New Academy / Trading Outlook

FDM Group PLC 29 January 2007 Embargoed for release at 7.00am 29 January 2007 FDM Group plc ("FDM" or the "Company") Opening of new City of London Training Academy Trading outlook New City of London Training Academy The Board of FDM Group plc, (LSE: FDMG), the IT services business, today announces that its new City of London Training Academy will be opening for business this week. The new Academy was conceived in response to continued client and industry appreciation of FDM's award-winning IT training programme. It is apparent to the Board that there is significant scope for FDM to increase the number of Mounties, who can then be placed with clients. Given that a considerable amount of FDM's work is sourced from organisations operating in London, the establishment of the new Training Academy represents a logical step in FDM's development to address the skills gap that continues to exist in the IT industry. The location of the new Training Academy, in the heart of the City of London, will offer FDM an additional pool of talent thus helping FDM to significantly increase its intake of IT recruits each year, and providing an important platform for the Company's projected growth. Trading outlook FDM's current trading remains strong, with demand for IT contractors and Mounties as robust as ever. FDM has a strong pipeline of new business prospects and has recently won several new clients, including Lloyds Register, Monster and Nomura. The booming financial services sector has enabled the UK to cross-sell Mounties to Mainland Europe and the USA with Deutsche Bank, HSBC, ABM Amro and Commerzbank. The Board remains confident of the Company's prospects for 2007, even after absorbing the costs associated with the establishment and fitting out of the new City of London Training Academy. As announced on 14 December 2006, the Group's results for 2006 will be in line with management's expectations. The total number of contractors being utilised at the end of 2006 was 626, including 153 internally trained Mounties, compared to 572 contractors, including 118 Mounties, as at 30 June 2006. Mountie utilisation rates were steady throughout the second half of the year at 97%. FDM will be announcing its preliminary results for the year ended 31 December 2006 on 21 March 2007. There will be an analysts meeting at 9.30a.m. at the offices of Pelham Public Relations, No. 1 Cornhill, London EC3V 3ND. Ivan Martin, Chairman of FDM, commented: "I am delighted to announce the opening of our City of London Training Academy. This is the next step in FDM's growth, as we continue to focus on delivering our unique Mountie model to our clients. The Board views 2007 with confidence and I look forward to reporting further success." For further information please contact: FDM Group Plc Noble & Company Limited Pelham PR Tel: 0870 060 3100 Tel: 0207 763 2200 Tel: 0207 743 6679 Rod Flavell, Chief Executive Officer Nick Naylor Archie Berens Julian Divett, Chief Operating Officer Nick Athanas Notes to Editors ABOUT FDM FDM is an international IT company providing IT staffing, and IT services to companies for over 20 years. With offices in the UK, USA and Europe, FDM has maintained its leadership in this highly competitive marketplace by investing in a unique, industry-leading training programme (FDM Academy). Like a number of other organisations in this sector, FDM supplies freelance IT contractors to clients. However, FDM also trains, certifies and places its own employed consultants (known as Mounties). This sets FDM apart from the majority of competitors in the IT staffing market, who rely on a shared agency database of IT contractors. STRUCTURE FDM is made up of two business units: IT Services - systems development, support and IT training utilising FDM's pool of Mounties and specialist freelance contractors. IT Staffing - offering freelance contractors for the duration of clients' projects. FDM ACADEMY FDM's award-winning Academy runs a unique fast track training programme designed to provide the IT staff of today and tomorrow. The Academy provides hi-tech apprenticeship schemes for developers (Sun Microsystems Java or Microsoft .NET), testers and finance analysts, Over 1000 IT professionals have now graduated from the Training Academies in the UK, Mainland Europe and the USA. TRACK RECORD FDM provides IT services across multiple business sectors including: Financial Services; Systems Integrators and Software Houses; Telecommunications and Broadband; Media and Transportation. Clients include blue-chip organisations such as JP Morgan, Sony, Barclays Wealth Management, Deutsche Bank, EDS, The BBC, Siemens and T-Mobile. KEY VENDOR PARTNERSHIPS FDM has established partnerships with industry heavyweights including IBM, Oracle, Sybase, Sun and Microsoft, enabling the Group to offer services in leading-edge technical environments. This information is provided by RNS The company news service from the London Stock Exchange

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