Pre-Close Period Update

Numis Corporation PLC
28 September 2005

EMBARGOED FOR RELEASE 7:00 am Wednesday 28 September 2005



                        Numis Corporation Plc ('Numis')



                            PRE-CLOSE PERIOD UPDATE





Numis Corporation Plc ('Numis'), the independent stockbroking and investment
banking business serving mid and small cap companies, today issued a trading 
update ahead of the close period relating to the year ending 30 September 2005.




Expected Results for the Year Ended 30 September 2005


Following an exceptional period of activity amongst its corporate clients, Numis
now expects to exceed current brokers forecasts for the year ended 30 September 
2005.  In particular, the Board expects revenues to be more than 90 percent up
on last year and the Board believes that Profit Before Tax and Exceptional Items
is now likely to reach £30 million.  The Company also expects that, following 
its successful trading since the half year results and the sale of its interest
in Squaregain Limited (formerly known as comdirect), its year-end cash balance 
will be in excess of £55m.



Corporate Broking and Advisory


The second half has been a busy period for existing and new corporate clients of
the group.  The number of corporate clients for whom we act has risen to 91 
(2004: 73).  During the period to date, our clients raised a total of £1,057m 
(2004: £388m) through 35 (2004: 19) transactions, demonstrating the benefits of
building a diverse corporate client base.  It is pleasing to note that over 40% 
of these funds were raised on behalf of existing clients, reflecting the 
strength of our corporate clientele and our relationship with institutional 
investors.



Research, Sales and Trading


We have continued to expand our research of UK quoted companies.  The firm has a
strong and recognised capability in more sectors than ever before, including 
aerospace and defence, building and construction, engineering, environmental
systems and services, food producers, financials and insurance, leisure, life
sciences, media, mining, motor distributors, oil & gas, retail, support services
and IT.

Our sales and trading activities continue to flourish with commission rising by
over 40% over the financial year to date. Although this is an increasingly 
competitive area, with greater focus on commission levels through electronic 
trading, there will always be a market for independent, well-researched and 
well-executed ideas that help to improve performance for our institutional 
clients.

Market making at Numis is focused on client facilitation, rather than generating
proprietary trading profits, and it continues to build market presence and 
goodwill for Numis, as well as a satisfactory return on capital.  We now act as 
market maker to over 290 stocks.




Prospects

We continue to make solid progress towards our goal of building Numis into a
leading independent corporate broking house serving high quality UK and 
International mid and small cap companies.  With this in mind, we have been 
strengthening both our corporate broking and corporate finance departments with 
high quality individuals and teams who wish to work within a growing independent
stockbroker where they can participate in the direction and success of the 
business.

The second half of our year has been exceptionally active.  However, market
conditions are inherently volatile and we operate in a fiercely competitive 
industry where competition for clients and talented people is relentless.  
Our success and future growth depends on market conditions and our ability to 
continue to attract high quality clients and talented individuals.  Therefore we
remain cautiously optimistic. However, we are encouraged by the growing interest
amongst overseas companies and investors in the UK stock market, a trend from 
which we expect to benefit in the long term.



Enquiries:


Oliver Hemsley - Chief Executive                                   020 7776 1500
Bill Trent - Chief Financial Officer                               020 7776 1500


Gill Ackers - Brunswick                                            020 7396 5382



28 September 2005






                      This information is provided by RNS
            The company news service from the London Stock Exchange