IGR Ig Design Group Plc

RNS Number:7423J
International Greetings PLC
15 March 2005


15 March 2005
                          International Greetings plc

                           Further European expansion

International Greetings plc ("International Greetings" or "the Group") (AIM:
IGR), the leading designer and manufacturer of private label greetings products,
wrapping paper and film and television character based licensed stationery
announces today that it has strengthened its position in Europe with the
purchase of a new 400,000 sq ft storage, manufacturing and distribution facility
for its Dutch subsidiary Hoomark.

Hoomark, which was acquired by the Company in November 2003 and produces gift
wrap for the European market, will transfer its existing production and storage
facilities into the new site. The move will allow International Greetings to
continue its expansion into mainland Europe and provide it with a transition
point to further develop sales into Eastern Europe.

The new facility is based in Hoogeveen in Holland, which is ideally situated for
distribution throughout Europe.

Commenting, Nick Fisher, joint chief executive of International Greetings said:
"We have seen strong progress from Hoomark since we acquired it at the end of
2003, but it can no longer continue to grow at its current location. The new
site is excellently situated in terms of providing access to mainland and
Eastern Europe and is large enough to accommodate both Hoomark's and the Group's
future expansion plans. We believe Europe represents an exciting opportunity for
International Greetings and see this move as a significant step forward in
achieving our ambitions there."

For further information:
Nick Fisher, International Greetings plc:                           01707 630630
Richard Sunderland, Tavistock Communications:                      020 7920 3150

About International Greetings:
International Greetings plc is a leading designer and manufacturer of private
label wrapping paper, greetings products and film and television character based
licensed stationery. It currently has over 1,000 employees and produces gift
wrapping paper, gift tags, ribbons, Christmas crackers, greeting cards and other
decorative accessories.

The Group provides wrapping paper and gift products to most of the major
high-street retailers and holds the licenses to produce merchandise for most of
the well-known family blockbusters which have been released this year,
including: Harry Potter and the Prisoner of Azkaban, Shrek 2, Thunderbirds and
The Incredibles.

The Group is based in the UK and, in November 2003, strengthened its position in
Europe through the acquisition of Hoomark, the Dutch based designer and manufacturer
of gift wrapping paper. The Group also has successful operations in the United
States, Hong Kong and, as part of its continued worldwide expansion, has recently
opened facilities in China and Latvia.

International Greetings was established in 1979. It listed on AIM in 1995 and is
currently capitalised at about #166 million.

Further information is available at www.internationalgreetings.co.uk



                      This information is provided by RNS
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