Trading Statement

22 Jun 2006 16:17

AdVal Group PLC22 June 2006 AdVal Group plc announces that since the acquisition of Maxim Learning Limitedit has won a number of contracts with new and existing customers. Work on thesecontracts is, however, starting much more slowly than expected at the time ofthe acquisition. This, coupled with delays on existing contracts, means thatcurrent trading is significantly behind the Board's expectations at the time ofthe acquisition. The Board continues its strategy of searching for further strategic partners forthe business. This information is provided by RNS The company news service from the London Stock Exchange