AGM Statement

GB Group PLC
30 July 2003


For immediate release
Wednesday, 30 July 2003.


                   GB GROUP PLC ('GB')

              AGM Trading Update Statement

At  the  Annual  General Meeting  of  GB  held  today  in
Chester,  John  Walker-Haworth (GB's Chairman)  gave  the
following trading update statement to shareholders:

'In  my  statement  of 21 May 2003, as published  in  the
Annual  Report and Accounts, I indicated that significant
progress had been made during the financial year ended 31
March   2003  to  create  an  efficient  and  competitive
business of higher all-round quality than was the case  a
year  previously.  This trend has continued in  the  past
two months.

Trading

The fundamental objectives of the Group are to invest  in
its data software and services businesses and to increase
turnover  leading ultimately to higher profitability.  In
the quarter to June 2003, the size of the sales force was
increased  by  20% and greater resource was dedicated  to
the  sales  and  marketing  effort.   As  a  result,  the
pipeline  of  sales opportunities has grown and  turnover
was  ahead  of the corresponding period last year.   Cash
balances  at  29  July 2003 were £6.6 million  (31  March
2003: £6.7 million).


New Business Development

The  Group's  efforts to apply its core  competencies  to
develop new related revenue streams have continued.

GB's  new  product,  Authenticator(c),  checks  information
provided by individuals against reference data to confirm
identity  and is targeted at the prevention and detection
of  identify theft and fraud.  During the first  quarter,
Authenticator(c)  was sold to the Bristol &  West  Building
Society and HBOS for evaluation and GB is working closely
with  both organisations to refine the product  for  this
new  and developing market.  At the same time, GB's  work
has  continued  with BT Group plc with the  objective  of
developing  and  marketing  jointly  an  online  identity
authentication service called 'URU' (You Are  You)  based
on the joint application of GB's Authenticator technology
and BT's web services infrastructure.

Management

In  June, GB announced the appointment of Ian Davidson as
Managing   Director  of  its  DataCapture  and   DataCare
Division.   Ian, who is 38, joined GB from  Pitney  Bowes
Inc.  where he was Vice President of Enterprise  Accounts
and Software Sales for the Document Technologies Division
based  in Connecticut, USA.  Ian has extensive and proven
sales  and  management experience within GB's sector  and
his  experience  and  knowledge of international  markets
adds a new and welcome dimension to GB's management team.

His  appointment  followed that of Mona  Navin-Mealey  as
Group Finance Director in January and is the continuation
of our policy of building a team of youthful and talented
managers capable of developing the business effectively.


Prospects

With  regard  to  the prospects for the  coming  year,  I
repeat  what  I  said two months ago  that,  due  to  the
delicate state of the economy, it remains premature to be
anything other than cautious with respect to the year  as
a  whole,  recognising  that profitability  substantially
arises  in  the  second half of the year.  The  Directors
remain  confident  about  the  strength  of  the  Group's
underlying  business, and are encouraged by the  progress
being made to develop new revenue streams'.





For further information, please contact:

GB Group plc
Richard Law, Chief Executive                 01244 657333
Mona  Navin-Mealey,  Finance
Director

Weber Shandwick Square Mile                 020 7067 0700
Richard Hews
Christian San-Jose

Website                                      www.gb.co.uk



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