Revision of Annual Report and Financial Statements

This revised annual report and the revised financial statements replace the original annual report and the original financial statements for the year ended 31 December 2009 which were approved by the Board of Directors and authorised for issue on 4 March 2010. They are now the annual report and the statutory financial statements of the company for that financial year. In accordance with the Companies Act 2006 (‘the Act’), the annual report and the financial statements have been revised as at the date of the original financial statements and not as at the date of this revision. Accordingly they do not deal with events between 4 March 2010 and 16 March 2010.

The revision relates to the misclassification of £3.1m of expenses between cost of sales and operating expenses. As a result, gross profit has increased from £60.6m to £63.7m, distribution costs have decreased from £40.0m to £36.3m, and administrative expenses have increased from £18.2m to £25.0m. Certain consequential revisions have been made in the Operational Review. There is no change to reported operating loss, adjusted operating profit, or net assets. All other line items in the primary statements and notes to the financial statements remain unchanged.

The Act requires that where revised financial statements and annual report are issued, a revised auditors’ report is issued.

Cautionary Statement

The Business Review and certain other sections of this Annual Report contain forward looking statements that have been made by the directors in good faith based on the information available to them up to the time of their approval of this report. However they should be treated with caution due to inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information and no statement should be construed as a profit forecast.