AGM Statement

17 Jul 2007 07:00

Prime People PLC17 July 2007 17 July 2007 Prime People plc AGM Trading Statement Prime People plc (AIM: PRP.L), the international real estate management,property and built environment recruitment specialist, is holding its AnnualGeneral Meeting today at 11a.m. Chairman, Robert Macdonald, will make thefollowing statement about current trading. "2007 has started strongly, with net fee income in the first quartersubstantially ahead of the same period last year. This reflects good marketconditions and the thirty percent increase in consultant numbers achieved lastyear. Across the Group consultant numbers are planned to increase by at leastthe same percentage again this year with around half of these already hired. "We are continuing to see strong demand both in the UK and internationally forqualified professionals across the sectors that we serve. In particular, thelong term nature of major infrastructure projects and current investment anddevelopment plans worldwide are providing us with a range of differentopportunities for the medium term growth of our business. "We continue to explore opportunities to expand and strengthen our businessthrough attracting individuals, teams or businesses that operate in our existingor related areas. "Our international operations are making further good progress with sourcing andplacement on an international basis being a clear differentiator for the Group.This is most notable in Dubai, where the demand for our candidates isparticularly strong. "The ongoing strength of our markets, both in the UK and overseas, gives theBoard confidence that the Company will continue to make progress in the yearahead." -Ends- For further information please contact: Prime People 020 7493 5689Robert Macdonald, Executive ChairmanPeter Moore, Managing Director Hogarth Partnership 020 7357 9477James Longfield Arbuthnot Securities 020 7012 2000Andrew Fullerton / Ian Williams This information is provided by RNS The company news service from the London Stock Exchange