RNS Number:0601G
Management Consulting Group PLC
13 January 2003


For Immediate Release                                           13 January 2003


                        Management Consulting Group PLC

                            Pre-close trading update

Management Consulting Group PLC issues the following trading update ahead of the
Group's preliminary results announcement.

The Group's trading results for the year ended 31 December 2002 are estimated to
be broadly in line with market expectations.

Revenues of Proudfoot Consulting  are estimated to have grown by approximately
28% to #92 million (2001: #72.1 million).  This was achieved despite low single
digit growth rates for consulting generally and, as noted at the time of the
interim announcement, the adverse effect of the strength of Sterling against the
US dollar.  Sterling appreciated by some 11% relative to the US dollar during
2002 and approximately 56% of Proudfoot Consulting's revenues arose in the US.

Revenues of Parson Consulting for the seven months subsequent to acquisition are
estimated to be approximately #14 million.  As expected, the revenue run rate in
Parson Consulting continued to decline immediately after the acquisition and the
reported revenues (which are entirely in US dollars) were also adversely
impacted by the strength of Sterling.  The business took some two months longer
to stabilise than had been planned.  This has now been achieved but the board
believes that sustainable growth is likely to be delayed until later in 2003
than had previously been expected.

Taking into account the adverse effect of the continued strength of Sterling and
the slow rate of economic recovery in the Group's major markets, reported
revenues for 2003 are unlikely to increase at the very substantial rates
achieved in the past two years.   Nevertheless, the directors expect that the
Group's revenues will continue to grow at a considerably faster rate than the
consulting industry as a whole.  The Board is confident that the Group will
continue to make significant progress.

For further information please contact:

Management Consulting Group PLC

Kevin Parry                             Chief Executive          020 7832 3700
Stephen Purse                           Finance Director         020 7832 3700

Buchanan Communications

Richard Darby                                                    020 7466 5000
Bobbie Swanson                                                   020 7466 5000




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