Interim Management Statement

Rensburg Sheppards plc
06 February 2008



                             Rensburg Sheppards plc

                          Interim Management Statement



Rensburg Sheppards plc ('the group') today publishes the second of this
financial year's biannual Interim Management Statements as required by the UK
Listing Authority's Disclosure and Transparency rules. This statement is in
respect of the period from 1 October 2007 to 6 February 2008.

We referred in our half-yearly report for the six months ended 30 September 2007
to the marked volatility in the UK financial markets during the latter half of
that period. This volatility, which resulted from what has become commonly
termed the 'sub-prime' crisis, has continued throughout the period now
being reported upon.

Against this backdrop, it is pleasing to be able to report that for the quarter
to 31 December 2007, the group's net revenue and operating profit from its
underlying trading activities increased over those for the corresponding period
of the prior year.

The group has over many years successfully pursued a strategy of working to
increase the proportion of income that is recurring in nature. For this
financial year to date, approximately 75% of the group's total income is
recurring in nature. Whilst weaker financial markets over a sustained period
would inevitably have an impact on the absolute level of income achievable, the
high proportion of its income recurring in nature leaves the group well
positioned to limit this downside.

Overall, the board remains satisfied with the financial position of the group
and with its prospects for making further progress.




For further information, please contact:

Steve Elliott, Chief Executive                       Tel: [phone]
Jonathan Wragg, Finance Director                     Tel: [phone]
Rensburg Sheppards plc

Nick Lyon / James White                              Tel: [phone]
Hudson Sandler


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