Overseas expansion

Admiral Group PLC 06 November 2006 The Group is pleased to announce that its operation in Spain, trading under the name of Balumba.es, has opened from its offices based in Seville. It is intended that various marketing campaigns will be tested over the coming months and volumes will be small during this period. The Group will provide further update when it announces its full year results in March 2007. Henry Engelhardt, Chief Executive, commented that 'the Managers in Spain have worked extremely hard to get the approvals required, systems and staff in place to launch our first overseas operation, and we congratulate them on reaching this important milestone.' This information is provided by RNS The company news service from the London Stock Exchange
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