Trading Statement

MITIE Group PLC 29 March 2007 MIITE Group PLC - Pre-Close Trading Statement 29 March 2007 MITIE Group PLC ('MITIE' or 'the Group') will enter a close period on 1 April 2007. MITIE is pleased to confirm that it has performed well in the second half of this financial year and has continued to trade in line with management's expectations. Market conditions remain favourable. Progress in Security The integration of all of our security businesses, including that of last year's major acquisition, Initial Security Limited, has been successfully completed and MITIE will achieve the expected pre-tax synergy benefits of £3m per annum. MITIE Security is now a leading national business which is ranked second in the manned guarding market. It complements the Group's other activities, providing important opportunities for MITIE to deliver bundled services. In January, MITIE Security extended its long established relationship with Her Majesty's Courts Service ('HMCS') by securing all seven of the regional contracts tendered. The contracts are for an initial term of four years with the option of a two-year extension. MITIE Security's work with HMCS has grown from a regional contract with a value of £8 million per annum to a portfolio of contracts which are now worth in excess of £22 million per annum. Board changes As announced on 31 January 2007, Ruby McGregor-Smith, the Group's Chief Operating Officer, has been appointed Chief Executive of the Group with effect from 30 March 2007, succeeding Ian Stewart who will assume the role of Non Executive Deputy Chairman. The Group will announce its results for the year ending 31 March 2007, on Monday 21 May 2007. For further information, please contact: John Telling, T: 020 7022 8475 M: 07979 701006 Notes: MITIE is one of the UK's leading support services companies, delivering facilities, engineering and property services to more than 6,000 public and private sector clients. It is also one of the UK's largest employers with over 43,000 people supporting customers every day. MITIE provides all of the facilities services that organisations may wish to outsource including Catering, Cleaning, Document Management, Front of House Services, Energy Services, Engineering Maintenance, Facilities Management, Landscaping, Grounds Maintenance, Pest Control, Security and Waste and Environmental Services. MITIE also offers engineering and property services, improving buildings for its customers by providing Building Refurbishment, Fit-Out and Maintenance Services, together with Mechanical & Electrical Engineering. MITIE's unique share ownership ethos 'Management Incentive Through Investment Equity' (MITIE) encourages its employees to focus on what customers want. MITIE's success in delivering sustainable growth, through responsible and proactive engagement with stakeholders, has enabled the Group to become a FTSE 250 company, achieving annual revenues of over £1bn. For more information please visit www.mitie.co.uk or email group@mitie.co.uk. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Mitie Group (MTO)
UK 100

Latest directors dealings