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Monday 06 July, 2009

Trading Statement

RNS Number : 1026V Group PLC
06 July 2009 Group PLC - trading update

6th July 2009 Group PLC ('' or the 'Group'), the UK's leading price comparison site, issued the following trading update relating to the six month period ending 30th June.

The financial performance of the Group for the first half of 2009 has remained broadly consistent with the position outlined in the Interim Management Statement released on 16 April and results for the period are expected to be in line with the Board's previous expectations.  

Peter PlumbChief Executive Officer, said: 'When I took over as chief executive in February I set out a clear agenda for the year ahead - and in the first six months of the year we have done what we said we were going to do.  We have reshaped our organization, taken action to reduce our costs, and invested in our core systems to ready them for the next phase of our growth with the aim of giving customers a much improved experience.  We also launched a new version of  We have refocused both our online and offline advertising and launched a new TV advertising campaign in mid-June featuring Peter Jones.'

- ends -

The information in this release is based on management information.

For more information, please contact: Group PLC

Paul Doughty, Chief Financial Officer, 01244 665700

Ian Williams, Director of Communications, 07515 329671

Tulchan Communications

Susanna Voyle, 0207 353 4200

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