Trading Update (5064O)

TIDMTHB

RNS Number : 5064O

THB Group PLC

19 September 2011

THB GROUP PLC ("THB")

Trading statement

As a result of good trading to date in the second half of the financial year, assisted by a small number of particularly large contract wins, THB now expects underlying profit before amortisation and impairment of goodwill for the year ended 31 October 2011 to be above management expectations.

Frank Murphy, Group CEO, commented: "While there is still a lot that remains to be achieved in 2011, we are pleased to report these wins. THB staff continue to perform well in tough economic conditions and insurance markets that stubbornly refuse to harden in spite of exceptional catastrophe activity."

Ends

Contact:

 
                    Pelham Bell Pottinger (Financial 
 Damian Beeley       PR)                                    020 7861 3139 
 Rob Wilkinson      THB Group plc (Finance Director)        020 7469 0100 
 Paul Shackleton    Daniel Stewart & Company plc (NOMAD)    020 7776 6550

This information is provided by RNS

The company news service from the London Stock Exchange

END

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