AGM Statement

Tribal Group PLC
29 August 2001




TRIBAL GROUP 2001 AGM STATEMENT



Tribal Group plc, a leading UK professional support services company, held its
Annual General Meeting in Bristol today.  All of the resolutions proposed at
the meeting were duly passed.  In welcoming shareholders to the meeting David
Telling, Chairman of Tribal, commented:



'Results of 2001

In the year ended 31 March 2001, our first full year of trading, the Group
produced excellent results.  Excluding amortisation of goodwill and the costs
associated with employee benefit trusts, turnover was £17.5m; operating profit
was £3.1m.  Operating margins were 18 per cent.  Earnings per share were 7.1p.
  During the period the Group generated positive operating cash flow of £2.9m.
  On a pro forma basis, excluding amortisation of goodwill and the costs
associated with employee benefit trusts, turnover was £24.1m and operating
profit £4.8m.



Growth

We are seeing the benefits of cross-selling between our businesses and of
developing national coverage.  We are now strengthening our business
development capacity with a centralised bid team.



The Group recently acquired GWT Group, a leading recruitment advertising and
search and selection consultancy in Local Government, and we will continue to
make further acquisitions which either consolidate our position in our core
markets or take us into new areas.  Our core public sector markets in
education and local authorities offer excellent opportunities, and we continue
to win a number of contracts in these areas.



Current Trading

The Board is pleased that current trading is ahead of the corresponding period
in 2000 and is in line with the Board's expectations.



Prospects

I am positive that the outturn for the year as a whole will demonstrate
further substantial growth.'



For further information please contact:

Tribal Group plc - Henry Pitman, Chief Executive              01386 702900
Granville Baird - Nicholas Naylor                             020 7488 1212



Notes for Editor:

Tribal Group plc

Tribal Group plc is one of the leading professional support service
organisations in the UK, focusing on the education and information management
markets, predominantly into the public sector.


The company was admitted to AIM in February 2001.


The company's capability includes; professional development, e-learning,
management consultancy, inspection, property consultancy, recruitment
advertising and communication, search and selection and library and
information management.



Ends