Trading Update

Accuma Group PLC
17 August 2007


Press Release                                                    17 August 2007


                                Accuma Group Plc
                   ('Accuma' or 'the Company' or 'the Group')
                                 Trading Update


Accuma Group Plc, a leading provider of consumer financial solutions, today
releases a trading update ahead of its preliminary results announcement for the
year ended 31 July 2007, which are scheduled to be released during the week
commencing 15 October 2007.

Results for the year ended 31 July 2007 are expected to be in line with market
expectations.


IVA Business

As previously reported, trading conditions over the past year have been
difficult within the IVA sector.  A more competitive environment and
significantly lower approval rates from creditors have impacted on the run rate
of new IVA cases.

Following much debate amongst stakeholders in the IVA process, agreement in
principle on a number of areas has been reached that we hope will help
streamline the process and maximise efficiencies for creditors and Insolvency
Practitioners alike.  Regrettably, agreement has not yet been reached on a fee
structure for IVAs and this continues to cause uncertainty in the market.  As
reported recently in the media, many personal insolvency firms including Accuma,
are concerned that creditors are attempting to enforce a fee regime that will
seriously restrict access to IVAs as a viable solution for a sizeable percentage
of over indebted consumers.

The wider nature of the Group which includes Debt Management and Loan provision
gives a resilience against difficulties in any one sector.  Despite the decrease
in new IVA run rates, with an average of 190 cases per month being completed,
and with approximately 6,000  cases under management amounting to £18m of
contracted revenue, Accuma remain one of the leading IVA companies.


Subsidiaries

Trading in both our debt management and loan divisions has been in line with
expectations and the outlook for these businesses remains positive.  The current
economic climate with rising interest rates, uncertainty in the housing market
and disposable incomes continuing to come under pressure we envisage increased
demand for our services.

With regard to the earn out payments due on the acquisitions made during 2006,
we are due to make a payment to the vendors of Loan Line in October 2007 of
£1.4m  and an amount subject to performance to the vendor of Byrom Keeley in
March 2008, with no payment being due to the vendors of Thomas Charles.

With current cash balances of £3.3 million and with the business generating
positive cashflows on a monthly basis the Board is confident that these payments
can be made from existing and future cashflows.


For further information:

Accuma Group plc
Charles Howson, Chief Executive                      Tel: +44 (0)  161 751 6787
[e-mail]                              www.accumagroup.com


Daniel Stewart & Company plc
Lindsay Mair                                         Tel: [phone]
                                                       www.danielstewart.co.uk



Media enquiries:
Abchurch
Chris Lane / Emma Johnson                            Tel: [phone]
[e-mail]                           www.abchurch-group.com



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