Trading Statement

23 Apr 2008 07:00

Formation Group PLC23 April 2008 Formation Group PLC ('Formation' or 'the Group') Trading Update and Change of Nominated Advisor and Broker Formation announces the appointment of Investec Investment Banking as itsNominated Advisor and Broker with immediate effect. The Group advises that it is currently trading ahead of market consensusforecasts for the year ending 31st August 2008. This performance is being drivenby stronger than expected growth in most of the Group subsidiary companies. TheGroup's Interim results for the six months ended 29 February 2008 will beannounced on Tuesday 20th May 2008. Neil Rodford, Chief Executive, Formation Group plc commented: "I am delighted to announce the appointment of Investec as our Nominated Advisorand Broker. I am also pleased to confirm that the Group continues to trade aheadof current consensus expectations for the full year and look forward toproviding shareholders with more detail in due course." For further information: Formation Group PLC,Mike Wallwork, Communications Director, T: +44 (0) 161 980 1210 Investec Investment Banking,Paul Gray, T: +44 (0) 207 597 5176Patrick Robb, T: +44 (0) 207 597 5169 Notes to editor Formation Group PLC (AIM: FRM) provides a range of services, through twodistinct divisions; Talent Management and Professional Services, to its clientswithin the sports, media and entertainment sectors as well as other high networth individuals and trusts. This information is provided by RNS The company news service from the London Stock Exchange