Olympus has updated its PEN range by announcing the E-PL5 and the E-PM2. During Photokina 2012 we had an interview with Olympus to find out more about these latest CSC's.

Olympus has updated and refreshed its PEN range of Compact System
Cameras, with the E-PL5 replacing the E-PL3 and the E-PM2 an update to
the E-PM1. While visiting Photokina 2012 we had an opportunity to speak to Mark Thackara, Olympus’s National Marketing Manager, and asked him to tell us all about these latest Compact System Camera releases.

Both models share the same 16.1MP CMOS sensor
that’s found in the company’s sought-after OM-D, with an ISO sensitivity
up to 25,600. Both models retain the two-axis image stabilization
system though, rather than the advanced five-axis internal image
stabilization set-up used by the OM-D.

Combined with Olympus’s
Fast AF, both PEN cameras feature Touch Shutter, allowing you to focus
and fire the shutter by simply tapping the rear screen. While the rear
screen sits flush with the body on the E-PM2, the E-PL5 sports a 3in
wide, 460k-dot tilt-screen that rotates 170°, meaning self-portraits are
possible. The design of both cameras has also changed, taking closer
design influences from the E-P3, while the E-PL5 has a removable grip.

are still to be confirmed, but expect the E-PM2 to be around £499 with
14-42mm, while the E-PL5 with the same lens will be around £649.