Trading Statement

Next Fifteen Communications Plc
                  

Pre-Close Period Trading Update

As in previous years, the Group is issuing a trading update to coincide with the
end of its financial year on 31 July.

Next Fifteen is pleased to report that it continues to show solid progress in
both profits and revenues and that these are in line with expectations set when
the Company announced its interim results in March. It is also encouraging to
note that recovery in PR spending, which started in the US last year, has
continued and that there are signs this recovery is starting to spread to
certain European and Asian markets. The steady improvement comes despite the
Group's exposure to the current weakness of the US dollar, which now accounts
for over 40% of the Group's revenue.

The Group is also pleased to report that its acquisition of the PR businesses of
Applied Communications in San Francisco and Amsterdam announced in September
last year is proving to be very successful. Initially, the Group had expected
that the acquired businesses would break even at the operating level during this
financial year, but we're pleased to report that they have secured additional
revenues from companies such as Applied Materials and Sun Microsystems which
have enabled them to contribute to the Group's profitability. In our last update
we noted that AUGUST.ONE had seen a slow start and would not meet its full year
internal forecasts. The current situation is that following some restructuring
this business has started to grow once again. In recent months it has added new
clients including Olympus, MAD and Envirowise (a government funded agency). The
agency has also been appointed to the Department of Education and Skills roster.
It should be noted that the impact of this new business will not be felt in the
financial year just ending. Elsewhere in the Group a number of new clients have
been added. Bite Communications has recently won Samsung in the UK and N2
Broadband in the US. Text 100 has meanwhile added PalmOne, BMC and Symantec to
its client roster in Europe; Western Digital and Tektronix in Asia Pacific; and
NEC and Informatica in the US. In addition, Text 100 has also received several
awards including the International Public Relations Association (IPRA) Golden
World Award for its work with Xerox; and a Gold SABRE Award, for its Corporate
Media Relations work with client Actional. Text 100 also received an honourable
mention from PR Week in the US in its Large Agency of the Year award. As
previously stated, the Group remains committed to its original vision of
creating a global network of specialist public relations businesses. Even during
the tough times the PR industry has faced in recent years we opened offices in
Denmark and China, while also more than doubling the size of the Text 100
Amsterdam and Bite San Francisco businesses as a result of acquisitions. We are
pleased to report that we are opening a further office in China, this time in
Hong Kong. This office is being established to service Text 100's expanding
relationship with IBM in that country, though it is anticipated it will add work
for other clients in the near future. The Group previously pulled out of Hong
Kong, following the impact of the SARS epidemic last year.

The board looks forward to the new financial year with confidence and grounds
for optimism on two counts. Firstly, we believe that Next Fifteen's agencies are
performing more strongly than many of their direct competitors. Secondly, new
business opportunities remain very strong, based on the number of potential
clients requesting pitches from the Group's brands across the major markets in
which they operate.

Contacts:

David Dewhurst - Finance Director, Next Fifteen Communications Group Plc.
Telephone [phone].

Tim Dyson - Chief Executive Officer, Next Fifteen Communications Group plc
Telephone [phone]

Chris Steele - Holborn Public Relations Telephone [phone].