Discussions Terminated

Anite Group PLC 24 September 2001 24th September 2001 Anite Group plc Discussions Terminated and Trading Update In light of the uncertain economic and stock market environment, the Board of Anite Group plc announces that the preliminary discussions referred to in the announcement of May 18, 2001 have ended. The Board would also like to reconfirm that the current outlook on Group trading remains in line with management expectations and the comments made at the AGM on 5 September 2001, the text, of which, is reproduced below:- 'Continuing the positive performance reported at the time of the preliminary results in July, Group trading has been strong in the current financial year, across each of our geographic markets. Public Sector is seeing the benefit of the integration of the ICL and Cedar acquisitions made since March 2001. Telecoms' trading has been in line with management expectations, although, as expected, growth is below last year's levels. Finance is trading strongly, whilst order intake within the Travel division has been exceptionally high since the beginning of the current financial year, including the recently announced £15m order for Airtours UKLG. I therefore look forward with confidence to the remainder of the financial year and continue to believe that we will report above average growth. Any growth shortfall in Telecoms is expected to be exceeded by the growth of the other three trading divisions, demonstrating the benefits of our well balanced and geographically diversified business.' For further information please contact: Anite Group Plc 0118 945 0121 John Hawkins, Chief Executive Simon Hunt, Finance Director Golin/Harris Ludgate 020 7324 8888 Reg Hoare / Laurence Read
UK 100

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