RNS Number:8012M
Abacus Group PLC
30 January 2008


For immediate release                                          30 January 2008



                                ABACUS GROUP PLC
                           ("Abacus" or "the Group")


                        ANNUAL GENERAL MEETING STATEMENT

Abacus Group plc, a leading franchised distributor of electronic components in
the UK and all major European countries, will hold its AGM today at 10:00am.
Chairman of Abacus, Harry Westropp, will give the following trading update to
shareholders for the first four months of the 2008 financial year:

"Sales and profit performance have been satisfactory and in line with Board
expectations.  In particular, trading in the four month period to date has seen
a positive book to bill ratio for the Group.  Net borrowings at 31 December 2007
were �58.2 million (30 September 2007: �59.9 million) reflecting the receipt of
property disposal proceeds."



For further information, please contact:

Abacus Group
Martin Kent or Peter Allen
Tel: 01635 36222


Buchanan Communications
Tim Anderson or Mary-Jane Johnson
Tel: 020 7466 5000



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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