ITE Group plc – Other Recent Developments
•St Petersburg
-
New venue tenancy deal for 3 years to Autumn 2005
- Cost $2.3m
- Cheaper rate
per m²
- Security of
themes and datelines for 3 years
•Kyiv
-
New venue tenancy at new IEC venue in Kyiv
- Spring 2003 –
Spring 2008
- Cost $1.7m
- Cheaper rate
per m²
- Choice of
datelines
- Theme
protection/exclusivity for 5 years
- Potential
acquisition – approximately $2m
•Kazakhstan
- Consolidation of
existing business
- Excellent venue
relationship. Possible improved
contractual term within existing agreement term to December 2010
- Development of Atyrau
business
- 10 year anniversary of Kioge – Kazakhstan
International Oil & Gas Exhibition
- Edward Strachan new 3
year consultancy deal to 30th September 2005