Trading Statement

Asfare Group plc 06 March 2006 Press Release 6th March 2006 Asfare Group plc ('Asfare' or 'the Group') Trading Update Asfare, the specialist supplier of products and services for the emergency services and homeland security market, today announces a trading update. The Group has seen a return to profitability in the second half of the year which will lead to a significant improvement in profitability for the full year to 31 March 2006 against 2005. This recovery is being driven by an increase in orders from a number of Asfare's customers and a clarification of the fire industry's procurement policy as foreshadowed by the Board on 28th November 2005. Todd Research, which was acquired in November 2005 for a cash consideration of £1.65m has been successfully integrated into the Group and has been profitable since acquisition. Asfare is pleased to announce the appointment of Chris Awcock as Managing Director of Todd Research from 20 March 2006. Chris Awcock is aged 43 and was previously employed at Pitney Bowes for ten years, latterly as Sales and Marketing Director between 1998 and 2000. Prior to joining Asfare he was the owner and Managing Director of Call Performance Ltd, a sales agency specialising in the sale of office related hardware, software and services. The Board continue to review a number of potential further acquisitions within the homeland security markets. The Group expects to announce its results for the year to 31 March 2006 on the 25th May 2006. The board also expects to recommend the payment of a dividend for the year to March 2006.' For further information, please contact: Enquiries: Asfare Group plc www.asfare.com Tony O'Neill, Chief Executive Tim O'Connor, Finance Director Tel: +44 (0) 2380 861 966 Seymour Pierce Mark Percy Tel: +44 (0) 20 7107 8000 Media enquiries: Abchurch Communications Ariane Comstive/Julian Bosdet Tel: +44 (0) 20 7398 7700 ariane.comstive@abchurch-group.com - Ends - This information is provided by RNS The company news service from the London Stock Exchange

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