Notice of Interims, Trading Update & Acquis...

7 December 2007

                           Begbies Traynor Group plc                           

                   Notice of Interim Results, Trading Update                   

                                and Acquisition                                

Begbies Traynor Group plc ("BTG" or "the Group") (AIM: BEG), the specialist
professional services organisation, today announces that its interim results
for the six months ended 31 October 2007 will be released on Wednesday, 30
January 2008, issues a trading update and announces the acquisition of David
Horner & Co, an insolvency practice based in Yorkshire, for an undisclosed sum.

Business insolvency

In the Group's core business insolvency marketplace, activity levels in the
first half of the financial year were 5% lower than the same period in 2006.
Although this is disappointing, it is considerably better than the market
overall, as borne out by latest official statistics from the Government's
Insolvency Service for the first nine months of 2007, which showed a 13% fall
in voluntary insolvency numbers year on year. This has been one of the quietest
periods for corporate insolvency for nearly 20 years, reflecting the ready
availability of easy credit up until the autumn of this year.

However, we are beginning to see the first signs of an upswing in the numbers
of instructions from UK businesses facing financial difficulties, which, if
sustained, will lead to an improvement in our market in the New Year. We are,
therefore, continuing to follow our growth plans. We have opened new insolvency
offices in Bournemouth, Derby, Dundee, Jersey and Leicester and have also
recently completed two acquisitions.

First, we recently reported the acquisition of, the insolvency activities of
Bartfields, a Leeds based accounting practice. Secondly, last week, we acquired
David Horner & Co Ltd, an insolvency practice with ten staff based in offices
in York, Middlesbrough and Doncaster.  These acquisitions enhance our
insolvency offering and strengthen our presence in the Yorkshire and North East
region and together are expected to add a total of over £2m of revenues on an
annualised basis.

We have built a national resource base of over 400 business insolvency
professionals working from 38 offices around Britain and are very well placed
to undertake the significant increase in work levels that a sustained upswing
in instructions will provide. Consequently, we expect our core activity to
deliver a stronger second half performance, although the combination of the
soft first half market and the increased resource base has impacted first half
profitability.

Consumer debt recovery

In the consumer debt market, external events have ratified our decision to
curtail activity a year ago and we do not expect to grow in this marketplace.
We continue to operate our existing business with the primary objective of
working out current cases and expect it to be modestly profitable by the end of
the financial year.

Other professional services

We continue to pursue our strategy of diversification into compatible
professional services and, as well as tax consulting, which is performing well,
we have invested in organic growth in corporate finance and start ups in
commercial finance broking, CRM systems consulting and asset valuations, as
well as augmenting our head office team and investing in our BGN international
network. All our new service divisions are being closely monitored through
their development phase.

Acquisitions

Our acquisition pipeline has continued to progress and impending changes to the
capital taxes regime, recently announced, have given increased impetus to a
number of our discussions with vendors.

We hope to complete a number of further acquisitions over the coming months,
particularly in those areas, such as insolvency, tax and forensics, which we
believe will remain resilient under more difficult economic conditions.

Summary

The effect of a quiet corporate insolvency market has resulted in broadly flat
Group revenues in the first half when compared to the same period last year,
despite an increased resource base. In addition, the investment in new offices,
service lines and personnel across the Group, and our new headquarters in
Manchester, has increased operating and finance costs in the first half
compared to last year. This has resulted in significantly lower profitability
for the first half when compared to the strong performance in the same period
last year.

Despite an anticipated stronger second half, we cannot be confident that the
profit shortfall from the first half will be recovered. Consequently, the board
currently considers that the Group's operating profit for the full year to 30
April 2008 may be 20% below that reported for the prior year. We will update
this view when we present the Interim Results at the end of January 2008.

Commenting, Ric Traynor, Executive Chairman, said:

"We are confident that the Group remains on track to achieve our medium term
strategy of building a substantial and diversified specialist professional
service group with strong counter cyclical revenues.

We have successfully built out our national resource base in recent years and
are therefore very well placed to undertake a significant increase in work
levels as the insolvency market picks up as we expect in 2008."

For further information, please contact:     www.begbies-traynorgroup.com   
                                                                            
Begbies Traynor Group plc                                      0161 837 1700
                                                                            
Ric Traynor, Executive Chairman                                             
                                                                            
John Gittins, Chief Financial Officer                                       
                                                                            
Shore Capital & Corporate Limited                              020 7408 4090
                                                                            
Guy Peters                                                                  
                                                                            
Smithfield                                                     020 7360 4900
                                                                            
Reg Hoare/Katie Hunt