Trading Statement

ITIS Holdings PLC
20 September 2006




                                 AGM Statement



The following statement will be read by Sir Trevor Chinn, Chairman of ITIS
Holdings plc ('ITIS' or the 'Company'), at the AGM to be held at Station House,
Stamford New Road, Altrincham, Cheshire at 10.00am today, 20th September 2006.

All areas of our UK business have traded strongly in the first five months of
the year and we therefore expect that full year profits will be ahead of
expectations.   The Company announced its first half year profit in the six
months to March 31st 2004.  Since then we have significantly increased both the
turnover and profits of our UK business which gives us continued confidence in
our ability to maintain this considerable growth. The business model is based
upon high operational gearing which is the driver not only for profit but is
creating strong cash generation.

Our growth in the UK has been led by consumer demand for factory fit and
aftermarket satellite navigation systems, markets in which we remain the
dominant provider of traffic information.  Since the start of the current
financial year we have renewed our contracts with the Ford Motor Company and the
BMW Group (BMW, MINI and Rolls Royce), the latter for an extended further period
of five and a half years.  These contracts demonstrate both our expertise in
this area and the high quality of our traffic data.  We continue to provide
traffic data to most of the leading manufacturers of personal navigation devices
and our business with central and local Government remains strong.  We continue
to add new services and functionality to our IVR business and have seen a steady
rise in the core minutes per user.

One of the major advantages of our software and systems is that they are not
restricted to use in the UK.  We remain confident of our ability to generate new
business overseas but we will continue to do this at a pace that is right for
the Company.  The licensing of our RDS-TMC software to Intelematics Pty of
Australia is a good example of how we can work with strong local partners who
are able to couple their knowledge and expertise with our technology.

We have previously stated that the success of our high quality CFVD technology
is highly dependent upon relationships with and the cooperation of mobile phone
networks. We are therefore very pleased to announce today that we are trialling
CFVD with one of the world's largest mobile operators.  This operator is funding
a project using our CFVD technology to demonstrate how anonymous signalling data
from its network can generate high quality information on road traffic and
general mobility within a large metropolitan area in Europe.  The results of
this study will be presented to both public and private sector organisations and
may lead to other deployments in countries where this operator has a strong
presence.

Despite previously highlighted delays outside of our control, we remain focussed
on fulfilling our obligations to deliver traffic information using CFVD in the
State of Missouri. We continue to believe that there is an exciting future for
CFVD in the US market.

Our NavTrak vehicle tracking business continues to grow, particularly among
owners of prestige marques and we are now supporting Bentley and Ferrari in 32
European markets.

The ITIS Board is very pleased with the continued growth and financial
performance of the Group and expects this to continue during the current year
and beyond.'


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Contact:

Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788

Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 3571



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