Trading Statement

Glen Group PLC 30 September 2005 Glen Group plc Trading Statement The Board of Glen Group plc ('Glen') is pleased to provide the following trading update for the year ending 30th September 2005, before entering a closed period and ahead of the preliminary announcement of its results for that year. Trading We have made very significant progress over the summer, despite this period being historically quiet, and the Board anticipates that the second half unaudited turnover will be materially higher than that of the first half with the full year turnover not less than £500,000, an increase of approximately 175% in the second half. The unaudited turnover for the first half was £182,421. In my half-year statement I indicated that the Board was focused on organic growth and a new Head of Sales had been appointed in May, as well as a continuing deployment of new sales people. We recently expanded this team into the Midlands and now cover a significant area of the northern UK from our base in Dalkeith, near Edinburgh. The Board is comfortable that the integrated IT and communications value added reseller model that we are rolling out to the SME market works well and we look forward to expanding our sales force, numerically and geographically, so that they eventually cover the whole of the United Kingdom. It is expected that our preliminary announcement will be made during December. 30th September 2005 Enquiries: Glen Group plc Tel: 0845 119 2102 Graham J Duncan, Chief Executive College Hill Tel: 020 7457 2020 Alex Walters This information is provided by RNS The company news service from the London Stock Exchange
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