Trading Statement

Premier Management Holdings PLC
12 February 2003



For release at 07.00 on 12 February 2003



Premier Management Holdings plc (the 'Company')


Trading update

The Company is pleased to be able to report that it successfully completed five
transfer and loan deals during and since the January transfer window.  The major
deals were the transfer of Jamie Clapham from Ipswich Town to Birmingham and the
loan of Moroccan international Adil Ramzi from PSV Eindhoven to Cordoba in
Spain.  Although the first transfer window under the new rules has been very
quiet, the Company is pleased at its share of the total transactions.  The loan
of Adil Ramzi is particularly pleasing as it validates the Company's increased
focus on its overseas offices, as referred to in the chairman's statement
accompanying the last interim results.

When the Company announced its interim results for the first half-year to 31
October 2002, it anticipated that a quiet January transfer window would result
in an outcome for the full year to 30 April 2003 lower than our original
expectations.  The operating contribution for this second half-year is almost
certain to be lower than the first half-year with the likelihood, subject to
trading before the Nationwide League transfer deadline in March, of an operating
loss for the period and the year.

The review of operations and strategy initiated earlier in the year has now been
completed with the move of the Company from premises in the City of London to a
more economic office close to London in the home counties.  The total
cost-savings as a result of measures taken over recent months is equivalent to
approximately £500,000 per annum.

The Company remains committed to its long term strategy of identifying, securing
and developing younger players with talent.  Currently, the Company represents
over 250 players, of which approximately half are under 25 years old and of
which approximately a quarter have represented their country.

The Board believes that the Company is now better positioned to operate in
today's much tougher football environment.



Further inquiries:
Barry Gold (Chairman) 01277 366992



ENDS


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