Arbuthnot Regulatory News (ARBB)

14 Jul 2006 10:34

Arbuthnot Banking Group PLC14 July 2006 ARBUTHNOT BANKING GROUP PLC PRE-CLOSE PERIOD UPDATE Arbuthnot Banking Group PLC ("the Group") is today issuing a trading updateahead of the close period relating to the six months ended 30 June 2006. The Group's trading has been in line with expectations during the first half of2006, notwithstanding the recent deterioration in financial markets. Arbuthnot Securities has performed strongly, building on the progress made in2005 and offsetting some weakness in Secure Trust Bank. Arbuthnot Lathamcontinues to grow and to invest in developing its business. The full year resultwill, as in previous years, depend on the extent and timing of corporate financedeals, but overall the directors remain optimistic for the remainder of 2006. Enquiries: Arbuthnot Banking Group PLC Henry Angest, Chairman and Chief Executive Tel: 020 7012 2400Stephen Lockley, Group Finance DirectorAndrew Salmon, Chief Operating Officer Maitland Lydia Pretzlik Tel: 020 7379 5151Richard Farnsworth Notes to Editors Arbuthnot Banking Group Arbuthnot Banking Group PLC is an independent, diversified financial servicesgroup providing banking and financial products and services to individual andcorporate clients through its three divisions. Arbuthnot Latham offers a highquality personal banking and wealth management service; Arbuthnot Securitiesprovides a full range of institutional stockbroking and corporate financeadvisory services focused on UK small- and mid-cap companies; and Secure TrustBank provides household cash management, personal loans, banking, insurance,investment management and estate agency services. Arbuthnot Banking Group PLC has approximately 650 staff and is headquartered inthe City of London with operations throughout the United Kingdom. Its shares arequoted on the Alternative Investment Market of the London Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange