Trading Statement

Premier Management Holdings PLC
13 February 2004

For immediate release on 13 February 2004

PREMIER MANAGEMENT HOLDINGS PLC

Trading update

Premier Management Holdings plc (the 'Company'), the AIM-listed football agency
presents a trading update following the recent close of the January transfer
window for itself and its subsidiaries (together, the 'Group').

Key points

•           Like-for-like turnover increased by more than 50 per cent. from last
            year's transfer window.

•           Policy of establishing low or nil cost overseas network proving its
            benefits.

•           Negotiations with the Euro denominated Loan Stock holder nearing
            completion.

•           Good progress being made on equity fund-raising to part-finance Loan
            Stock proposals.

•           New financial year has started quietly but with good prospects for
            several transactions within the next few weeks.

Trading update

The Company is pleased to announce that despite the recent well-publicised
difficulties in the football transfer market, the latest transfer window in
January closed strongly after a slow start to finish with the total value of
transfers completed up 50 per cent. on the corresponding window in 2003. As
predicted in the Company's recently published statement of interim results, the
Group traded well and achieved fees more than 50 per cent. up on the turnover
recorded in January 2003.

However, the recovery in the market as a whole has come from a low base and the
market still remains lower than it was two or three years ago. In this
environment, the Group's policy of developing low or even nil cost offices
abroad has demonstrated its value again. Just as in the summer 2003 window,
there were transactions originated from Hungary and Turkey during January.

Negotiations with the Euro Loan Stock holder have proceeded positively and the
Company is optimistic that the agreement, which incorporates the February coupon
payment, can be completed by the end of the month. The equity fundraising is
also proceeding well. The funds to be raised will be applied to making the first
payment under the proposed compromise agreement with the Loan Stock holder.

Our new financial year started on 1 February 2004. Although the Group has not
yet completed any deals, there are a number of small transactions in the
Nationwide League that may complete over the next few weeks, which will be an
improvement over the corresponding period of 2003. If the agreement with the
Loan Stock holder can be completed successfully, the Company's financial
position will be more secure than it has been for some time, giving the Board
cause to view the future with optimism.

For further enquiries contact:

Barry Gold
Chairman - Premier Management Holdings plc
tel: [phone]




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