Canc of shares/Trading Update

Premier Management Holdings PLC
27 September 2004


Premier Management Holdings plc

Cancellation of shares and Trading Update

Premier Management Holdings plc the Aim Listed football agency is pleased to
announce the cancellation of 4,332,900 ordinary shares of 1p each. The shares
were previously held by Mark Curtis and were returned to the Company by
Mr.Curtis as part of the agreement when Mr.Curtis left the Company in August.
This reduces the ordinary share capital from 70,291,333 to 65,958,433.

When the results for the period ended 31st January 2004 were announced it was
noted that trading for the current year remained uncertain, although trading in
the summer window had been, up to that time, promising. Pleasingly trading
throughout the window was satisfactory, and since the window closed trading has
remained positive against tight cost control, and a mixed market. Prospects
remain promising for the remainder of the year, and a decent January transfer
window will make for a good year overall.

Ends


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