Final Results

Talent Group Plc ('Talent' or 'the Company')                  

                              Preliminary Results                              
                     for the year ended 30 September, 2005                     

Chairman's Statement

I am pleased to report your Company's results for the year ended 30th September
2005. This has been a year of further progress towards our twin goals of
sustainable profitability and increased programme making.

Turnover for the year increased to £5,619,000, from £5,424,000 in the previous
year, resulting in a profit before goodwill amortisation and taxation of £
165,000 (£15,000 in 2004) and a profit before taxation of £46,000 (loss of £
104,000 in 2004), which is our first since the Talent Group was admitted to
AIM, on the reverse takeover of RMR plc at the end of 2002. Your directors are
not recommending payment of a dividend for the year.

We have had a particularly active year. As well as producing four more
programmes in our successful Test the Nation series for BBC ONE, we also
produced an entertainment feature, What Did ITV Do For Me?, as part of ITV's
50th anniversary celebrations, along with a short series of our hit children's
format, Best of Friends, set in South Africa, as part of the BBC's 'Africa
Week' special event in July 2005. Test the Nation also gained industry plaudits
by winning a Rose D'Or at the international television festival in Switzerland
in the summer and we have also licensed the format to Contender Entertainment
Group to produce two interactive DVDs, the first of which is in the shops now
for the current Christmas season. Our advance royalty income from this is
reflected in the figures reported today.

I am also delighted to report that the Company has started the new financial
year with our strongest slate of commissions in its history. These include our
first commission from Channel 4, a documentary entitled The Hunt for the Man
with 80 Wives, and Must See TV, an entertainment series for ITV. These titles,
along with the new factual entertainment format How Euro Are You? that we
produced for BBC TWO earlier in the year, means that four of the five major
terrestrial channels in the UK are now our clients.

We are beginning to reap the rewards of our investment in people by realising
the added value of owning Rights and Intellectual Property. This is
demonstrated by the Test the Nation interactive DVD launch to which I referred
previously. For all these reasons, I am looking forward to a continued
improvement in our performance in the current year.

Board Changes

Colin Nicholl has decided not to seek re-election at the AGM and so, on behalf
of the Board, I would like to thank him for his contribution to the Group over
the last three years.

Once again, my thanks go to the whole team at Talent, our advisers and our
shareholders for their continued support over the last twelve months.

Robert J Benton
Chairman
13th December 2005

Managing Director's Review

A YEAR OF FIRSTS

I am pleased to report that this year has been a year of continued progress.

On the production front, Talent TV recently secured its first commissions from
Channel Four and BBC TWO, which resulted in the Company being in production, at
the same time, on programmes for four of the five major UK terrestrial
broadcasters. And the first Test the Nation interactive DVD has been listed by
most major retailers, showing the meaningful progress that is being made in the
exploitation of the Company's secondary rights.

As we create and produce more of our own Intellectual Properties and
programmes, the successful exploitation of secondary rights will take on more
importance to the blend and timing of the Company's revenue. The objective now
is to utilise the Company's current resource to its full capacity and keep the
positive momentum going in order to grow more material profits for your
Company.

Our Productions

Test the Nation (BBC ONE) 'The 2005 Test' in December will be the fourteenth
programme in the series and I'm delighted to say that the BBC's faith in it
continues to be rewarded. As Broadcast magazine from the 28th October 2005
stated… 'BBC1's Saturday night also depends heavily on independents. Talent TV
has cornered the market with Test the Nation - this week (ending 9th Oct) it
had the Know Your English Test on Saturday at 9.10pm with 5.4 million viewers
and a 25% share, on a night when BBC1 overall got a 23% share'. Earlier in the
year, Test the Nation also won a prestigious international Rose D'Or in
Lucerne, whilst in October it was nominated by a voting public for a National
Television Award. With two further shows already confirmed for the first half
of 2006, we are confident that this major programming brand will continue to
perform well.

Test the Nation - Japan (TV Asahi) The last 'IQ Test' in Japan performed well
in the ratings and was re-commissioned for a third outing in November 2005. As
a result of this success Talent TV continues to improve its access to Japanese
broadcasters and we will be pitching a number of new entertainment formats to
Japan in the coming months.

Best of Friends (CBBC) Following the very successful first two series of Best
of Friends, we were delighted to be asked by the BBC to produce a `special'
series of five episodes filmed in South Africa as part of the BBC's 'Africa
Week' last summer. When broadcast, three of our five episodes were listed in
that week's Top Ten Most Watched Children's programmes, with one episode coming
second in terms of audience ratings. Following this success, I am pleased to
say that the BBC has confirmed its commitment to Best of Friends by
commissioning a full third series. This time the order is for twenty episodes,
our largest order to date.

