Trading Update / Notice of Results

18 January 2007

                  Personal Group Holdings plc (`the Company')                  

             Trading Update and Notice of Announcement of Results              

The Company's results for the year ended 31 December 2006, which will be
announced on Monday 26th March 2007, are expected to be marginally above those
currently forecast by the market.

In its trading update released on 25 September 2006 the Company announced a
planned investment programme aimed at strengthening its product marketing
capabilities. The investment programme is currently progressing well but had a
negligible impact on costs during the last quarter of 2006. The majority of the
costs associated with the programme are now expected to be incurred in the
financial year to 31 December 2007.

Contact: 

Personal Group Holdings Plc
John Barber, FD
Tel: [phone]

Simon Rothschild
Bankside
Tel: [phone]