MMC Management Consulting Group Plc

RNS Number:0094H
Management Consulting Group PLC
05 January 2005

                PRE-CLOSE TRADING UPDATE AND DIRECTORATE CHANGE

Pre-close trading update

Management Consulting Group PLC issues the following trading update ahead of the
announcement of the group's 2004 preliminary results on 7 March 2005.

The group's revenues for the year ended 31 December 2004 are estimated to be
ahead of market expectations. Group revenues are estimated to have grown by
approximately 34% to #118.8 million (2003: #88.6 million).

Revenues of Proudfoot Consulting are estimated to have grown by approximately
19% to #81.0 million (2003: #68.2 million) and revenues of Parson Consulting are
estimated to have grown by approximately 85% to #37.8 million (2003: #20.4
million).

Approximately 66% of the group's revenue originates in North America. The
revenue growth was achieved despite the adverse effect of the weak US dollar
relative to Sterling during 2004. At 2003 average exchange rates, revenue growth
over 2003 would have been 46%.

The group's operating profit is expected moderately to exceed market
expectations, after widespread additional investment in the businesses to
position them for further growth.

Taking account of the group's current order book and prospects, the directors
consider that the group's businesses are well positioned for further growth in
2005.

Directorate change

Stephen Purse, finance director since November 2001, will be leaving the board
after the announcement of the 2004 preliminary results to become the finance
director of Clifford Chance Limited Liability Partnership, the world's largest
law firm. He will be succeeded by Mark Currie, currently a partner in KPMG LLP,
who will join the group by 1 March 2005.

Mark Currie FCA LLB has been a partner with KPMG LLP for the past five years
where he was involved in providing transaction support services for global
clients and building the private equity practice. For three years prior to being
a partner, he was a transaction executive in the Principal Finance group at
Nomura, which followed a 12 year career at KPMG. He was awarded first prize in
the Order of Merit in the Institute of Chartered Accountants in England and
Wales professional examinations when he qualified as a chartered accountant in
1987.

There are no further details relating to the appointment of Mark Currie which
are required to be disclosed under paragraphs 6.F.2 (b) to (g) of the Listing
Rules of the UK Listing Authority.

Rolf Stomberg, Chairman, commented:

"The board is grateful to Stephen Purse for his contribution to the group since
he became finance director and we wish him a successful career at Clifford
Chance. We are delighted to have secured Mark Currie as his successor and we
look forward to Mark's contribution to the board."

Kevin Parry, Chief Executive, commented:

"I am very pleased with the revenue for 2004 particularly in the light of the
weakness of the dollar. Both the Proudfoot Consulting and Parson Consulting
businesses have performed well. In particular, the trading and momentum in
Parson Consulting in the second half of the year have confirmed its turn-around.
This revenue growth has allowed us to invest in people and infrastructure to
position the business for future growth."

For further information please contact:

Management Consulting Group PLC

Kevin Parry                   Chief Executive       020 7710 5000
                                                    (morning only)

The Maitland Consultancy

Michelle Jeffery                                    020 7379 5151
                                                    (mobile 07989 977837)

Notes to editors:

Management Consulting Group PLC (MMC.L) operates through two divisions: Parson 
Consulting and Proudfoot Consulting. Parson Consulting specialises in financial
management consultancy and Proudfoot Consulting specialises in operational 
performance improvement consultancy. The businesses operate worldwide. Further 
information is available at www.mcgplc.com





                      This information is provided by RNS
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