Trading Statement

1 pm plc

                            ("1pm" or the "Company")

                                 Trading Update

10 April 2008

Further  to  the announcement on 20 March 2008, the board of 1pm  plc,  the  AIM
quoted  independent provider of asset finance facilities to the smaller business
community,  is  pleased to announce that it has secured a  further  £250,000  of
banking facilities from one of its existing lenders.  In the past 6 weeks, total
banking facilities available to 1pm have increased by £750,000.

The   value   of   business  proposals  received  and  accepted  has   increased
significantly  during  the  second  half of the  current  financial  year.   The
business  processes in place means that is growing its "book" in a balanced  and
risk averse manner, with care taken to ensure that 1pm is not over exposed to  a
single  borrower.  1pm focuses on providing funding to small businesses  with  a
proven  payment  history and are professionally controlled by experienced  owner
managers who have a vested interest in success of the business.

Mike Johnson commented, "The credit crunch will, in my opinion, provide 1pm with
greater  opportunities as traditional funding lines such as  those  provided  by
banks  for SME's are tightened. However, as always, the watchwords will  be  'an
abundance  of caution'  when taking on new customers and with care and expertise
implicit,  I  believe  we are well positioned to take advantage  of  the  market
opportunities."



Enquiries

Mike Johnson, Chairman 1pm plc                    08707 397 397

Ian Callaway, SVS Securities plc                  0207 638 5600

Nick Harriss, Blomfield Corporate Finance         020 7512 0191

Shane  Dolan, Biddicks                            020 7448 1000