RNS Number:5010L
Dipford Group PLC
23 May 2003

                     Dipford Group plc - Trading Statement



Since the release of the Company's interim results on 17 December 2002, your
Board has seen delays in the anticipated completion dates of projects in which
Prism, the Company's corporate finance division, has been involved.  These
delays have resulted in lower than expected fees being generated by Prism in the
second half of the year to 30 April 2003.  The effect of this is that the
Company expects that the loss for the year ended 30 April 2003 will be
approximately #380,000, rather than a loss of #150,000 that the market had
expected.



The Board fully expects that these delayed projects will be completed soon and
the fees will contribute to the performance of the Group in the year ending 30
April 2004.


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