Ls -3x Avgo Regulatory News (SAVG)

26 October 2010

Savile Group plc ("Savile" or the "Company")

Trading Update and Share options clarification

Trading update

Ahead of today's AGM, the Board wishes to make a trading update. The first quarter of the financial year has been disappointing for the Group. Despite the board practice and talent management services performing slightly ahead of budget, the outplacement business experienced very soft trading. Going into the second quarter, the current signs for outplacement show an increase in activity, but due to the lack of visibility in this market the outlook remains uncertain.

At present the full implications of the public sector cuts are yet to be seen, but the Group has positioned itself to take advantage of opportunities when they arise.

The Group continues to actively look at potential acquisitions which will both enhance the earnings of the Group and provide a more balanced revenue base less dependent on cyclical outplacement income.

Share option clarification

The Company would like to clarify the position regarding the share options granted in 2008 which had performance conditions attached. In the 2010 Annual Report it was noted that these options will vest if the Basic Earnings Per Share before tax ("Basic EPS") in each of the financial years ended 30 June 2009, 30 June 2010 and 30 June 2011 is equal to or exceeds 3 pence; and that the aggregate Basic EPS for the financial years ended 30 June 2009, 30 June 2010 and 30 June 2011 is equal to or exceeds 10 pence.

In the 2009 Annual Report the words "before tax" were not included. The Company can confirm that the original option agreements, which were filed with HMRC, define the Basic EPS as "dividing the Pre Tax Profits for the Relevant Financial Year by the fully diluted weighted average number of shares in issue during the Relevant Financial Year".

For further information, please contact:

Savile Group plc 020 7204 6990

Jonathan Cohen, Chairman

Mark Sidlin, CFO

FinnCap 020 7600 1658

Geoff Nash

Ed Frisby

Tom Jenkins (Broking)

Notes to Editors

Savile Group has three centres of excellence: CEDAR Talent Management, Fairplace and IDDAS providing coaching, mentoring, career transition and talent management to leading companies, professional services firms and the public sector.

CEDAR Talent Management offers extensive expertise in coaching, leadership assessment and development.

Fairplace has an enviable reputation for high quality career transition and career management.

IDDAS provides a range of board level career and business mentoring, coaching and boardroom services, including leadership development.

Further information on the Company can be found on its website, at www.savile.com