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FI Group PLC (XAN)

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Friday 08 September, 2000

FI Group PLC

AGM Statement

FI Group PLC
8 September 2000

                                       
                                 F.I.GROUP PLC
                                       
                        TRADING UPDATE - AGM STATEMENT


At the company's Annual General Meeting today, Hilary Cropper, Executive
Chairman, stated:

'Trading  for F.I.GROUP started well during the first quarter and is  in  line
with  management  expectations  for the full year.   Druid's  performance  has
continued to improve gradually consistent with our expectations, but is likely
to  make a small loss at the half year, a probability we expected at the  time
of  the  Preliminary  Results  on 28 June 2000.   We  believe  Druid  will  be
delivering a credible performance by the year-end, again, as we anticipated in
June.  We are convinced of the strategic rationale for the acquisition and are
pleased  that Druid is already supporting several major FI customers  and,  in
conjunction  with other group businesses, is winning new global customers  for
the Group.

'Meanwhile the consultancy business, OSI, and First Banking Systems, the joint
venture with the Bank of Scotland, continue to trade strongly.

'The pipeline for big deals and joint ventures continues to be strong and
growing and contracts signed since the year end which include Centrica (£23
million) and HM Customs & Excise (potential of £25 million) clearly indicate
the strength of the new Group proposition.'


Enquiries:

Hilary Cropper, Executive Chairman
Jo Connell, Group Managing Director
Geoff Dunn, Group Finance Director
F.I.GROUP PLC                                         01442 233339

Giles Sanderson
Jon Earl
Financial Dynamics                                   020 7831 3113