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Investor contacts

Matthew Springett
Head of Investor Relations
Tel: +44 (0)20 7005 6337

James Tyler
Directors of Communications
Tel: +44 (0)20 7001 0076

Email:
ir@telecity.com

Highlights

• Revenue up 27.3% to £169.4m (2008: £133.0m)
• Earnings before Interest, Tax, Depreciation and Amortisation ('EBITDA') up 58.1% to £63.9m (2008: £40.4m)
• EBITDA margin up to 37.7% (2008: 30.4%)
• Adjusted⁽¹⁾ profit after tax up 108.9% to £32.0m (2008: £15.3m)

Statutory equivalents

The above highlights are before foreign exchange gains on financing items and, in respect of the prior year, a net deferred tax credit. These variable items are not considered to be part of the core business of the Group. If these items are included, the following statutory equivalents to adjusted profit after tax and adjusted diluted earnings per share are as follows:

• Profit after tax up 37.1% to £34.7m (2008: £25.3m)
• Basic diluted earnings per share up 36.4% to 17.6p (2008: 12.9p)

TelecityGroup is Europe's industry-leading provider of premium network independent data centres, offering a range of flexible, scalable and connected data centre and related value added services.

From colocation to fully managed hosting environments, TelecityGroup offers a suite of premium data centre and associated IT and internet services in key city locations across Europe.

The Group continues to strengthen the business by focusing on Growth, Delivery and Quality.