Trading Statement

Begbies Traynor Group PLC 05 October 2006 RNS release 5 October 2006 Update on Group Trading In a RNS Reach release today, Begbies Traynor Group plc (AIM:BEG) announced the formation of a third Corporate Finance operation, based in its Cornhill City of London office. This development augments the acquisition of an established Corporate Finance Team, based in Leeds in May 2005, which expanded into Manchester at the turn of the year. The Manchester operation was strengthened in the summer of 2006 by the addition of a further team of seven professionals. The Group now has Corporate Finance operations in three major city centre offices and has recently completed one of its largest ever mandates, advising on the management buy-out of William Cook Defence. In addition, since the Company reported its full year results in July 2006, it has, as expected, worked to integrate fully the two corporate recovery businesses acquired in May and June 2006. That process has progressed smoothly and both of these businesses are performing to plan. The Group is performing well and up to the Board's expectations and the strategy of growth by recruitment and in-fill acquisitions is progressing as planned. A substantive start to the longer-term objective for growth and development through international association has now been made through the launch of Begbies Global Network, announced last week and the executive board is now actively exploring growth into further complementary professional services. The directors are, therefore, unaware of any reason which would explain the recent downward trend in the market price of shares in the company. Enquiries, please contact: Ric Traynor/Graham McInnes Neil Boom/Tanya Feness Begbies Traynor Gresham PR Ltd. + 44 (0) 207 398 3800 +44 (0) 207 404 9000 This information is provided by RNS The company news service from the London Stock Exchange
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