Interim Results

PRIME PEOPLE PLC
14 September 1999


                  PRIME PEOPLE DOUBLES PROFIT AT INTERIM STAGE:
                     PRESENT TRADING CONTINUES TO ENCOURAGE

A more than doubling of pre-tax profit to £450,486 (£216,946) at the June 30
interim stage is announced today by Prime People Plc, the specialist leisure
industry recruitment and training group. Turnover on continuing operations rose
23p.c. to £1.72m (£1.4m).

First half results were helped by a continued improvement in trading performance
at Portfolio International the permanent recruitment business which operates in
the hospitality sector. The contribution from Prime People's share of profit in
financial recruitment consultancy, Cameron Kennedy Associates, bolstered trading
figures by £205,000 against a contribution of £272,591 for last year. Harper
Craven, the sales training division, continued to perform well.

Chairman Mr. Richard Lee comments: 'Present trading is continuing to encourage
us and we look forward to another satisfactory outcome for the full year. With
significant cash balances in hand and continuing profitability we are in a good
position to make further acquisitions and investments where we believe they will
be appropriate for the continued steady growth of the company'.

Following the receipt of £835,000 received from the sale of Sherwoods, group
cash at 30th June stood at £1.4m compared with £0.5m at 31 December, 1998.
Earnings per share are stated at 0.87p (0.46p).

For furtber information, please contact:
          David Coubrough
          Group Chief Executive
          0171 520 5000

A printed copy of the Interim Report will be sent out to all shareholders next
week.



Prime People Interim Report 1999

Consolidated Profit and Loss Account

for the six months ended 30 June 1999

                         Notes    Six months      Six months             Year
                                       ended           ended            ended
                                     30 June         30 June      31 December
                                        1999            1998             1998
                                   Unaudited       Unaudited          Audited
                                       £               £                £
Turnover
- continuing operations            1,722,439       1,399,912        2,781,771
- discontinued operations                  -         748,416        1,457,585
                   
                                   1,722,439       2,148,328        4,239,356

Cost of sales                        (97,122)       (575,998)      (1,093,320)

Gross profit                       1,625,317       1,572,330        3,146,036
Administrative expenses           (1,405,333)     (1,363,284)      (2,699,838)
Group operating profit
- continuing operations              219,984         171,732          373,882
- discontinued operations               -             37,314           72,316
                                     219,984         209,046          446,198
Share of operating profit 
 in associate                        205,000            -             272,591

Total operating profit               424,984         209,046          718,789
Profit on sale of 
 discontinued operation                 -                -            581,679
Interest receivable and 
 similar income                       27,388           9,804           22,766
Interest payable and 
 similar charges                      (1,886)         (1,904)          (4,785)
Profit on ordinary activities
 before taxation                      450,486        216,946        1,318,449
Tax on profit on ordinary 
 activities                     2    (133,000)       (48,000)        (124,614)
Profit on ordinary activities
 after taxation                       317,486        168,946         1,193,835
Dividends                               -               -                -
Retained profit for the period
 transferred to reserves        4     317,486        168,946         1,193,835
Earnings per ordinary share
- Basic and diluted             3       0.87p          0.46p             3.33p



Consolidated Balance Sheet
30 June 1999
                               Notes  30 June        30 June        31 December
                                         1999           1998               1998
                                      Unaudited      Unaudited          Audited
                                          £              £                £
Fixed assets
Tangible assets                        160,095         170,754          152,186
Investments                             30,000          30,000           30,000
Interest in associated 
 undertaking                           494,977            -             353,977
                                       685,072         200,754          536,163
Current assets
Work in progress                       243,096         354,226          209,491
Debtors                                931,591       1,087,829        1,656,131
Cash at bank and in hand             1,410,348         544,890          565,915
                                     2,585,035       1,986,945        2,431,537

Creditors: Amounts falling
 due within one year                  (745,056)     (1,009,729)        (755,885)

Net current assets                   1,839,979         977,216        1,675,652

Creditors: Amounts falling
 due after one year                     (8,523)         (3,817)         (12,773)

Net assets                          £2,516,528      £1,174,153       £2,199,042

Capital and reserves
Called up share capital         4      363,467         363,467          363,467
Share premium account           4      864,925         864,925          864,925
Merger reserve                  4      816,536         816,536          816,536
Profit and loss account         4      471,600        (870,775)         154,114

Shareholders' funds             5   £2,516,528      £1,174,153       £2,199,042



Consolidated Cash Flow Statement
for the six months ended 30 June 1999

                              Notes  Six months      Six months          Year
                                          ended           ended         ended
                                        30 June         30 June   31 December
                                           1999            1998          1998
                                      Unaudited       Unaudited       Audited
                                           £                £            £
Net cash inflow from
     operating activities       6        33,799          344,828       730,878

Return on investments and
     servicing of finance
Interest received                        27,382            9,804        24,007
Interest element of finance
     lease rental payments               (1,880)          (1,904)       (4,785)

                                         25,502            7,900        19,222
Capital expenditure and     
     financial investment
Purchase of tangible fixed 
     assets                             (69,281)         (77,364)      (84,913)
Receipts from sales of tangible 
     fixed assets                        20,000              -          18,462
Purchase of minority interests 
     in subsidiary undertaking              -                -         (23,132)
                                        (49,281)         (77,364)      (89,583)

Acquisitions and disposals 
Purchase of interest in
     associated undertaking                  -               -        (166,500)
Sale of subsidiary undertaking          835,000              -          20,000
Cash disposed of in sale of 
      subsidiary                             -               -         (40,866)
                                        835,000              -        (187,366)
Net cash inflow before financing        845,020          275,364       473,151

Financing 
Capital element of finance 
      lease contracts                    (9,828)           (9,650)      (23,619)
Net cash outflow from financing          (9,828)           (9,650)      (23,619)

Increase in cash                   7   £835,192          £265,714      £449,532



Notes to the Interim Financial Statements
for the six months ended 30 June 1999

1. Accounting policies 
The Interim results have been prepared on the same basis and using the same 
accounting policies as those used in the preparation of the accounts for the
year ended 31 December 1998.

