Trading Statement

First Derivatives PLC
28 February 2008



28 February 2008

                             First Derivatives plc
                             (AIM:FDP.L, IEX:GYQ.I)

                        Pre-close period trading update


The Board of First Derivatives plc ('First Derivatives' or the 'Company') is
pleased to announce that the Company is enjoying strong revenue growth and that
trading for the year to 29 February 2008 will be ahead of current market
expectations.

The strong level of demand for the Company's consultancy services, that were
reported at the time of the interim results, has continued into the second half.
 In addition, First Derivatives is now generating sales from various proprietary
software products which the Company has been developing in recent years.  These
products are sold on an annual recurring licence basis.

While revenues for the year will be slightly higher than recent market
forecasts, the Company has achieved higher than expected margins on services and
product sales.  As a result the Board anticipates that profits before tax for
the year to 29 February 2008 will be above current market forecasts.

First Derivatives anticipates that the Company will release its preliminary
statement of results for the year to 29 February 2008 on Thursday 15 May 2008.


Contact:

 First Derivatives plc                                  Tel: [phone]
 Brian Conlon

 Charles Stanley Securities                             Tel: [phone]
 Nominated Adviser
 Russell Cook/Carl Holmes

 Goodbody Corporate Finance                                 Tel: [phone]
 IEX Adviser
 Diane Hodgson/Linda Hickey

 Stakeholder Communications
 Carl Whyte                                            Tel:  [phone]
 Lisa Nugent                                           Tel: [phone]




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