Servelec Group Regulatory News (SERV)

15 January 2014

Servelec Group plc

Post Year End Trading Up-date

Following the successful listing on the main market of the London Stock Exchange on Monday 2 December, Servelec Group plc ("Servelec"), today announces a trading up-date for the year ended 31 December 2013.

Since the listing, Servelec has continued the good progress it made through 2013 and the full-year results will be in line with the Board's expectations.

Sales activity in Healthcare is increasing and Servelec has been awarded the first two Trust wins as part of the on-going Camden (London and the South) re-fresh programme. With regards to Servelec Automation, across both Controls and Technologies, the anticipated shift from the design stage to the pricing stage for our products and services with a number of our customers continues to progress in line with our expectations.

Following the acquisition of Semaphore in October 2013, the integration programme is progressing well and we are delighted to have recruited Andrew Sullivan from Ultra Electronics as Managing Director of Servelec Technologies to further assist this process.

Alan Stubbs, Chief Executive, commented: "Following our successful listing, we are pleased that our strong performance has continued to deliver a full-year performance in line with the Board's expectations. The outlook for the structural and regulatory growth drivers across our markets remains encouraging and we are looking forward to capitalising on these exciting opportunities as a listed company."

Preliminary results for the year ended 31 December 2013 will be announced on 12 March 2014.

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Notes to Editors

Servelec Group plc is a UK-based technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, water, utilities and broadcast sectors.

Servelec Group has two divisions; Servelec Healthcare and Servelec Automation:

- Servelec Healthcare specialises in the design, development and implementation of Electronic Patient Record and Patient Administration software within secondary care settings and is a market leader in the Mental Health and Community Health sectors in England.

- Servelec Automation provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, nuclear, power, water, utilities and broadcast industries. Servelec Automation also provides services from consultancy through to design, implementation, delivery, installation and on-going customer support and maintenance.