WYT Wyatt Group

    RNS Number : 5873U
  Wyatt Group PLC
  16 May 2008
   

    WYATT GROUP PLC

    Pre-Close Statement

    Wyatt Group Plc ('Wyatt' or 'the Company'), the AIM listed specialist employment consultancy group, announces the following statement
ahead of its close period.

    Wyatt announces that it expects to report a profit in relation to the continuing trading activities of its business for the year ended
31 March 2008. The results for the Group as a whole are expected to show a loss. This loss can be attributed to the discontinued activities
of the business and in particular the costs incurred prior to the disposal of Risksmart Limited and the mothballing costs of Wyatt Biotech
Limited. 

    As previously announced these actions have drawn a line under our investment in these non-core activities and allows us to concentrate
on building the group around the success of Premier Employer Solutions (PES), our employment services business. To that end the Board is
currently searching for opportunities to grow the group in this and service related sectors as evidenced by our 2007 acquisition of the
Health & Safety Department Limited. 

    Wyatt expects to announce its preliminary results towards the end of July 2008.


 Enquiries:

 Wyatt Group Plc                 www.wyattgroup.co.uk
 Bob Holt, Chairman              07778 798 816
 David Curtis, Finance Director  0845 450 9110

 Blue Oar Securities Plc         www.blueoarsecurities.co.uk
 John Wakefield / Marc Davies    0117 933 0020

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