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Jarvis Securities (JIM)

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Friday 04 April, 2008

Jarvis Securities

Trading Update/Contract Wins

Jarvis Securities plc
04 April 2008


                                        
                              Jarvis Securities plc
                                        
                          ('Jarvis' or 'the Company')
                                        
                      Q1 Trading Update and Contract Wins


Jarvis is pleased to announce that it has continued to perform strongly during
the first quarter of 2008. Despite the  caveats raised in our last Annual
Report, the optimism of the Board that 2008 would be another promising year for
the  Company has been borne out during the first three months of trading.

Trade volumes are up more than 6% on the same period in 2007 and commercial and
retail client numbers continue to grow.  In addition, pre-tax profit is
currently running ahead of market expectation.

Jarvis is also able to announce that it has recently agreed and signed three new
commercial contracts for settlement  services. The firms involved are currently
at various stages of regulatory approval and preparation to commence  operations
and therefore further details will be issued in due course.

Commenting, Andrew Grant the Chairman of Jarvis said:

'I am very pleased that our confidence for 2008 has been well founded so far.
There are clearly many challenges for  financial businesses at the moment but
our outsourced services remain attractive to potential customers, particularly 
those looking to gain efficiencies and reduce costs. Volatility also benefits
Jarvis with increased trading volumes and  we have also gained from the current
credit environment. Jarvis has no debt and no exposure to investment instruments
and we have been able to obtain deposit rates significantly above base rate
because of the current high demand for  short-term cash in the market. I
continue to look forward with cautious optimism.'

Enquiries:

Jarvis Securities plc
Mathew Edmett                             Tel: 0870 224 1111

Daniel Stewart & Company plc
Lindsay Mair/Tessa Smith                  Tel: 020 7776 6550


Notes:

Jarvis Securities plc is the holding company for Jarvis Investment Management
plc (AIM: JIM.L) a stock broking company  and outsourced service provider for
bespoke tailored financial administration. Jarvis was established in 1984 and is
a  member of the London Stock Exchange; a broker dealer member of PLUS Markets,
authorised and regulated by the Financial  Services Authority and an HM Revenue
& Customs approved PEP and ISA manager. Jarvis has more than 30,000 retail
clients  and a growing number of institutional clients. As well as normal retail
broking Jarvis provides cost effective and  flexible share trading facilities
within PEP, ISA and SIPP wrappers.

Jarvis provides outsourced and partnered financial administration services to a
number of third party organisations.  These organisations include advisers,
stockbrokers, banks and fund managers. Jarvis can tailor its administration 
processes to the requirements of each organisation and has a strong reputation
for flexibility and cost-effectiveness.


                      This information is provided by RNS
            The company news service from the London Stock Exchange