Trading Statement

Cheerful Scout PLC
16 January 2006


                                CHEERFUL SCOUT PLC
                       'Cheerful Scout' or ('the Company')
                                  Trading Statement

The Company is pleased to announce that the unaudited Management Accounts for
the five months ended 30 November 2005 show a substantial increase in turnover
on a like for like basis with the corresponding 2004 period.

The Management Accounts were today submitted to the Companies Court as part of
the due process required for the elimination of the Company's Share Premium
Account which paves the way for possible shareholder dividend payments to be
made in the future.

It is also anticipated that the interim results for the Company for the six
months ended 31 December 2005 will be announced no later than Monday 27 March
2006.

For further information please contact;
Gary Fitzpatrick Cheerful Tel: [phone]
Isabel Crossley St Brides Media Tel: [phone]




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