30 June 2008

                       Avid Holdings plc ("the Company")                       

                                  AIM Rule 20                                  

In accordance with AIM Rule 20, the Company confirms that its annual report and
accounts for the year ending 31 December 2007 has been sent to all shareholders
and can also be downloaded from the Company's website at:
www.avidholdingsplc.com

Enquiries:

Avid Holdings plc 01622 872 022

Jonathan Bobbett

www.avidholdingsplc.com

Zeus Capital 0161 831 1512

Ross Andrews

Ben Thompson

www.zeuscapital.co.uk



END



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