SGI Stanley Gibbons Group Plc

RNS Number:0070L
Stanley Gibbons Group Limited
13 April 2005


                       THE STANLEY GIBBONS GROUP LIMITED

                                 "the Company"

                             AGM TRADING STATEMENT

All the resolutions proposed at the Annual General Meeting of the Company held
in Jersey this morning were duly passed including the Special Resolution
authorising the Company to buy up to 15% of its issued share capital in the
market for cancellation. Commenting on current trading, the Chairman issued the
following statement:

"Although the first quarter is not a key trading period of the Company, trading
was materially in line with the same period last year. The prior period included
some exceptionally large sales of investment portfolios and philatelic sales to
top customers which are absent from the first quarter's performance this year.
The timing of such high value sales is always indeterminate. We are confident
that with the increasing size of our customer database and current order book we
will continue to achieve sustainable growth in turnover and profitability during
2005.

Following our year end trading announcement where we referred to our plans to
set up a stamp investment fund, we have received significant interest and demand
from potential investors into the fund. We are currently working with a major
international bank, undertaking the detailed legal process required, with a view
to having the fund in place by the end of June 2005. Our intention is to set up
a fund with a value of #25m within three years. We believe that the creation of
the stamp investment fund will have a major impact on the Company's ongoing
turnover and profitability generated from management and performance fees
together with utilising our expertise in buying and selling top quality classic
rarities.
Our investment department is continuing to achieve strong sales and we are
currently strengthening the resource in this area to enable us to fully service
this growing market. The SG100 Stamp Price Index has increased by 5% in the
first quarter of the year, demonstrating the continuing strong market conditions
in philately.

We will not be renewing the lease at our premises in Nailsea at the beginning of
June and we are currently relocating activities conducted there to our existing
premises in Ringwood, Hampshire. The relocation will improve the integration of
electronic publishing development work with the editorial department and will
provide further cost savings going forward.

Our internet sites are still receiving in excess of 20 million hits on a monthly
basis. The recruitment of new customers and sales through our internet sites
continue to represent a key growth area, as we evolve from a trader to a trading
provider and gain a greater percentage of the global sales and activities of
collectors, dealers, auctions houses and others related to the stamp market."

The Company's Final Dividend will be paid to shareholders on Tuesday 19 April
2005 and its Interim Results announced on Friday 29 July 2005.

For further information, contact:

The Stanley Gibbons Group Limited

Paul Fraser, Chairman 020 7836 8444

Michael Hall, Chief Executive 01425 472363

Seymour Pierce Limited

Louise Carpenter ) 020 7107 8000

Jonathan Wright )





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

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