StatPro Regulatory News (SOG)

For Release at 07.00 Thursday, 14 July 2011

STATPRO GROUP PLC

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

Half Year Trading Update

Notice of results

StatPro Group plc, (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, today provides a trading update for the six months ended 30 June 2011.

Highlights

·; Trading in H1 2011 in line with expectations, signing 11 new contracts (H1 2010: 9) and 27 increases to existing contracts (H1 2010: 27)

·; Revolution Launch campaign progressing well with the first customers secured including the first subscription from existing StatPro Seven client

·; New features released in Revolution

·; Board remains confident of successful outcome to the year

Trading update

This is a year of significant development for StatPro. We have increased investment in our new cloud-based service StatPro Revolution while remaining profitable and cash-generative. Revenue and profits for H1 2011 are expected to be in line with our expectations but lower than the comparative period, as previously indicated, as we are no longer benefitting from the contribution from the Johannesburg Stock Exchange ("JSE") contract, having accelerated the conclusion of that transaction in 2010.

Our net debt reduced to approximately £5.2 million at 30 June 2011 (June 2010: £6.3 million) at a time of increasing capital expenditure and dividends.

StatPro Revolution

The key strategic objective for StatPro in 2011 remains the successful launch and promotion of StatPro Revolution, our innovative cloud-based portfolio analysis and research service, and we are pleased to report that we have made good progress in the first three months following the launch. While it is still too early to quantify or confirm any trends, we are seeing good levels of initial interest and it appears that sales cycles for Revolution are shorter than those typically experienced for StatPro Seven. We remain satisfied that we are building a solid pipeline of Revolution opportunities. As previously reported, we are opening our Hong Kong office in early September 2011 to support our online sales initiatives as we believe the Asian market presents an excellent opportunity and we are also continuing to add further sales and support capacity in our offices elsewhere.

StatPro Seven

We are pleased to have signed up 11 new clients for StatPro Seven during the period, despite the market remaining challenging. Our renewal rates remain high and are projected to be around 90% or better for the full year.

Justin Wheatley, Chief Executive, commented: "The first three months of marketing Revolution has been a very exciting time for StatPro, providing the Group with access to a far larger market opportunity. Our focus is on executing our strategy and building up the client base. We have made good progress winning initial clients and getting useful and positive feedback. We are looking forward to the second half of 2011."

Notice of results

The Group expects to report its interim results for the six months ended 30 June 2011 on Wednesday, 3 August 2011.

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About StatPro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than £1 million in 1999 to £29 million at end December 2010 and currently enjoys a renewal rate of approximately 92%. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Company has operations in Europe, North America, South Africa and Australia, with approximately 79% of recurring revenues being generated outside the UK.