Trading Statement

Spice Holdings PLC
09 May 2006

9 May 2006

                               Spice Holdings plc

                            Pre-close trading update

The Board of Spice Holdings plc ('Spice' or the 'Company') is pleased to
announce that its results for the year ended 30 April 2006 are anticipated to be
in line with the Directors' and the market's expectations.

Market conditions for each of Spice's four operating divisions have remained
favourable in the second half of the financial year, with improvements in the
Electricity and Facilities markets in line with Directors' expectations. Within
this period, our operating divisions have secured either contract wins or
renewals with key customers including:

Electricity Services

•  Scottish Power - 3 year framework agreement for substation design and
   construction services. Scottish Power is a new customer for Freedom Technical
   Services and for Spice;
•  National Grid - 2 year framework agreement for the provision of mains
   record data services. National Grid is a new customer for Freedom Data 
   Services and for Spice;
•  EdF Energy - 5 year contract for volume asset replacement services; and
•  Enertrag UK - contract for new windfarm connections in Norfolk.

Facilities Services

•  Norwich Union - framework renewal, which significantly extends geographic 
   coverage, for domestic insurance reinstatement works;
•  Starbucks - 2 year contract renewal for property maintenance management
   services; and
•  British Waterways - 3 year contract renewal, which extends geographic
   coverage, for reactive and planned maintenance.

Telecoms Services

•  MOD - 1 year contract renewal for maintenance and support of RAF radio 
   systems;
•  Exxon - Launch customer for radio services at Southampton Airport; and
•  Menzies Support Services - 5 year contract for radio services for
   public transport at Heathrow.

Water Services

•  Yorkshire Water - 1 year framework renewal, which maintains sole supplier 
   status, for meter installation and replacement services;
•  United Utilities - 1 year framework renewal, which maintains sole supplier 
   status, for meter installation and replacement services; and
•  South East Water - 3 year contract renewal for meter replacements and 
   reading.

The combined value of these contracts to Spice during 2007 is anticipated to be
circa £40 million. All of the above contracts underpin the Company's visibility
of future revenues. Spice remains well placed to continue to grow organically
(including by cross selling across operating divisions) within its expanding
markets, and continues to pursue complementary acquisition opportunities. The
integration of acquisitions made during the year continues to progress to plan.
Spice continues to look to the future with confidence.

The results will be announced on Monday, 10 July 2006. The Company will hold a
briefing for analysts at 10am at the offices of KBC Peel Hunt on that morning.
Further details of this briefing will be announced nearer the time.

Enquiries:

Spice Holdings plc                                        Tel: [phone]
Simon Rigby, Chief Executive Officer
Oliver Lightowlers, Group Finance Director
Carl Chambers, Corporate Development Director

Financial Dynamics                                        Tel: [phone]
Sally Lewis
Billy Clegg



NOTES TO EDITORS

Spice Holdings plc

Spice is a support services business operating in the utilities and facilities
management sector. The Group's operations were founded in 1996 and have their
origins in the electricity industry, though the range of activities has since
been expanded into the water sector, niche telecommunications services, the
public sector and commercial facilities management. Spice's businesses have a
common theme of delivering and co-ordinating infrastructure services to
customers, and the technological element within the product mix has been built
up significantly over the course of the last three years.




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