Trading Statement, etc

Synstar PLC 6 September 2000 Synstar Plc Trading Update 6th September 2000 Synstar, the pan-European provider of IT Services, today announced that the industry slowdown discussed with its half year results continues to impact many areas of the Group's activities, in particular Product sales and Network and Data Management projects. As a result the Board expects operating profit before goodwill amortisation for the full year ending 30th September 2000 to be in the region of £10m, which is at the lower end of analyst expectations. The Board remains confident that Synstar's high percentage of long-term contract revenues, strong balance sheet and pan-European presence give it an excellent platform for future growth in the IT Services market. The Board has noted the recent rise in its share price and speculation in a recent press article suggesting that the Company may have received an approach concerning an offer for the Company. The Board wishes to confirm that it has received no such approach. Further information: Synstar Plc Richard Ferre, Chief Executive Officer Stephen Gleadle, Finance Director (01344) 662 700 GCI Financial Roger Leboff / Nick Lambert / Geoff Callow (020) 7398-0800
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