AGM Trading Update

GB Group PLC 21 July 2005 For immediate release: 21 July 2005 GB GROUP PLC ('GB' or the 'Group') AGM Trading Update At the Annual General Meeting due to be held today at noon in Chester, John Walker-Haworth (GB's Chairman) will give the following trading update statement to shareholders: 'The Group has continued to make progress during the first quarter of the current financial year. URU(TM) The performance of the DataAuthentication division, and its flagship business, URU(TM), which is developed and marketed jointly with BT, has been extremely pleasing. Turnover in the first quarter grew by 37% compared to the previous quarter. The number of clients registered for the URU(TM) service is currently 66, up from 59 at the time of my last statement on 1 June 2005. URU(TM) continues to strengthen its position as the clear market leader for electronic identity verification in the Online Gaming sector. It now has 20 clients in this sector, including PartyGaming Plc (which operates Partypoker.com), Cassava Enterprises Ltd (which operates 888.com) and Betfair Limited (which operates Betfair.com). We have also strengthened our position in the Mobile Telecommunications sector where there are 8 URU(TM) clients including a number of the largest operators in the market. Good progress has also been achieved in the Financial Services market and there are now a total of 28 URU(TM) clients in this sector. URU(TM) also has clients in the Retail and Government sectors. At present, the greatest competition for URU(TM) comes from companies continuing to employ paper-based, labour intensive manual methods of verification. However, with the standards of fraudulent documentation becoming much more sophisticated, we believe that the change to electronic systems for verification will continue to accelerate. URU(TM) is well placed to serve this growing demand. The revenues of URU(TM) are predominantly geared to usage of the service, and we consider that this is the correct business model with which to build a high quality and profitable revenue stream. Investment in URU(TM) has been increased as planned during the first quarter in the areas of technical development, sales and marketing and customer service. The purpose of this investment is to seize the URU(TM) opportunity and build up strong market positions as swiftly as possible. Existing Business The profitability of our existing DataIntegrity and DataSolutions operations is marginally ahead of the same period last year. The strategy of developing new products and services, together with a focus on generating high quality and repeatable revenue has continued successfully. Cash Group cash balances remain strong at £6.8 million. The existing business continues to be cash generative and we expect cash-flow from these operations to continue funding the greater part of the investment in URU(TM). Accordingly, as announced last month and based on our current plans, we do not expect that Group cash balances during the remainder of the year will fall below £5.5 million. Prospects As you will have gathered, this is an exciting time for GB and we view our prospects with confidence.' - 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 Website www.gb.co.uk Notes to Editors 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. GB Group plc has three business areas: • The DataAuthentication division helps businesses validate personal identity information and provides anti-fraud solutions to fight crime. • The DataIntegrity division helps companies capture and maintain accurate customer contact data, an essential foundation for any profitable customer relationship. • The DataSolutions division 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). About URU(TM) The URU(TM) service, the DataAuthentication division's principle offering, has been developed jointly with BT. It combines GB's Authenticator(TM) search engine and decision making software, 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 £1.3 billion per annum. URU(TM) 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(TM) works by cross checking personal information provided by an individual at the point of acquisition against a comprehensive range of up-to-date UK and International population 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(TM) is compliant with the Data Protection Act. URU(TM) 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(TM) to incorporate credit reference data. The market for identity verification checking continues to grow. Research published in February 2005 showed a 45% increase in the number of individuals accessing gaming sites compared to the previous year. In addition, it is predicted that around 10% of potential revenue is lost by Mobile Telecommunications operators as a result of fraud and furthermore, the British Bankers Association reported in March 2005 that losses of its members attributable to fraud had increased by 11% compared to the previous year. GB is working closely with organisations such as Gamcare, the charity promoting responsible gambling, and RGA (Remote Gambling Association), formerly ARGO, to help promote better understanding by gambling companies of the requirements of good social responsibility processes. We are also working closely with some of our clients to help them develop their social responsibility policies and practices thereby ensuring they are well placed to address any issues in this area as they arise and to adopt 'best practice' behaviour. This information is provided by RNS The company news service from the London Stock Exchange STRBMLTMMITMAA

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