PNX Phoenix It

RNS Number:7245A
Phoenix IT Group PLC
31 March 2006

                              Phoenix IT Group plc



                        Trading Update and Board Changes





Trading Update



Phoenix IT Group plc ('Phoenix' or 'the Company'), the UK IT Services business,
is today providing an update on trading for the year ending 31 March 2006.



The business has had another successful year, with the continued development of
the core Phoenix business and the acquisition of NDR, which has performed
strongly since acquisition.  We also saw the successful conclusion of contract
negotiations with EDS Global Field Services for the provision of desktop
maintenance, deskside support and implementation services for a major UK
Government Department resulting in revenues of around #8m in 2006.



The Board is therefore pleased to announce that the profits for the year will
slightly exceed the Board's previous expectations and the business is well
positioned for the forthcoming year.



The preliminary results for the year will be announced in late May.



Board changes



The Board is also pleased to announce that Brian Sellwood will join the Board as
a non-executive director with effect from 1 April 2006.



Brian has had a career of over 30 years with IBM and he brings a wealth of
experience to Phoenix. He was instrumental in establishing IBM's Global Services
business in Europe and developed it into a $4 billion revenue business. He has
held a number of senior positions within IBM, including General Manager, Europe
Global services Strategic Outsourcing and Service Delivery, where he had
responsibility for over 30,000 technical service delivery professionals across
Europe.



In relation to Brian's appointment, there are no other notifications required
pursuant to 9.6.13R of the Listing Rules.



In addition, further to the Company's announcement at the interim results, David
Taylor, Group Finance Director, will leave the Company on 31 March 2006.  The
Board is pleased to announce that David Simpson, 45, has been appointed Group
Finance Director, effective 1 April 2006.







David joined Phoenix in November 2001 as Group Financial Controller. Prior to
joining Phoenix he was a divisional finance director for QinetiQ plc. Between
1990 and 2000 he held a number of senior financial positions at Misys plc. David
is a graduate from Cambridge University and a member of The Institute of
Chartered Accountants in England & Wales.



Nick Robinson, Chief Executive of Phoenix, commented:



"We are pleased with our performance for the year to 31 March 2006 and, with the
Company continuing to deliver on its strategy, believe we are well placed for
the future.



We are delighted to have attracted Brian Sellwood to Phoenix.  He has a long and
successful career in IT services and fully appreciates the benefits of our
business model.  We look forward to working with him and benefiting from his
experience and counsel.



Following a full executive search process, I would also like to congratulate
David Simpson, whose appointment is much deserved.  In addition, I would like to
take this opportunity to thank David Taylor again for his significant
contribution to Phoenix and wish him well in his other interests."





Contact:-



Phoenix IT Group plc - 01604 769000

Nick Robinson - Chief Executive

David Simpson - Group Financial Controller



Financial Dynamics - 0207 831 3113

Giles Sanderson

Harriet Keen


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

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