Trading Statement

Iomart Group PLC
30 March 2007


                              iomart Group plc
                         ('iomart' or the 'Company')

                              Trading Update

At iomart's extraordinary general meeting which is due to be held at 10.00am 
today, Nick Kuenssberg, chairman of iomart, will make the following statement:

'The Company has continued to perform in line with the trading update contained
within the announcement of the  acquisition issued on 7 March. Discussions
relating to the licensing opportunity for Netintelligence referred to in  that
announcement have continued in a positive manner although they have not yet been
concluded and therefore the  current year's performance will not benefit from
any such licensing arrangement for Netintelligence.

In addition the Company has completed its initial review of the impact on its 
Annual Accounts of complying with the provisions of IFRS.


As well as the expected impact from items such as intangible assets and
amortisation this review has identified that the current revenue recognition
policy applied under UK GAAP in respect of the operations of the Company's
subsidiaries Ufindus and Netintelligence is different from IFRS principles and
will require amendment.


In light of these changes, the Company will adopt IFRS as the basis for the
preparation of its financial statements for the current financial year. To allow
sufficient time to fully implement all of the requirements of IFRS the Company
intends to publish its Final Accounts in late June.'




For further information:



iomart Group plc
Angus MacSween 0141 931 6400
Nick Kuenssberg 07860 635 191



KBC Peel Hunt 020 7418 8900
Oliver Scott






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