CTG Christie Group Plc

RNS Number:9273L
Christie Group PLC
8 June 2000


CHRISTIE GROUP - ANNUAL GENERAL MEETING

CHAIRMAN'S TRADING UPDATE
                                
In the first few months of the current financial year, activity
levels have remained high in all group companies.  We have
continued to pursue our strategy for growth, with both Christie
& Co and Venners Computer Systems ("VCS") due to open offices in
Barcelona later this month.  In our Professional Business
Services division we are utilising e-commerce to enhance our
product offering and Christie.com is already proving an
important conduit for business.  We also continue to invest in
new customer solutions in our Computer Services Group.

The French software house acquired in March, Timeless, is
performing as expected.  This week, Colombus, its internet-
enabled retail system, has been introduced to the UK at the
Retail Solutions Exhibition.

We reported in March that VCS had had a slow start to the year
following the uncertainty surrounding the impact of Year 2000
issue generally.  However, I am pleased to say that the order
book is now building well for the second half and beyond.

The current level of activity is not fully reflected in our
turnover for the year to date even though, excluding VCS, we are
slightly ahead of this time last year.  The opening months of
the year have proved tougher than expected and we have also been
increasing our level of investment in the business during this
period.  Due to these factors we believe that Group profit for
the year will be no more than that achieved in 1999.  However,
we continue to look forward to a successful second half.

Philip Gwyn - chairman


Contacts:

Philip Gwyn       Chairman Christie Group          0207 7227 0707
David Rugg        Chief Executive Christie Group   0207 7227 0707
Robert Zenker     Finance Director Christie Group  0207 7227 0707
Or
Charlotte Elston  Brunswick                        07974 982 463


END
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