CAE Charteris

RNS Number:0236C
Charteris PLC
14 August 2007


                  Charteris plc ("Charteris" or "the Company")

                 Trading Update for the year ended 31 July 2007

In my interim statement issued on 3 April 2007, I noted that the change
programme upon which the Company had embarked was starting to reap rewards. This
has been confirmed in the second half of the year with the three specialised
service lines referred to in that statement starting to drive important business
and technical consulting opportunities, especially in multi-channel retail and
in projects associated with the Microsoft enterprise solution, Dynamics AX.
Through the second half we have also experienced strong demand for our Expert
services to the Legal sector. In view of this pleasing progress, the Directors
expect the results for the year ended 31 July 2007 to meet their expectations at
the time of the interim announcement.

In recent months an important event in our Microsoft Dynamics AX business was
our selection by ArmorGroup International plc to devise and implement an
estimated 18 month business change programme.  This includes the redesign of
back office systems and processes around Dynamics AX for roll out across
ArmorGroup's worldwide operations. Our progress in the second half in the
Dynamics AX business area has established us within the top tier of consultants
in this growth market.

We have also been selected by Microsoft as one of only three companies in Europe
to act as a Practice Level Partner for a new generation of Microsoft
infrastructure technology referred to as Virtualisation. This enables companies
to reduce the number, cost and power consumption of their computers and is a
powerful tool in helping companies achieve their Environmentally friendly
agendas whilst cutting overheads.

Charteris plans to announce its preliminary results for the year ended 31 July
2007 at the end of October 2007.

                             Change of Board Roles

In recent years Cliff Preddy and I have devoted equivalent amounts of time to
Charteris, albeit in our different non-executive roles of deputy chairman and
chairman, respectively. During the strategic planning exercise this year, we
discussed the likely future demands of the Company and those of our other
business and private activities. We concluded that the needs of Charteris would
be best met by interchanging our roles, so that Cliff became chairman and
devoted more time to the Company, particularly to its strategic development, and
I became deputy chairman and chairman of the Remuneration Committee. The Board
has accepted our recommendation and the changes of role will take effect from
today. We both remain strongly committed to Charteris as founders and major
shareholders.


David Mann
Chairman


Press enquiries:

Charteris plc                                           Tel: 020 7600 9199
David Pickering, Chief Executive
David Mann
Cliff Preddy

Biddicks                                                Tel: 020 7448 1000
Zoe Biddick / Sophie Lane

Oriel Securities Limited (Nominated                     Tel: 020 7710 7600
Adviser)
Andrew Edwards / Michael Shaw




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

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