AGM Statement

CEPS PLC                                    

                              AGM Trading Update                               

On 9 May 2007, the Company issued its report and accounts which contained
commentary on the Group's prospects for the current year, including Sunline
Direct Mail Limited ("Sunline").

At the time of the acquisition, in February 2007, the Board announced that they
were satisfied that there would be no material adverse change to Sunline's
trading following a change to general market terms upon which a delivery
partner of Sunline proposed to undertake future business.

The Board is pleased to announce that a new direct mail service contract will
be signed with this delivery partner to commence on 1 July 2007, which should,
subject to compliance with the new terms and conditions, deliver an increase in
service payments to Sunline over the second half of the year.

The Board is also pleased to report that the management transition has occurred
satisfactorily and that Sunline's trading is in line with expectations.

The trading performance of the Group so far this year continues to be
encouraging and the Board remains optimistic about the outcome for 2007.

Acquisitions remain a key objective and the Company is pursuing all suitable
opportunities.

Contact details:

CEPS PLC
Peter Cook
Director
01225 483030

City Financial Associates
Ross Andrews
Director
0207 090 7800