Trading Update

CPL Resources PLC
14 June 2004


                    CPL Resources plc ('CPL' or the 'Group')

                        Pre Close Period Trading Update


Trading has continued to improve in line with the general improvement in the
Irish labour market and results in the second half to date have been ahead of
expectations. As a result, profit before tax for the year ended 30 June 2004, is
expected to be substantially ahead of current market estimates.

Anne Heraty, Chief Executive Officer, said; 'At the time of the interim results
the Group had produced a good performance for the half year to 31 December 2003
in a challenging environment. Employment activity has improved for each of our
divisions in 2004 with clients increasing their usage of flexible staffing.
Permanent placement is also improving particularly in the technology sector'


Enquiries:

Anne Heraty
CEO, CPL Resources plc
Tel: [phone]

14 June, 2004


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