Trading Update

CSS Stellar PLC 25 October 2007 CSS STELLAR PLC TRADING UPDATE CSS Stellar plc ('the Company') today provides an update to shareholders on the progress at its wholly owned subsidiary the Peters Fraser & Dunlop Group Limited ('PFD'). Since the Company's interim announcement, published on 28 September 2007, PFD has been in discussions with numerous established talent agents eager to join the firm. PFD is now pleased to confirm that it is recruiting new agents to strengthen its team of dedicated and talented agents and assistants. Over the last few weeks, the Company has been investigating apparent inconsistencies in the payment of commissions and bonuses to certain employees in recent months. The Company has now decided that this investigation should be widened to include the period beginning 1 January 2005. This investigation will be handled independently by external accountants. When the investigation is complete, the Company will decide on the appropriate means available to it to recover any monies wrongly paid. Following the dismissal of the two joint managing directors of PFD in September, a further eleven employees (some of whom were previously directors of PFD) have been dismissed. Group trading remains in line with comments made in the interim announcement, and Management remains confident that underlying businesses provide a sound base for future growth. - Ends- For further information please contact: CSS Stellar David Buchler, Chairman Tel: 020 7647 9903 Bell Pottinger Piers Pottinger/ Andrew Benbow Tel: 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange
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