Trading Statement

Computacenter PLC 19 January 2006 For immediate release 19 January 2006 Computacenter plc Termination of offer discussions and Update on trading Computacenter plc announced, on 18 November 2005, that it had entered into preliminary discussions relating to a possible offer for the Company from a group led by Sir Peter Ogden and including Computacenter's executive management. The Company announces today that these discussions have not progressed to an offer and have now terminated. Computacenter is today providing an update on trading for the year ended 31 December 2005. Group profit before tax for 2005 is expected to be in the range of £32-34 million, materially ahead of market expectations, due to unusually strong demand from customers at the year-end. Cash generation was adversely impacted by the higher than expected sales in December which increased the level of working capital required at the year-end. In the UK, trading in the third quarter of the year was slow, but improved in the fourth quarter and was particularly strong in the latter part of December. As in 2004, the substantial increase in product revenue in the final days of the year is primarily related to sales of enterprise-type products and software as opposed to personal computers. UK service revenues were broadly the same as last year, with a modest increase in Managed Services revenues, offset by a reduction in Professional Services revenues. In Germany, trading in both the third and fourth quarters was encouraging. In France, performance in the second half improved substantially over the first half, as anticipated, such that full year revenues were broadly flat on 2004, despite being 14% down at the interims. As in the UK, trading in the latter part of December was very strong, in particular with Government institutions. Computacenter will announce its preliminary results for the year ending 31 December 2005 on Tuesday, 14 March 2006. Enquiries: Computacenter plc Mike Norris, Chief Executive 01707 631601 Tony Conophy, Finance Director 01707 631515 HSBC Bank plc Rupert Faure Walker (financial adviser) 020 7992 2101 Nick Donald (corporate broker) 020 7992 2151 Tulchan Communications 020 7353 4200 Andrew Grant Julie Foster HSBC Bank plc, which is regulated in the United Kingdom by the Financial Services Authority, is acting for Computacenter plc and no one else in relation to maters described in this announcement and will not be responsible to anyone other than Computacenter plc for providing the protections afforded to customers of HSBC Bank plc or for providing advice on matters described in this announcement. This information is provided by RNS The company news service from the London Stock Exchange
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