AGM Trading & Business Update

Microgen PLC
24 April 2007



MICRGOGEN

Information Management Solutions


24 April 2007: embargoed for release at 7-00am


                        AGM Trading and Business Update

At the Company's Annual General Meeting to be held at 9-00am this morning,
Martyn Ratcliffe, Chairman, will provide the following update on trading and the
business :

'Trading performance in the first part of the year is in line with the Board's
expectations and the Group's priorities for the 2007 financial year, as outlined
in our February preliminary results statement, are on track.

Microgen Aptitude continues to gain market recognition for its leading
transaction performance levels and event driven architecture. Furthermore, the
Group is currently in the final stages of negotiations on potentially its
largest project to date for Microgen Aptitude, comprising licence, consultancy
and support, with a major new Financial Services customer.

The Board has also continued to rationalise the Group's property portfolio, with
the settlement and exit from its most onerous legacy lease at a level in-line
with the accrual previously taken. The Group is also in negotiation for the
disposal of one of its long-leasehold properties at a price in excess of the
value currently held on the balance sheet. If completed, this disposal would
produce an exceptional profit in the current financial year and increase net
funds by approximately £2 million. The cash arising would be used in part to
repay in full the mortgage associated with that property.

In summary, Microgen has started the year well and the organic development of
the Group continues to make good progress. In parallel, the Board continues to
explore merger and acquisition opportunities, although the Board remains prudent
and there is no certainty that any such transactions will be completed.'


                                    - Ends -



Contact:


Microgen plc
Philip Wood, Group Finance Director                      Tel : [phone]
www.microgen.co.uk

Financial Dynamics
Giles Sanderson                                          Tel: [phone]




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