Trading Update

2011 Pre Close to be issued on 19th October 2011

Jelf Group plc

Trading update

Jelf, an independent consultancy which provides a broad range of insurance, financial services and employee benefit services to corporate and individuals, will announce its preliminary results for the year ended 30 September on 13 December 2011.

The Board is able to provide the following trading update:

The Group has traded well in the second half of the year and results are expected to be in line with market expectations, despite the continued economic downturn. Net debt has considerably reduced and, although the Board remains cautious about the economic outlook, it is appraising a number of investments aimed at generating future economic growth.

For further information, please contact:

Jelf Group plc 01454 272713

Alex Alway

Chief Executive

Cenkos Securities 020 7397 8900

Stephen Keys