Trading Statement

Trading Update                                 

PHSC plc ("the Company"), the provider of health, safety and environmental
services to corporate and public sector clients, makes the following
announcement ahead of its AGM which is to take place today at 10.00am:

The directors of PHSC announce that group revenues for the four months to 31
July 2008 were £1,645,735 compared to £1,668,413 for the same period last year,
representing a modest decline of 1.5%.

This resulted in a pre-tax profit for the four months to 31 July 2008 of £
164,512 (unaudited, and prior to amortisation of goodwill) as against £254,906
or the same period of last year.

In announcing the latest figures, Stephen King, Chief Executive Office of PHSC,
said: "In the current economic climate, the board is satisfied that revenue has
been maintained at virtually the same level as last year. Although gross
margins are higher, the effect of increased administrative costs in areas such
as staff salaries, transportation and utilities has meant a reduction in
pre-tax profits. Now is not the time to try and recover the shortfall through
higher fees charged to clients."

Based on the current order book and subsidiaries' projections, the board is
expecting that revenues from continuing operations in the current financial
year will be approximately £5,000,000 and profits from continuing operations
will come in at around £600,000 before tax. Revenues and profits will therefore
likely be below market expectations.

For further information please contact:

PHSC plc

Stephen King 01622 717700

[e-mail]

www.phsc.plc.uk

Ruegg & Co Limited

Gavin Burnell 020 7584 3663

Hichens, Harrison & Co plc

Daniel Briggs 020 782 7776