What Did ITV Do For Me? (ITV 1) For most television viewers, it was difficult
to miss the fact that in September this year, ITV celebrated its 50th birthday.
Talent TV was proud to be commissioned to produce one of the official
`specials' for this anniversary - What Did ITV Do For Me? Originally
commissioned as a 90-minute programme, the quality of material provided by our
featured celebrities (who included Sir David Jason, Simon Cowell and Sir Roger
Moore), meant that ITV created a two hour slot for the show. It performed well
in terms of audience ratings and was feted within the TV community for its high
production values.

Made in LA (SKY One) This was another production that was recognised for its
high production values. This 3-part series, presented by Nicki Chapman, was an
interesting look at life in Los Angeles and has already been picked up for
transmission by a number of overseas broadcasters.

How Euro Are You? (BBC TWO) Our first commission from BBC TWO, this live,
90-minute interactive programme looked at British attitudes to Europe.
Presented by the BBC's former Political Correspondent Andrew Marr and comedian
Dara O'Briain, it was also our first commission from BBC News and Current
Affairs. Intended to bring a serious factual topic to the audience in a more
entertaining and accessible way, it was seen as an interesting venture and at
the time of writing we are in negotiations with BBC TWO about tackling other
serious subjects in a similar way.

Casino Casino (Challenge?) Once again a co-production with Gag Productions, the
second series of nineteen programmes was presented this time by Martin Kemp.
Based on the success of the first series, the length of each programme in this
subsequent series was increased from a 30-minute to a 60-minute slot length
and, again, we delivered top quality production values to create a glossy
series which blended game show and reality with a dash of humour.

You Be the Judge (BBC ONE) This format, created by Hong Kong based format
creator Robert Chua, offered the public the opportunity to settle outstanding
disputes live on television. Both parties in dispute were given practising
barristers to put forward their respective cases, on the understanding that
each party would abide by the judgment resulting from a public vote. It has
been acknowledged as a highly creative concept that explored the current trends
in interactivity.

A Fashion Tribute - Matthew Williamson This was our fourth fashion documentary
based on the prestigious Moët & Chandon Fashion Tribute which this year went to
Matthew Williamson. Fully funded by the champagne house, we are currently
negotiating with broadcasters for a slot for the programme.

In Development

Development needs to be constantly re-invented to remain fresh. Earlier this
year we reviewed and restructured our approach and departmental structure. As a
result, we now have a larger number of entertainment formats at run-through
stage pending pilots with BBC Daytime and Channel Four than we had at this time
last year. Your company has a healthy slate of good quality projects across the
other genres such as factual entertainment. In addition, My Teen Genie, our
teenage comedy drama is back in script development, this time as a European
co-production with French production house Moonscoop and state broadcaster
France 2. More information will be released to you over the coming year.

Looking ahead to 2006, we can anticipate several projects already in or about
to go into production. These include The Hunt for the Man with 80 Wives
(documentary - Channel Four) which follows the trail of Warren Jeffs, who has
fathered more than 250 children; and Must See TV (entertainment series - ITV 1)
which is a 'celebrity-fan' led series looking at some of ITV's landmark shows.
We are confident that other fresh commissions will follow these new titles.

Progress In The New Era

In a year when the cost of last year's investment in people started to be seen,
your directors are pleased to report a continued improvement in profits and
cash flow. We are also pleased that progress has been made not only in the
number and variety of commissions but also in the generation of meaningful
revenue from the exploitation of secondary rights. You will all have seen the 
Test the Nation DVD in high streets around Britain over Christmas but are less
likely to have seen episodes of Made in LA on-air in Sweden or any of the forty
three hours of our older series The Villa, recently sold to Fox Reality Channel
in the USA. All, however, add to the revenues of your Company. The retention of
Intellectual Property and programme rights, and the subsequent exploitation of
those rights, will enable the independent television production sector in the
UK to grow in size and profitability in a way that was impossible prior to the
2003 Communications Act. A new era has arrived for UK 'indie' producers.

In the past twelve months, Talent Television has secured more commissions
across a greater number of genres and from a greater number of broadcasters
than ever before. This positive start, along with the major opportunities now
available, means your directors are confident about building on this momentum.
By adding new productions and programming brands to our existing titles,
without substantially increasing our cost base, we are cautiously optimistic
about improving the profits of your Company.

