Rapid progress being made

Core Business PLC (The) 15 June 2006 PRESS RELEASE For immediate release: 15 June, 2006 Trading Update The Core Business ('the Company'), the innovative beauty brand building business, has won five new consultancy projects, including a contract with a major blue chip retailer, and launched a new sun care brand since its shares were admitted for trading on AIM in March 2006. The Company is making rapid progress to implement its strategy to capitalise on brand building opportunities in the personal care and beauty sectors with a total of 29 new business presentations made since January 2006, compared to 12 presentations over the whole of 2005. Of the presentations this year, five have generated new consultancy projects with a further 18 having created opportunities which are at various stages of discussion. The new sun care brand, Blockhead, in which the Company has an interest through its 12.5% shareholding in Blockhead Brands Limited, and which launched just this year, has become the best selling sun care brand on the retail website www.mankind.co.uk. The brand is also now on sale through BAA outlets at both Heathrow and Gatwick airports. With the growth in the Company's activities, The Core Business has needed to expand the team with the appointment of a Marketing Assistant. The Core Business Chief Executive Stirling Murray said: 'The last three months have been very encouraging for The Core Business. When we listed on AIM, we stated that the additional funds raised would allow The Core Business to establish an infrastructure to identify and capitalise upon brand building opportunities within the personal care and beauty sectors. We are rapidly implementing our strategy to become a total beauty brand management group and look forward to further updating the market on our progress in the coming months.' For further information, please contact: The Core Business plc www.thecorebusiness.co.uk Stirling Murray, Chief Executive 020 7483 4300 May Jennings, Executive Brand Director Aquila Financial Ltd www.aquila-financial.com Peter Reilly 020 7202 2601 Vivienne Macey 020 7202 2602 Notes to Editors The Core Business was established in May 2004 by Stirling Murray to create, develop, launch and distribute personal care and beauty brands. It also provides consultancy and brand management services. The Core Business listed on AIM in March 2006 under the ticker 'CORE.' This information is provided by RNS The company news service from the London Stock Exchange

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