 2003.


Our wholly owned properties are becoming increasingly established with a new
generation of children.  We continue to ensure that the Group has a balanced
portfolio of rights and is not dependent on any one revenue stream or a single
character for its   profitability, thereby ensuring benefits for shareholders in
future years."



Ends



Enquiries
Elizabeth Gaines
Finance Director
Entertainment Rights Plc                                 Tel 020 8762 6200

Tim Spratt / Michelle Morton
Financial Dynamics                                       Tel 020 7831 3113




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