Trading Update

Mears Group PLC
17 January 2006


MEARS GROUP PLC

Trading update

Tuesday 17th January 2006

The Board is pleased to announce that the trading results for the year ended
31 December 2005 will be at the upper end of market expectations.

Since our last announcement we have secured four new contract awards with Leeds
City Homes, Kensington Housing Trust, London Borough of Greenwich and the London
Borough of Kingston upon Thames.

The order book is now in excess of £1billion and the Group continues to enjoy a
healthy pipeline of both outstanding tenders and future opportunities. A
substantial amount of the turnover for the next 2 to 3 years has already been
contracted to the Group.

Cash collection has been strong and combined with a sound balance sheet this
provides a very stable platform for predictable future growth.

The Directors remain confident in the future prospects for the Group.

Contact:

Bob Holt (Chairman)            Tel: [phone]
Stuart J. Black (CEO)          Tel: [phone]
David J. Robertson (FD)        Tel: [phone]
Trevor Bass/Alex White (WSSM)  Tel: [phone]

Notes to Editor:

-  Mears Group PLC is the leading provider of a range of services to social
   landlords.
-  The services provided include response maintenance, void refurbishment, 
   planned preventative maintenance, improvements to meet the 'Decent Homes 
   Standard' and estate management.
-  Profits have shown an annual compound growth rate of 43% since Mears was 
   listed on the Alternative Investment Market ('AIM') in October 1996. The 
   Group was awarded the AIM Company of the Year Award in 2003.
-  The Mears mission is to be the market leader in transforming the social 
   housing environment, improving homes, improving neighbourhoods and improving 
   lives.

Further information is available on our website www.mearsgroup.co.uk

End




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