Thanks for the reply Kurt. Unfortunately your advice doesn't help though. I AM using a poly plane and the default settings, but my texture turns out all fuzzy. I followed your steps EXACTLY, but that was the result. The steps I took were:

1) Create a poly plane and centre it using the 'f' key
2) Rotate it 90 degrees in X
3) Duplicate it
4) Rotate te duplicate 90 degrees in Y
5) Open Hypershade
6) Create a Lambert
7) Add a file texture to the node (front image)
8) Select the front plane and right click on the Lambert
9) Select 'Assign to Selected'

Result: Exactly what the attached pic looks like.