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Trading update for the six months to June 2011 John Wood Group PLC ("Wood Group") issues the following pre-close trading update for the six months to 30 June 2011. Market conditions and Group performance are generally consistent with those outlined in the Interim Management Statement issued on 11 May, 2011. Overall, the Group has delivered good growth in the year to date and continues to anticipate full year performance in line with expectations. In Engineering, year to date performance and a strong order book continue to support our expectation of good EBITA growth in 2011. Upstream volumes have increased, albeit project deferrals continue in some areas. Subsea and pipeline continues to perform strongly and the downstream, process and industrial markets remain soft. Wood Group PSN has seen reasonable activity levels in the North Sea where we recently extended our TAQA Bratani contract for a further five years. In the US we are seeing strong demand for our onshore services, driven by activity in the shale regions, and steady performance offshore in the Gulf of Mexico. Performance in certain Australian contracts continues to be impacted by delayed start up, as does our contract in Oman. In Africa, we continue to be active including on contracts in Angola, Chad, Equatorial Guinea and Nigeria.

http://www.investegate.co.uk/Article.aspx?id=20110630070000P71F4

More director buys Director's dealing in shares The Company was today informed that Terry Willsteed, a non-executive director of the Company, has purchased 150,000 ordinary shares in the Company at a price of 16.5 pence per share. Following this transaction, Mr Willsteed will hold a total of 1,250,000 ordinary shares in IFL representing 0.226% of the Company's issued share capital.

The London Stock Exchange dropped its £2.44 billion takeover bid for TMX Group of Canada last night after it became clear that TMX shareholders would not back the tie-up. The collapse of the takeover, which was integral to the turnaround stategy of the LSE chief executive Xavier Rolet, leaves the London bourse humiliated and, in the medium term, vulnerable to foreign predators, according to the Times.

Outlook The sharp downturn in revenue and activity that the Group suffered during 2009 and 2010 required the Directors to consider the viability of each part of the Group and its structure. The Directors believe that the resulting changes have made the Group more streamlined, focused and efficient and this should enable it to capitalise on these achievements as the data centre market improves. On behalf of the board we would like to thank our staff whose dedication has helped the business during these lean times. Their professional approach and success in bringing new skills to the business has meant that the Group has emerged with considerably greater potential now than ever before and can continue to look forward to a positive future.

Results Revenue £8.5m (2009: £10.33m) Loss before tax £0.87m (2009: £2.43m) · Mountfield Building Group made a pre-tax loss of £0.95m (2009:£1.28m) based upon turnover of £4.5m (2009:£5.15m) for the year ended 31 December 2010, after eliminating inter-company trading. · Connaught Access Flooring made a pre-tax profit of £309,000 (2009:£369,000) based upon turnover of £4m (2009:£5m) for the year ended 31 December 2010. · Mountfield Land had no turnover during the year to 31 December 2010 (2009:£Nil) and recorded a loss of £1,073 (2009:£108,000 loss). · The Company made a pre-tax loss for the year ended 31 December 2010 of £227,047 which included a share-based payment during the year of £nil (2009:£986,000 loss including a share based payment of £242,000)

The Company is pleased to present the Group's financial statements for the year ended 31 December 2010 The year to 31 December 2010 proved to be a tough year for the Group with both subsidiaries - Mountfield Building Group Limited and Connaught Access Flooring Limited - experiencing a decline in turnover as challenging market conditions persisted. The return of tendering activity in our core data centre and IT market noted in the latter part of 2010 has continued to gather pace into 2011. In May 2011 the Company announced that it had been awarded three contracts with an aggregate value of approximately £5 million to fit out various data centres in the UK for leading data centre operators. The Directors are encouraged by the increased level in demand and are optimistic that it will continue. In May 2011 the Group completed a fundraising of £560,000, before expenses, resulting in the Group's shareholder base being enhanced with the addition of small cap institutions. The market for new data centres was weak in 2010, not only in terms of enquiries but also the construction of new data centres. General construction and fit-out work also suffered due to the difficult economic environment, as a result margins on contracts won remained under pressure. Working Capital As a result of the difficult market conditions, working capital has been under pressure and the Group has taken steps to manage its creditors, cut costs and restructure the business by moving further towards using sub-contract labour rather than employing a fixed workforce. In order to support the Group further, the Executive Directors have reduced their emoluments and also as loan note holders they have waived all interest relating to these loans (£130,355) for the year under review. In addition repayment of £4.4m of loan notes due in 2011 have been deferred to June 2016.

http://www.investegate.co.uk/Article.aspx?id=201106300735394313J

Espirito Santo upgrades Unite Group from hold to buy, target price raised from 226p to 248p.

