CMO Cmo Group Plc

RNS Number:5090G
Comino Group PLC
6 July 2001


6 July 2001

                  Comino Group plc: Chairman's AGM Statement



Comino Group plc ("Comino"), the provider of software based business solutions
for occupational pensions, social housing and local authorities, held its
Annual General Meeting at 11:30am today.



Following the formal business of the meeting, David Quysner, Chairman, made
the following statement to shareholders:



"Comino was pleased to announce profits in line with expectations and 24%
growth in its core business for the year ended 31 March 2001. The Group's own
Workflow and Electronic Document Management remain key to fuller involvement
in the client business process and allow access to larger value contracts
which the Group has now proved itself capable of winning. With the added
contribution from 400 existing customers, the prospects for the business
continue to be strong."



ENDS



For further information please contact:


Comino plc                                           Binns & Co PR Ltd
Garth Selvey, Chief Executive  Tel: 01628 525 433    Peter Binns, Paul McManus
Paul Clifford, Finance Director                      Tel: 020 7786 9600



Editor's notes:



Comino's operating companies are based near Maidenhead and in Leeds, Croydon
and Dudley. The Leeds and Dudley offices are new offices, and replace smaller
premises in Leeds and the present West Midlands locations, respectively.



Comino provide workflow and electronic data management systems to over 400
organisations in Occupational Pensions, Social Housing and Local Government:



*         Comino serves some 50 organisations looking after more than 1.2
million pensioners. Three of these organisations manage more than 170,000
pension accounts each. Its new Universal Pensions Management (UPM) was awarded
the 'software & systems provider of the year' award in 2000 and 2001 by
Professional Pensions.



*         Comino serves some 250 Registered Social Landlords looking after
more than 800,000 homes and some two million occupants. The largest
organisation Comino's systems handle has 55,000 homes; the smallest just a few
hundred.



*         Comino serves over 70 Local Authority Revenue and Benefit
departments who look after more than four million council tax payers, business
rate payers and benefit recipients.

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