Frp Advisory Group Regulatory News (FRP)

25 May 2012

Fairpoint Group plc

AGM statement - trading update

Fairpoint Group plc ("Fairpoint or "the Group"), the leading provider of advice and solutions to financially stressed consumers, is today holding its Annual General Meeting at which Matthew Peacock, Chairman, will make the following remarks on the Group`s performance for the first four months of 2012.

"Overall the Group has made an encouraging start to 2012. Although market conditions in the Group`s core activities show no improvement compared to the previous year, claims management services, whilst at the relatively early stages of development, are performing strongly and the overall performance of the Group is in line with market expectations for the year as a whole. The board expects to be able to further update the market on progress on or before the interim results announcement in September 2012."

Enquiries:

Fairpoint Group Plc

Chris Moat, Chief Executive Officer 0844 826 1209

John Gittins, Finance Director

Shore Capital (Nominated advisor and broker)

Pascal Keane 0207 408 4050

Edward Mansfield

FTI Consulting

Paul Marriott 0207 269 7243

Laura Pope