Trading Statement

1 Jul 2011 07:00

FOR IMMEDIATE RELEASE 1 JULY 2011

Charles Taylor Consulting plc

Trading Update

Charles Taylor Consulting plc ("the Company") provides the following trading update, prior to entering the close period for its results for the six months to 30 June 2011, which will be announced on 19 August 2011.

Trading continues to be generally in line with the trends reported in the Company's Interim Management Statement issued on 19 May. Despite the slightly slower start to the year in some parts of Adjusting Services, the division's revenue levels have improved recently. Our expectations for the results of the Company as a whole for the full year remain as previously indicated.

For further information, please contact

George Fitzsimons, Finance Director

020 3320 2263george.fitzsimons@ctcplc.com NOTES TO EDITORS

1. Charles Taylor Consulting is a leading provider of insurance services. We manage mutual insurance companies, advise insurers on complex insurance losses and provide administration and consultancy services to insurers and insureds worldwide. We also own life and non-life insurance companies which are closed to new business. Further information on the Group can be found at www.charlestaylorconsulting.com.

2. This statement is based on information sourced from management

accounts.

3. Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.