StatPro Regulatory News (SOG)

For Release at 07.00 Wednesday, 14 May 2014

STATPRO GROUP PLC

("StatPro", "the Company" or "the Group")

AGM Statement and Trading Update

StatPro Group plc, (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, will be holding its Annual General Meeting today at 12.30pm. At the meeting, Carl Bacon, Chairman of the Group will make the following statement on the Group's progress in the year ending 31 December 2014:

Current Trading

Trading in the first four months of 2014 was in line with expectations. We continue to make good progress towards our strategy of becoming a purely cloud-based analytics service provider.

We believe this strategy has three fundamental benefits, being that it:

· increases our addressable market opportunity, providing accessibility to our solutions for a far greater proportion of the thousands of companies globally managing assets;

· strengthens our competitive positioning, providing us with a clear differentiation through StatPro Revolution's self-service approach to sharing portfolio analysis; and

· from a technology perspective, significantly increases our speed to market and responsiveness to trends in the market while ultimately reducing cost of delivery.

StatPro Revolution

We are pleased with the progress of our cloud service, StatPro Revolution, increasing both customer numbers and the functionality of the solution. The sales pipeline for StatPro Revolution continues to build and as at the end of March 2014 we had 277 clients for StatPro Revolution (end December 2013: 257). We expect to launch further functionality later in 2014 or early 2015 including:

· Advanced Equity Attribution;

· Advanced Fixed Income Attribution;

· Advanced Risk Management.

StatPro R+

We are progressing well in the development of StatPro R+, the cloud-based replacement for StatPro Seven. This was launched as a beta in July 2013 and we expect to launch further beta functionality later in 2014. We are also making excellent progress with existing clients planning their transition from StatPro Seven to StatPro R+.

We are continuing to invest in all functions of the business and whilst this impacts the financial results in the short-term as previously indicated, we believe that we are continuing to create long term value for shareholders.

Outlook

We believe that the service we offer, through our cloud-based solution StatPro Revolution, provides a compelling story that meets client demands for greater transparency, improved reporting to satisfy new regulations, and as a selling tool, as well as being great value for money.

Our continuing progress gives the Board confidence in a successful outcome for the year.

- Ends -

For further information, please contact:

About StatPro

StatPro is a global provider of portfolio analytics for the investment community. Our cloud-based services provide vital analysis of portfolio performance, attribution and risk. Hundreds of investment professionals use our cloud services directly or through a fund administrator/partner to perform sophisticated analysis, reporting and distribution every day.

With 20 years of experience and expertise, we believe analytics should be sophisticated yet simple and useful as well as secure. StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates, sector classifications and much else besides.

StatPro has grown its recurring revenue from less than £1 million in 1999 to around £29 million at 31 December 2013. StatPro floated on the main market of the London Stock Exchange in May 2000 and transferred its listing to AIM in June 2003. The Group has operations in Europe, North America, South Africa, Asia and Australia and approximately 450 clients in 36 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.