Pre-Close Trading Update

Wilmington Group Plc 20 July 2007 20 July 2007 WILMINGTON GROUP PLC PRE-CLOSE PERIOD STATEMENT Wilmington Group plc ('Wilmington' or the 'Group'), the professional information and training group, today issues its pre-close period statement in respect of the year to 30 June 2007. Trading performance for the year to 30 June 2007 is anticipated to be in line with the Board's expectations and, boosted by acquisitions, significantly ahead of the year to 30 June 2006. This reflects the continued success of our strategy of focussing on selected professional business markets where we can develop a range of complementary information and training activities. We anticipate that strong growth in both turnover and profits will come from all our core divisions where excellent progress has been made. The information and publishing activities have continued to benefit from the growth in e-revenues and are expected to produce excellent levels of profitability. Our training businesses are expected to have generated profits at the higher end of the Board's expectations with strong performances from all major business areas. We announced on 6 June 2007 that the Board had conducted a strategic review of the business and concluded that Wilmington should focus on its core Professional Markets business and dispose of non core activities. The Board has been pleased with the initial level of interest it has received from prospective buyers and looks forward to the successful conclusion of the sale process. As a part of this process Wilmington sold WDIS, its circulation management business, in May 2007. The performance of these non-core businesses are required to be shown as discontinued in the results for the year ended 30 June 2007. Elsewhere in the Group the process of investing in the launch of new products and the ongoing development of new initiatives continues. We continue to pursue our strategy of concentrating on our core professional markets and developing clusters of complementary activities within these markets. The Board is pleased to announce that International Compliance Training, a business within its CLT Group (Legal & Regulatory division), has been asked to assist in developing a significant range of training and assessment programmes for the International Compliance Association (ICA) in Singapore. ICA has been appointed by the Institute of Banking and Finance (IBF) together with the Monetary Authority of Singapore (MAS) and the Singapore Workforce Development Agency (WDA), as the Lead Provider of Financial Industry Competency Standards accredited training and assessment programmes in the field of compliance. The CLT Group will significantly increase its investment in compliance programmes to assist the ICA. We anticipate that this investment will show positive returns in the year ending 30 June 2009 and beyond. Outlook The Board is encouraged by Wilmington's good performance in 2007 and is confident that its strategy of focusing on key professional business markets will result in further progress this financial year. Given the continued strength of the Group's balance sheet reflecting the strong cash flows of the Company, the Board has assessed the capital required to support the ongoing plans for profitable growth and its ordinary dividend payments, and has decided that it will buy back initially up to GBP5m of its ordinary shares by market value in the coming months. It is intended that the share buy-back programme will start on 23 July 2007 and involve a rolling share buy-back programme within the limits approved by shareholders at the Company's Annual General Meeting on 15 November 2006. It is intended that any shares purchased will be transferred into treasury. Wilmington expects to announce its preliminary results for the year ended 30 June 2007 in mid September 2007. - Ends - For further information, please contact: Wilmington Group PLC 0207 422 6800 Charles Brady, Chief Executive Basil Brookes, Finance Director Weber Shandwick Financial 0207 067 0700 Nick Oborne Notes to Editors Wilmington Group plc is one of the UK's leading providers of information and training for professional business markets. The Group provides training, arranges industry events and publishes magazines, directories, databases and special reports focused primarily on its three principal sectors of Legal & Regulatory, Healthcare and Media & Entertainment. Capitalised at approximately £190 million, Wilmington floated on the London Stock Exchange in 1995. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Wilmington (WIL)
UK 100

Latest directors dealings