Quercus Publishing plc

February 02, 2011 02:01 ET

Trading Update

                                                                                       2 February 2011

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

                                            Trading Update

Quercus  Publishing  Plc  today  announces its trading update for the twelve  month  period  ended  31
December  2010 and reports that trading to the end of 2010 remained strong and that final results  are
expected to be in line with market expectations.

2010  saw  the Company grow market share in the UK to 1.37% (2009: 0.66%), a rise of 103% in a  market
that  declined  by  1.7%.  Stieg Larsson's Millennium Trilogy, for which  Quercus  has  world  English
language  rights  for  both print and digital editions, dominated the bestseller  charts  in  the  UK,
Ireland,  USA, Canada and Australia. The business saw double digit growth across its entire  offering,
underpinned by the development of our authors' reader base and a widening of distribution  in  the  UK

Significant  developments were made in our international markets, in particular the formation  of  our
Silver  Oak joint venture with Sterling Publishing in North America and the move in Australia  to  our
new sales and distribution partner, Pan Macmillan.

The Directors are pleased to report that the first title from Silver Oak, Three Seconds debuted on The
New  York  Times Best Seller list at number 9. The initial sales from the Australian market have  been
particularly strong.

Current  trading  is strong compared with the same period in 2010 and the Directors  look  forward  to
further growth in 2011.

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

Media Inquiries:
Charles Cook                                             Tel: 020 7776 8825

                                                      Mobile:  07710 910563

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.  Mark
Smith  was  recently  named  as Entrepreneur of the Year in the 2010 Grant Thornton  Growth  Companies

Contact Information

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