Tony Humphreys
Managing Director
13th December 2005


Group Profit and loss account
For the year ended 30 September, 2005

                                                            Year           Year
                                                        ended 30       ended 30
                                                                      September
                                                       September           2004
                                                            2005               
                                                                          £'000
                                                           £'000               
                                                                               
Turnover                                                   5,619          5,424
                                                                               
Cost of sales                                            (3,964)        (4,210)
                                                                               
Gross profit                                               1,655          1,214
                                                                               
Operating costs                                          (1,508)        (1,213)
                                                                               
Goodwill amortisation                                      (119)          (119)
                                                                               
Administrative expenses                                  (1,627)        (1,332)
                                                                               
Operating profit/(loss)                                       28          (118)
                                                                               
Net interest                                                  18             14
                                                                               
Profit/(loss) on ordinary                                     46          (104)
activities before taxation                                                     
                                                                               
Tax on profit/(loss) on                                                        
ordinary activities                                                            
                                                                               
- Current tax                                               (16)            (3)
                                                                               
- Deferred tax                                              (11)           (20)
                                                                               
Profit/(loss) for the year                                    19          (127)
                                                                               
Basic profit/(loss) per share                              0.12p        (0.79)p
(pence)                                                                        
                                                                               
Diluted profit/(loss) per share                            0.12p        (0.77)p
(pence)                                                                        
                                                                               

The profit and loss account has been prepared on the basis that all operations
are continuing operations.

There were no recognised gains or losses other than the loss for the financial
period.

The accompanying accounting policies and notes form an integral part of these
financial statements.

Group balance sheet
As at 30 September, 2005

                                      30 September 2005       30 September 2004    
                                                                               
                                     £'000        £'000        £'000      £'000
                                                                               
Fixed assets                                                                   
                                                                               
Intangible assets                                   922                     987
                                                                               
Tangible assets                                      43                      42
                                                                               
Investments                                           -                        
                                                                               
                                                    965                   1,029
                                                                               
Current assets                                                                 
                                                                               
Stocks                                  41                        54           
                                                                               
Debtors                                736                       656           
                                                                               
Cash at bank and in                                                            
hand                                                                           
                                                                               
- General                              594                       364           
                                                                               
- Controlled                           588                       794           
Productions                                                                    
                                                                               
                                     1,959                     1,868           
                                                                               
Creditors: amounts                 (1,553)                   (1,534)           
falling due within one                                                         
year                                                                           
                                                                               
Net current assets/                                 406                     334
(liabilities)                                                                  
                                                                               
Total assets less                                 1,371                   1,363
current liabilities                                                            
                                                                               
Creditors: amounts                                    -                    (11)
falling due after more                                                         
than one year                                                                  
                                                                               
Net assets                                        1,371                   1,352
                                                                               
Capital and reserves                                                           
                                                                               
Called up share                                   6,310                   6,310
capital                                                                        
                                                                               
Share premium account                            11,634                  11,634
                                                                               
Profit and loss                                (16,573)                (16,592)
account                                                                        
                                                                               
Shareholders' funds                               1,371                   1,352
                                                                               

Group cash flow statement
For the year ended 30 September, 2005

                                                 Year ended 30   Year ended 30
                                                September 2005  September 2004
                                                                              
                                                         £'000           £'000
                                                                              
Net cash inflow from operating                              83             510
activities                                                                    
                                                                              
Returns on investments and servicing                                          
of finance                                                                    
                                                                              
Interest paid                                                -             (2)
                                                                              
Interest received                                           18              16
                                                                              
                                                            18              14
                                                                              
Taxation                                                     -             (1)
                                                                              
Capital expenditure and financial                                             
investment                                                                    
                                                                              
Purchase of tangible fixed assets                         (18)            (17)
                                                                              
Sale of tangible fixed assets                             (59)               -
                                                                              
                                                          (77)            (17)
                                                                              
Increase in cash                                            24             506
                                                                              

Notes to the preliminary Results

1. PUBLICATION OF NON-STATUTORY ACCOUNTS

The financial information set out in this preliminary announcement does not
constitute statutory accounts as defined in Section 240 of the Companies Act
1985.

The group balance sheet at 30 September, 2005 and the group profit and loss
account, group cash flow statement and associated noted for the year then ended
have been extracted from the Group's financial statements. Those financial
statements, on which the auditors have reported an unqualified opinion, have
not yet been delivered to the Registrar of Companies.

2. DIVIDENDS

The Directors are not proposing the payment of a dividend in respect of the
year ended 30 September, 2005.

3. LOSS PER ORDINARY SHARE

The profit/(loss) per share is based on a profit of £19,000 (2004: a loss of £
127,000), being the profit attributable to ordinary shareholders, and a
weighted average of 16,210,284 (2004: 16,210,284 ordinary shares). The diluted
loss per share is based on a weighted average of 16,978,914 shares (2004:
16,587,750).

4. COPIES OF REPORT AND ACCOUNTS

Copies of the Report and Accounts will be sent to shareholders shortly and will
be available to members of the public from the Company's registered office,
Lion House, 72-75 Red Lion Street, London, WC1R 4GB.

Enquiries

Talent Group Plc
Tony Humphreys Tel: [phone]

John East & Partners Limited
John East/Simon Clements Tel: [phone]

Millbrook Partnership
Timothy Grey Tel: [phone]