Trading Statement

Anite Group PLC 20 May 2005 For immediate release 20 May 2005 Anite Group plc Year End Trading Update Anite Group plc ('Anite' or 'the Group'), the worldwide IT solutions and services company, today announces a trading update for its financial year ended 30 April 2005. Highlights: • Strong performance with adjusted results* expected to be at the top end of the Board's expectations, reflecting a stronger than expected performance by Telecoms • Year end net funds of £37m, including £21m net receipts from disposals, and after high capex, continued high R&D and cash earnout payments of £8m Year End Trading Update Anite's adjusted results* are expected to be at the top end of the Board's expectations, reflecting a stronger than expected performance by Telecoms. Year end net funds stood at £37m, including £21m net receipts from disposals completed during the year, continued investment in R&D, cash earn out payments of £8m and high capital expenditure, including £5m invested in the new Fleet headquarters for Telecoms, which opens later this month. As previously stated, the Group will be reporting the results of disposed/closed businesses and ongoing businesses separately. Both Pericles and The State of Victoria contract continue to be the subject of management focus and there will be an update on both at the time of the preliminary results. The preliminary results for the year ended 30 April 2005 will be announced on Tuesday, 12 July 2005. *ongoing businesses before goodwill amortisation, exceptional items and utilisation of provisions Commenting on the update, Steve Rowley, Anite's Chief Executive, stated: '2005 was a year of strong recovery by Anite. We are now focusing on growth opportunities in our core markets, backed by our greatly strengthened balance sheet and following the successful sale of peripheral businesses.' - Ends - Anite Group plc www.anite.com Steve Rowley, Chief Executive 01753 804000 Christopher Humphrey, Group Finance Director Smithfield 020 7360 4900 Reg Hoare/Sara Musgrave Print resolution images are available for the media to view and download from www.vismedia.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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