UPDATE 2-Trinity Mirror sees year in line with expectations

* Improvement in rate of revenue decline seen continuing

* In consultation on closing defined-benefit pension schemes

* Shares rise more than 3 percent

(Adds CFO, analyst comments, shares)

By Georgina Prodhan

LONDON, Nov 12 (Reuters) - British newspaper group Trinity Mirror (TNI.L) sees its rate of decline in revenues continuing to slow, echoing a trend seen by others in the industry, and said it was confident of meeting expectations for 2009.

Shares in the company rose 3.6 percent by 0825 GMT on Thursday, outperforming a flat European media index .SXMP.

The publisher of the Daily Mirror and a host of other national and regional titles said underlying advertising revenue had fallen 20 percent in the first 17 weeks of the second half, compared with a first-half decline of 28 percent.

"Whilst the trading environment will continue to be challenging over the remainder of the year and into 2010, we anticipate that the rate of decline in revenues will continue to improve," the company said in a statement on Thursday.