WTG.L Regulatory News (WTG)

RNS Release Embargoed until 7.00 am 21 February 2012

Quindell Portfolio Plc

("Quindell" or the "Company")

NOTICE OF RESULTS AND TRADING UPDATE

Quindell Portfolio Plc (AIM: QPP.L), the brand extension company and a leading practice provider of consultancy, software and outsourcing in its key markets, confirms that it will announce its maiden preliminary results for the 33 weeks ended 31 December 2011, on Monday 19 March 2012.

Trading since the most recent update on 12 January 2012 for the new financial year has continued positively, building on the strong performance delivered by the Company during 2011, with results to date and the ratio of EBITDA to cash generation being encouraging and in line with the Group's plan.

The Company's application to the Solicitors Regulation Authority in relation to the acquisition of the legal services firm Silverbeck Rymer is progressing well, and the Board anticipates being able to provide further confirmation of this progress in the coming weeks.

Since the Group's 29.9% investment in Ai Claims Solutions PLC ("Ai Claims"), the two companies have held a number of meetings together to discuss the ways in which the two companies can contribute to the strengthening of each other's operations, and the Board is very encouraged by the highly positive nature in which the board and executive management team of Ai Claims have approached these discussions.

Gillian Baker has been appointed as chairperson of the Group's newly formed Strategy and Integration Advisory Board. The Company will shortly announce the membership of this board, which will include leading individuals from each of the sectors within which the Group operates. Gillian has also been appointed as the Company's Head of Investor Relations.

Quindell's ability to attract market leading talent to our business and away from competitive organisations continues, and we look forward to announcing further successes in this area in the near future, positioning the Company well for signing major new accounts with clients in the insurance outsourcing sector during the first half of 2012.

Finally, the Board is pleased with overall progress and remains confident that the Company will meet market expectations for the financial year.

For further information:

Notes to Editors:

About Quindell Portfolio Plc

Quindell, the Brand Extension Company, helps its clients and partners to utilise their brands enabling them to achieve greater sales, provide better service and extend the brand into new product offerings and alternative routes to market.

The Group works with over 2,000 brands from SMEs to blue-chips around the globe, with solutions applying to the following Sectors & related Supply Chains:

·; Telecoms, Utilities, Retail & E-commerce

·; Finance, Insurance, Health & Legal

·; Government & Public Sector

Quindell Portfolio joined the market through Mission Capital Plc. The Group was readmitted to the market on 17 May 2011 following the acquisition of Quindell Limited. On 18 July 2011, the Company was renamed Quindell Portfolio Plc. In December 2011, Mobile Doctors Group Plc was acquired increasing run-rate revenue to over £50 million and staff levels to over 600 including our off-shore capability.

Our Solutions

In addition to extending our clients' brands, Quindell's solutions are focused on generating improvements in efficiency and effectiveness in sales and service transactions with savings of over 20% against industry norms achieved.

Our Consultancy drives the business transformation for our clients, and is supported by leading edge technology, outsourcing, membership schemes and social media via repeatable solutions.

Our Software provides cloud based industry solutions to deliver the necessary framework to meet online, office and field based sales and service expectations of our clients and their customers.

Our "Sales" Technology Enabled Outsourcing leverages our own Business & Home Advisory Service brands to provide a White Labelled proposition for partners to extend into offerings for Telecoms, Utilities, Finance, Insurance, Health and Legal Services.

Our "Service" Technology Enabled Outsourcing covers a broad range of solutions and in insurance, already recognised as a market leader for independent medical evidence via a panel of circa 2,500 medical experts providing circa 11% of reports for UK Personal Injury claims.

For further information, please visit www.quindell.com