Chairman's Statement

Triad Group PLC
17 August 2000

                                Triad Group Plc
                                       
                                      
                                TRADING UPDATE


Speaking  at  the  Annual General Meeting held today, John Rigg,  Chairman  of
Triad Group Plc, the information systems and software consultancy Group,  made
the following statement on the Group's trading.

'  Following my statement in the report and accounts for the year  ended  31st
March  2000, I am pleased to say that the confidence I expressed then  in  the
likely  outcome  of  the pilot and proving exercises in  which  we  have  been
engaged is turning out to be justified.

'  We  are  now  established in substantial programmes with large  clients  in
markets  including financial services and telecomms.  As a result, utilisation
levels  from  August  onwards  are  expected  to  be  stronger  than  we  have
experienced since the impact of the millennium related slow-down was  felt  in
1999.   Because  of  the  timing of the pick-up, the  effect  on  our  trading
performance  will not become properly apparent until the second  half  of  our
current  financial  year.   I look forward to the outcome  of  the  year  with
increasing enthusiasm.

'  I would like in particular to thank our staff who have shown dedication and
loyalty over the recent period of uncertainty.'

DATE: 17th August 2000

For further information please contact:

John Rigg, Chairman           Triad Group Plc                    01483 860222
Jonathan Gillen               City Profile                       020-7726-8588
Jonathan Shillington          City Profile                       020-7726-8588