22 May 2008
Judges Capital plc ('Judges Capital' or the 'Company')
AGM Trading Statement
At today's Annual General Meeting of Judges Capital plc, Alex Hambro, the Chairman, will make the following statement:
'The excellent order book accumulated during the last quarter of 2007 resulted in a strong trading performance at the start of 2008 and the Board now expects earnings per share for the first half of the year to be twice those recorded for the first half of 2007.
Although the outlook for the full year is encouraging, the Group's markets are not necessarily immune from global financial turbulence and the progress achieved at this stage should not be extrapolated for the year as a whole.
The current financial year has witnessed the purchase of Unit 18, a freehold property in East Grinstead, to relocate Aitchee together with our efforts to improve the liquidity of the Company's shares through the placing to private investors announced yesterday and the 'whitewash' resolution submitted to the EGM held earlier today. We remain focused on our trading performance and the pursuit of suitable acquisitions.'
For further information, please contact:
Judges Capital plc
David Cicurel, CEO
01342 323 600
Shore Capital
Alex Borrelli
020 7408 4090
Cardew Group
Melvyn Marckus
07775 896491