AGM Statement

GB Group PLC 12 July 2006 Embargoed until 07.00 12 July 2006 GB GROUP PLC ('GB' or the 'Group') AGM TRADING UPDATE STATEMENT At the Annual General Meeting to be held today at noon in Chester, John Walker-Haworth, Chairman of GB Group, will give the following trading update statement to shareholders: 'The Group has continued to generate revenue growth in the first quarter of the current financial year with Group revenues increased by 14% compared to the same period last year. DataAuthentication DataAuthentication, whose current principal offering is URU(TM), has continued its strong performance. Revenue in the first quarter increased to £1 million up from £384,000 in the same period last year. Likewise, transaction volumes for the URU service grew from 250,000 in the first quarter last year to 700,000 in the first quarter of the current financial year, reflecting both the increase in client numbers and the growth in size and strategic importance of these clients. URU(TM) client numbers continue to increase and now stand at 114 compared to 105 at 1 June 2006. We are very pleased by the number of new clients which are now coming from the Financial Services sector, and we believe this is indicative of the growing recognition and acceptance of URU(TM) as the leading electronic solution for age and identity authentication. DataIntegrity and DataSolutions GB's traditional services, DataIntegrity and DataSolutions, continue to operate in challenging and competitive markets and this is reflected in the first quarter performance which is marginally lower than the previous year. As indicated in June, GB intends to differentiate its offerings in these markets by providing its services online and these services are expected to be operational during the second half of the year. Cash Group cash balances remain strong at £6.6 million. During the year, our investment plans for both DataAuthentication and our traditional services, together with investment in our group-wide infrastructure, are expected to result in net cash outflow. As announced at the time of our results last month, however, we do not expect Group cash balances to fall below £5.0 million during the course of the year. Prospects This is an exciting time for GB with substantial opportunities for the business and the Board has a very positive view of GB's prospects.' - Ends - For further information, please contact: GB Group plc Richard Law, Chief Executive 01244 657333 Mona Navin-Mealey, Finance Director Weber Shandwick Square Mile 020 7067 0700 Richard Hews Helen Thomas Website www.gb.co.uk Notes to Editors About URU(TM) URU is an electronic identity verification service which was developed jointly with BT and is DataAuthentication's principle offering. URU, which is powered by GB's ID3(TM) search engine and decision making technology, provides access to GB's comprehensive range of identity data and BT's high capacity web delivery. It helps organisations to protect themselves from the growing problem of identity theft and fraud, which is estimated to cost the UK economy over £1.7 billion per annum. URU enables companies subscribing to the service to make an instant decision whether to accept the identity claimed by any given individual and confirm their age in seconds. URU works by cross checking personal information provided by an individual at the point of acquisition against a comprehensive range of datasources to confirm that an individual is who they claim to be, live where they claim to live and meet certain minimum legal age requirements. No personal data is disclosed by the reference databases and as a result URU is compliant with the Data Protection Act. URU also provides a valuable audit trail demonstrating that the necessary checks have taken place, thereby helping companies comply with legislation, including the 2nd European Money Laundering Directive, Proceeds of Crime Act and Minimum Legal Age requirements of certain industry sectors. The addition of data from CallCredit also enables users of URU to incorporate credit reference data. As a result of legislation, new opportunities and social responsibility requirements, the market for electronic ID verification is significant and growing. Although an estimated 0.5 billion manual ID checks are conducted annually in the UK, less than 3% of these are currently performed electronically. URU has demonstrated that electronic checks are more effective, less expensive and more robust. The market is moving towards electronic checks as fraudulent documents become ever more sophisticated, more readily available and more difficult to check manually. It is estimated that by 2010, the market for electronic ID checks could be 300 million checks per annum. GB works closely with trade and industry associations, such as the Finance and Leasing Association, the Remote Gambling Association and the Financial Technology Research Centre, to advise businesses that more robust processes can prevent financial crime. We have worked closely with the Gaming Industry to address social issues such as underage gambling and addiction and our Social Responsibility Consultancy helps Gaming operators formulate best practice to comply with regulatory requirements and improve profitability. About GB Group plc GB Group plc provides a range of products and services to enable organisations to capitalise on one of their greatest assets - customer data. The Company has expertise across a range of sectors and is able to transform customer data into valuable information, enabling clients to make better, more informed decisions. The development of innovative software and services, through to the provision of the UK's most comprehensive consumer business databases - The National Register (R) and the National Authentication Register - positions GB Group as a widely acknowledged industry leader in its specialist markets. We are constantly improving business processes by building on our core values of Innovation, Quality and Excellence. This is reflected in our customer satisfaction surveys and also through research, carried out by Manchester Business School, which confirms our products are out performing the competition. GB Group plc has three complementary offerings: • DataAuthentication helps businesses validate personal identity information and provides anti-fraud solutions to fight crime. • DataIntegrity helps companies capture and maintain accurate customer contact data, an essential foundation for any profitable customer relationship. • DataSolutions empowers companies to consolidate and analyse customer data from various sources, enabling them to make better, more informed decisions. Established since 1989, GB's core competencies combined with industry sector knowledge have enabled the company to deliver significant value to organisations such as Standard Life, Scottish Power and TD Waterhouse in helping them derive maximum value from their customer data and sustain real advantage over their competition. GB Group is supported by its key relationships with major organisations with whom it works with on major initiatives (an example being British Telecom), together with a team of highly talented and motivated staff successfully delivering business solutions. GB Group plc is listed on the London Stock Exchange (www.gb.co.uk). This information is provided by RNS The company news service from the London Stock Exchange

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