Trading Statement

Mears Group PLC 10 January 2007 MEARS GROUP PLC Trading update Wednesday 10th January 2007 The Board is pleased to announce that the trading results for the year ended 31 December 2006 will be at the upper end of market expectations. Since our interim announcement in August 2006 we have secured a number of significant contract awards with a total value in excess of £100m. These contracts include Brighton & Hove City Council and Bedfordshire Pilgrims HA. The order book remains at over £1 Billion and the Group continues to enjoy a healthy pipeline of both outstanding tenders and future opportunities. 94% of the market consensus turnover for 2007 has already been contracted to the Group and some 84% of the 2008 projection is secured. Cash collection has remained strong and combined with a sound balance sheet this provides a very stable platform for predictable future growth. We continue to seek quality businesses with the potential to help us further our strategic objectives and improve or broaden our services. The Directors remain confident in the future prospects for the Group. For further information, please contact: Bob Holt, Chairman 07778 798 816 Stuart Black, Chief Executive 07971 151 320 David Robertson, Finance Director 07887 705 357 This information is provided by RNS The company news service from the London Stock Exchange

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Mears Group (MER)
UK 100

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