2. Taxation
Taxation has been provided for at 30% (1998: 21%).

3. Earnings per share
Earnings per share have been calculated by dividing profit on ordinary 
activities after taxation by 36,346,692 (1998: 36,346,692) ordinary shares being
the weighted average number of ordinary shares in issue.

4. Reserves
                                     Share            Merger         Profit and
                                   Premium           Reserve               Loss
                                   Account                              Account
                                         £                 £                  £
At 1 January 1999                  864,925           816,536            154,114
Retained profit for the period           -                 -            317,486

At 30 June 1999                   £864,925          £816,536           £471,600

5. Reconciliation of movement in shareholders' funds
                                    30June            30June        31 December
                                      1999              1998               1998
                                 Unaudited         Unaudited            Audited
                                         £                 £                  £
   Profit for the period           317,486           168,946          1,193,835
   Opening shareholders' funds   2,199,042         1,005,207          1,005,207
      
   Closing shareholders' funds  £2,516,528        £1,174,153         £2,199,042


6. Reconciliation of operating profit to net cash inflow from operating
activities
                                           Six months                Six months
                                                ended                     ended 
                                              30 June                   30 June
                                                 1999                      1998
                                            Unaudited                 Unaudited
                                  £                 £          £              £
                         Continuing      Discontinued      Total     Continuing
Operating profit            219,984                 -    219,984        171,732

Depreciation charge          44,688                 -     44,688         30,220
Loss/(profit) on disposal   
 of tangible fixed assets     2,684                 -      2,684              -
Decrease/(increase) in
 debtors                   (110,460)                -   (110,460)       (36,848)
Increase/(decrease) in
 creditors                  (89,492)                -    (89,492)       113,467
Increase in work in
 progress                   (33,605)                -    (33,605)      (136,618)
Net cash inflow/
 (outflow) from
 operating activities       £33,799                £-    £33,799       £141,953


                         Six months                                       Year
                              ended                                      ended
                            30 June                                31 December
                               1998                                       1998
                          Unaudited                                    Audited
            
                                  £               £            £             £
                       Discontinued           Total   Continuing  Discontinued

Operating profit             37,314         209,046      373,882        72,316

Depreciation charge           4,337          34,557       67,799         8,084
Loss/(profit) on disposal   
 of tangible fixed assets         -               -       (6,450)            -
Decrease/(increase) in
 debtors                    179,876         143,028      241,362       118,880 
Increase/(decrease) in
 creditors                  (10,917)        102,550      117,346      (257,095)
Increase in work in
 progress                    (7,735)       (144,353)        (401)       (4,845)
Net cash inflow/
 (outflow) from
 operating activities      £202,875        £344,828     £793,538      £(62,660)

                               Year
                              ended
                        31 December
                               1998
                            Audited
                                  £
                              Total

Operating profit            446,198 

Depreciation charge          75,883
Loss/(profit) on disposal   
 of tangible fixed assets    (6,450)
Decrease/(increase) in
 debtors                    360,242 
Increase/(decrease) in
 creditors                 (139,749)
Increase in work in
 progress                    (5,246)
Net cash inflow/
 (outflow) from
 operating activities      £730,878 

Notes to the Interim Financial Statements (continued)
for the six months ended 30 June 1999

7.  Analysis of net cash
                                        At 1 January   Cash flow     At 30 June
                                                1999                       1999
                                                   £           £              £
Cash in hand and at bank                     565,915     844,433      1,410,348
Bank overdraft                                (9,241)     (9,241)       (13,086)

Total                                       £556,674    £835,192     £1,397,262

8.  Year 2000
The group's programme to ensure that its systems are Year 2000 compliant is
progressing well and we do not anticipate that the group will incur exceptional
costs above our normal replacement costs.

9.  Nature of the financial information
The interim financial information for the six months ended 30 June 1999, was
approved by the Board on 13 September 1999.

The financial information set out above does not constitute full accounts within
the meaning of Section 254 of the Companies Act 1985.  The results for the year
to 31 December 1998 are extracts from the published accounts for that year which
have received an unqualified audit report and have been filed with the Registrar
of Companies.


Copies of the interim results are being sent to shareholders.  Further copies
can be obtained from the company's registered office at: 5 Bream's Buildings,
Chancery Lane, London EC4A 1DY.


Chairman's and Chief Executive's Statement

We are pleased to report a significantly increased profit for the six months to
30 June 1999.  Pre-tax profits improved from £216,946 in 1998 to £450,486 in
1999.  
Turnover excluding discontinued operations increased from £1,399,912 to
£1,722,439.

Despite having sold our temporary staff placement division at the year end the
profits made by that division have been more than made up by improvements at our
principal business Portfolio Invernational and a significant contribution
from our investment in Cameron Kennedy.  Our sales training company Harper
Craven continued to perform well.

With significant cash balances in hand and continuing profitability we are in a
good position to make further acquisitions and investments where we believe they
will be appropriate for the continued steady growth of the company.

We look forward with confidence to another satisfactory outcome for the full
year.

RICHARD E M LEE                            DAVID C COUBROUGH
Chairman                                   Chief Executive

13 September 1999