Chairman's Statement The sale of the Group's largest subsidiary, DF Property Portfolio Limited (formerly Dataforce Group Limited) in May 2010, was the defining corporate event in 2010. The total consideration was £7.69m of which £6.19m was received on completion. This allowed all borrowings to be repaid and provided additional working capital. Since then the strategy has been to focus on the faster growing Customer Intelligence, Data, Database Development and E-commerce products, but the 2010 results are disappointing because progress has been much slower than expected. The Board does not recommend payment of a dividend.The Group is soundly financed, but due to its small size, the Board is evaluating a number of strategic options. During the year there were two Board changes. Rob Unsworth joined the Board in January 2010 as financial non-executive director and Prof. Martin Clarke resigned from the Board in March after five years of good service. I would like to use the occasion of this annual report to pay tribute to the hard work of the Twenty Plc staff. I would also like to thank our shareholders for their tremendous support and patience throughout this difficult period. Mark Patron Non-Executive Chairman

http://www.investegate.co.uk/Article.aspx?id=201106300700234087J

Ahead of final results on 30th June, Panmure Gordon reiterated its "sell" recommendation and 250p target price for commercial vehicle hire firm Northgate (NTG). According to the broker, the "strategic focus of the business continues to be based on enhancing the Group's ROCE through hire rate improvement and internal efficiencies" but this "will be difficult to maintain at this pace on a sustainable basis while also driving down debt." Consequently, Panmure believes "there are better opportunities elsewhere for geared recoveries on more attractive valuations."

Shore Capital retained its "buy" stance for Shire Pharmaceuticals (SHP) believing that the group's "ability to further dominate the fast growing ADHD franchise in the USA, remains underappreciated." The broker notes that Shire's dominance of the ADHD market appears to be growing, despite attempts to dilute its exposure, "thanks to its possession of the broadest portfolio of products and in particular the only branded (and patent protected) amphetamine-based molecule (Vyvanse)." This, according to Shore Capital could help drive market share back to the previous highs of 2002/3, suggesting potential additional sales of $750 million.

Daniel Stewart reiterated its "buy" recommendation for Private & Commercial Finance (PCF) but with a reduced target price of 10p, down from 15p, following results from the AIM-quoted finance house that showed a 14% drop in pre-tax profit to 455,336 pounds for the year to 31st March 2011. Despite reducing its 2012 forecasts to reflect the portfolio contraction seen last year, the broker believes PCF is well positioned with fewer competitors allowing increased margins on new business

Douglas Emslie, Group Managing Director, commented: "We are very pleased with the progress we are making; trading in the US, Middle and Far East continues to develop well and there are signs of economic recovery in France. The acquisition of IFO was an important step in the realisation of our 50/13 strategy to increase Tarsus' revenues from fast growing, emerging markets to 50% of our total by 2013. "We continue to see more interesting M&A opportunities in our market. The additional capital raised will also mean that a short term reduction in the Group's debt levels will provide additional flexibility, allowing us to continue with our growth strategy and take advantage of further potential opportunities." Our next update on performance will be provided at the interim results on 27 July 2011 which will cover the six month period to 30 June 2011.

Group trading in-line with expectations; forward bookings remain strong Tarsus Group Plc. ('Tarsus' or 'the Group') (LSE:TRS), the international business-to-business media group, is today providing investors with a pre-close update on trading since our IMS of 5 May 2011. Trading for the period has been in line with the Board's expectations. Forward bookings remain strong, with bookings for the Group as a whole continuing to accelerate and now stand at 85% of anticipated full year revenues compared with 75% at the same time in 2010 (as adjusted for biennial events). Revenues for Tarsus' two largest biennial exhibitions, the Dubai Air Show (in November 2011) and Labelexpo Europe (in September 2011), remain ahead of the comparable events in 2009 and both are on track to be record events. Bookings for Labelexpo Europe are already ahead of the actual 2009 result and are now tracking over 10% up on its previous edition. The Dubai Airshow bookings, as a result of strong orders received at the Paris Airshow last week, are now tracking ahead of its previous edition. From a strategic perspective, we are also seeing good progress with our "Project 50/13" initiative which is targeting a significant increase in our scale in Emerging Markets. On 7 June we completed the acquisition of 75% of the issued share capital of Istanbul based IFO, one of the largest independent exhibition businesses in Turkey, for up to £10 million in aggregate payable in cash. REW, the waste recycling exhibition, has been the first Turkish event to take place under our ownership and was in-line with our expectations. In addition, we placed 11,347,517 new Ordinary Shares with new and existing institutional investors at the placing price of 141 pence per share to raise approximately £16 million (approximately £15 million net of expenses) for the Company.

http://www.investegate.co.uk/Article.aspx?id=201106300700264134J

I will need to take a couple of days off to read the report !

http://www.investegate.co.uk/Article.aspx?id=201106300700254121J

Capital Drilling's Executive Chairman, Jamie Boyton, commented; "In the first half of the year we have made further progress in growing the business and have been awarded a number of significant contracts with a number of major mining groups including BHP Billiton and Kinross Gold. We are confident of continuing to expand our client base in the second half and delivering on our growth strategy."