RNS Number:1496C
Management Consulting Group PLC
17 April 2001


For Immediate Release                                             17 April 2001



                       ANNUAL GENERAL MEETING STATEMENT

Management Consulting Group PLC (formerly Proudfoot Consulting Plc), the
international management consultancy group, held its Annual General Meeting at
11.00am today.  At the meeting Mr Rolf Stomberg, Chairman, updated
shareholders on current trading.

"Since our last trading update on 15 March 2001, the board has received some
enquiries from shareholders concerning the outlook for our North American
business in the light of the economic uncertainty over the US economy.  I am
pleased to confirm that we are not currently experiencing any slowdown in
North American activity.  We believe that the emphasis placed by Proudfoot
Consulting on delivering earnings improvements to our clients is just as
applicable in times of economic slowdown as in times of economic growth.

More generally, the work won and prospects for new business continue to
support the directors' previously stated view that the group will grow
significantly in the current financial year and well ahead of market rates of
revenue growth estimated at 15% to 20%.

The board continues to view the future with much optimism."

R W H Stomberg                        K A H Parry
Chairman                              Chief Executive

17 April 2001



For further information, please contact:

Management Consulting Group PLC                020 7832 3700
Kevin Parry, Chief Executive

Buchanan Communications                        020 7466 5000
Richard Oldworth
Management Consulting (LSE:MMC)
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