Trading Statement

Cheerful Scout PLC
24 April 2007


                Cheerful Scout plc ('Cheerful' or 'the Company')

                               Update on Trading

Cheerful Scout plc, the AIM-traded corporate creative consultants, announces an
update on trading for the year ended 30 June 2007.

Targeting of higher margined projects in tandem with slower than expected
trading in the second half caused by the delay in securing two material
contracts, will result in lower total revenues than projected for the year ended
30 June 2007. There has also been an increase in fixed costs due to the
recruitment of key personnel. Accordingly, total revenues for the year are now
expected to be in the region of £1.9m (FY06: £2.17m) and lower pre-tax profits.

The Board will provide a further update on trading in due course.

                                  * * ENDS * *

For further information visit www.cheerfulscout.com or contact:

Mark Percy/ Liam O'Donoghue          Seymour Pierce          Tel: [phone]
Gary Fitzpatrick                     Cheerful Scout          Tel: [phone]
Isabel Crossley                      St Brides Media         Tel: [phone]




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