MMC.L Regulatory News (MMC)

20 April 2010

Management Consulting Group PLC

Interim Management Statement

To coincide with today's Annual General Meeting, Management Consulting Group PLC ('MCG' or 'the Group') today provides an Interim Management Statement for the period from 1 January 2010 to 20 April 2010.

As reported in our Preliminary Results Statement on 8 March 2010, the economic climate has eased from that experienced in the middle part of 2009 and the Group's trading outlook for 2010 remains as indicated at the time of that Statement. The Group will continue to manage its affairs to ensure that it remains within its covenant limits.

New business input booked so far in 2010 is above that for the equivalent period last year and the order book continues to trend upwards. Alexander Proudfoot has significantly more leads for new business than at any stage last year. It has booked and is currently working on some sizeable projects but is finding that others in the pipeline are taking longer than expected to come to fruition. In total, input at Ineum Consulting is good even if the current performance of the French market is patchy, with some areas very strong and others weaker. Kurt Salmon Associates continues to trade more profitably than in 2009, leveraging its reduced cost base to good effect. The merger of Ineum Consulting and Kurt Salmon Associates is proceeding well. The combined business will be known as 'Kurt Salmon' from the beginning of 2011.

It is also announced today that Nick Stagg, who joined the Board of Directors on 21 October 2009, is appointed Chief Executive of the Group with effect from 1 July 2010. Before joining MCG Nick was CEO of Teather & Greenwood Holdings PLC and, prior to that, managing director of WS Atkins International PLC.

Executive Chairman Alan Barber said, "Although the Group's current trading continues to feel the effects of the recent recession, encouraging signs in our order book and pipeline are quite evident. I am delighted that Nick is becoming Chief Executive at this time. His extensive background in managing and developing businesses which rely heavily on the motivation and talent of their employees will be extremely valuable at MCG as we move forward. As reported in March I intend to continue as Executive Chairman until the end of 2010 and will see through Nick's induction and the merger of Ineum Consulting and Kurt Salmon Associates, before transitioning to the Non-executive Chairman role."

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Notes to editors:

Management Consulting Group PLC (MMC.L) provides professional services across a wide range of industries and sectors.

It comprises three independently managed practices: Alexander Proudfoot; Ineum Consulting; and Kurt Salmon Associates. Alexander Proudfoot develops and implements operational improvements to its clients to increase productivity and reduce costs. Ineum Consulting provides consultancy services to a wide range of industries in both the private and public sectors. Kurt Salmon Associates provides consultancy services to the retail and consumer products sector and to the health care provider sector. The Group operates worldwide. For further information, visit www.mcgplc.com.