AWR Adwalker

 
TIDMAWR 
 
8 July 2009 
 
                                 Adwalker Plc 
 
                         ("Adwalker" or "the Company") 
 
              Suspension of Trading on AIM re Financial Position 
 
On 1 May 2009 the Company announced in a trading update that, amongst other 
things, in order to meet its obligations as they fall due the Company was 
reliant on the Directors and senior management deferring their salaries and the 
continuing support of its other creditors. In the event that any of this 
support was removed then the Company, in the absence of a significant increase 
in sales, increased bank facilities or a fundraising, would not be able to meet 
its obligations as they fell due. 
 
The Company announces today that it has not been able to conclude a 
fundraising, increase its bank facilities or increase its sales to a level to 
allow it to meet its obligations as they fall due and for the Company to 
continue to trade as a going concern. Consequently, the Board has resolved to 
seek to appoint a liquidator to the Company and to request an immediate 
suspension of trading of its Ordinary Shares on AIM pending clarification of 
its financial position. 
 
Further announcements will made in due course. 
 
Enquiries: 
 
Adwalker plc                                             Tel: +353 (1) 866 9000 
 
Simon Crisp 
 
simon@adwalker.com 
 
John East & Partners Limited                                 Tel: 020 7628 2200 
 
Simon Clements/David Worlidge 
 
 
 
END 
 

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