Trading Statement & New Agreements

The Core Business plc (the 'Company') Trading Update & New Agreements 14 June 2007 The Company is pleased to announce that following the agreement with Accessoires Beaute Cosmetique announced in February to distribute the ELITE MODELS FASHION beauty accessories range, this relationship has been further enhanced. The Company will now also be distributing: - the ELITE MODELS FASHION colour cosmetics range, under an exclusive five year agreement within Great Britain; - the Princesse Lili haircare accessory brand, under an exclusive five year agreement within Great Britain The Company is also pleased to announce that it has reached an agreement with Filtral SA to distribute the ELITE MODELS FASHION sunglasses range, under an exclusive two year agreement within Great Britain. Distribution of the beauty products range commenced in March 2007 and the preliminary distribution income for the half year to 31 May 2007 was £89k. The Company's total consultancy income for the same period was £83k. During the half year to 30 November 2006, the Company's total income was £78k, all derived from consultancy work. The Company has signed a 3 year exclusive deal to supply the ELITE MODELS FASHION colour cosmetics range into a leading high street retailer from September 2007. The initial pipeline order for this launch is expected to be in excess of £240k. In total, the Company expects to make sales to of ELITE MODELS FASHION branded goods of circa £750k during the current half year up to end of November 2007 with the full effect of the Christmas period falling in the second half year. For further information, please contact: The Core Business plc Stirling Murray, Chief Executive 020 7483 4300 Ellis Stockbrokers Limited Neil Badger 01293 517 744 ARM Corporate Finance Limited Nick Harriss 020 7512 0191 Notes to Editors The Core Business was established in May 2004 by Stirling Murray to create, develop, launch and distribute personal care and beauty brands. It also provides consultancy and brand management services. The Core Business listed on AIM in March 2006 under the ticker `CORE.'

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