Quercus Publishing plc

January 28, 2011 02:01 ET


                                                                                            28 January 2011

                                          Quercus Publishing Plc
                                       ("Quercus" or the "Company")


Mark  Smith,  co-founder and Chief Executive of Quercus Publishing Plc, the independent print  and  digital
publishing company, was named as Entrepreneur of the Year at the Grant Thornton Growth Company Awards on 26
January 2011.

Mr  Smith, aged 41, founded Quercus in 2004 with Wayne Davies. Both men were colleagues at Orion  Books,  a
subsidiary of the Hachette group. Over the past six years they have grown the company into a business  with
over £30m annual revenues and operations in the USA and Australia in addition to its UK base.

'Winning  this  award  is  a terrific compliment to the whole Quercus team,' Mr  Smith  said.  'Creating  a
substantial  and  profitable  business  from scratch in a highly  competitive  sector  like  publishing  is
challenging, and we have had our problems along the way. But we have always stuck to our original vision  -
a  business  which  combines the best aspects of new technology publishing with the key  elements  of  more
traditional publishing.'

Quercus listed on the PLUS market in 2006, and has a current market capitalization of c. £24m.  In the  six
months  to  June 2010 it made £3.3m pre-tax profit on revenues of £15m. Last month it launched  a  US-based
joint venture company, Silver Oak, in partnership with Barnes & Noble, the world's biggest bookseller.  The
first  book  to be published by Silver Oak, Three Seconds, is currently no9 in the New York Times  Top  Ten
Bestsellers list.

The Directors of Quercus are responsible for the contents of this announcement.

QUERCUS PUBLISHING PLC                                           Tel: 020 7291 7200
Mark Smith, Chief Executive

ST HELENS CAPITAL PARTNERS LLP                                   Tel: 020 7368 6959
Mark Anwyl or Duncan Vasey

Notes to Editors

About Quercus Publishing Plc

Quercus  Publishing  Plc  is an award-winning independent publisher in the trade, contract,  paperback  and
children's sectors. The Company was founded by Mark Smith and Wayne Davies in 2004 and listed in 2006. Mark
Smith is Chief Executive and Wayne Davies is Managing Director of the Contract Division.

Quercus  was  the fastest-growing trade publisher in the UK last year with sales rising 133%. Sales  across
all  sectors  have  continued  to be well ahead of management forecasts and, as  a  result,  the  Company's
performance  for  the  year  ended  31  December  2010 is  now  expected  to  significantly  exceed  market

Contact Information

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