Assetco Regulatory News (ASTO)

27 Sep 2007 07:03

AssetCo PLC27 September 2007 For Immediate Release 27 September 2007 AssetCo plc ('AssetCo' or the 'Company') Trading Update AssetCo plc, (AIM : ASTO) a leading support services group to the UK Fire andRescue Authorities, provides a trading update on its financial performance aheadof entering into the close period in respect of its half year ending 30September 2007. Trading in the period is ahead of our expectations. We continue to develop contract opportunities with new Fire & Rescue Authoritiesand have extended our services in excess of £50m with existing clients. The Group, in line with our strategic plan, continues to pursue expansion byacquisition. A number of small, but significant niche emergency servicesacquisitions are in advanced stages of negotiation. Interim Results are expected to be announced on 29 November 2007. Tim Wightman, Chairman of AssetCo, said: "AssetCo continues to make excellent progress and has exceptional growthopportunities. It has the leading market position built on an unmatched range ofservices and talents. The outlook for the rest of the year is very positive." For further information please contact: AssetCo Plc 020 85153999John Shannon: Chief Executive Officer Buchanan Communications 020 7466 5000Tim Anderson / Isabel Podda Hoare Govett 020 7678 8000Stephen Bowler This information is provided by RNS The company news service from the London Stock Exchange