Trading Statement

Pennant International Group PLC 02 December 2002 Pennant International Group plc Further to the announcement by Pennant International Group on 20 November 2002, confirming the award of two major contracts identified in its interim statement dated 9 August 2002, the Company is pleased to announce a major inflow of orders in Pennant Training Systems Limited. During the month of November 2002 Pennant Training Systems has received orders with an aggregate value of £1,000,000 covering support and product upgrade activities that will enhance capability for its clients worldwide. This represents the largest such order intake for over two years. The revenues from these orders will be recognised in the period to the end of 2003. This information is provided by RNS The company news service from the London Stock Exchange
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