Final Results

Triad Group PLC
28 June 2000


             Preliminary results for the year ended 31 March 2000

Chairman's statement

Financial results

Turnover   for  the  year  ended  31  March  2000  is  £48.4  million   (1999:
£49.3million), and pre tax profit is £1.9 million (1999: £8.6million).

Earnings per share are 5.11p (1999: 23.23p).

Cash balances at the year end of £4.7m remain very strong.

Dividend

The  board  recommend that no final dividend be paid: no interim  payment  was
made (1999: total dividend 6p).

Review of current activities and prospects

Market  conditions  continue to be uncertain. Across the business  consultancy
and  systems integration markets we have seen numbers of large projects making
delayed  or  fitful starts. The millennium effect has, as  I  foresaw  at  the
interim results stage, taken much longer to fade than initially expected.  The
main boards of many large companies are understandably thinking very carefully
about  how  they should handle the e-commerce revolution. They want  to  avoid
being swept along too quickly by the sort of exaggerated trends which in  some
cases  have been generated by ERP, Year 2000 and the dot.com phenomenon. Triad
is  heavily involved in an already substantial and growing number of pilot and
proving  exercises which are expected to lead shortly to major  project  work,
much  of  it e-commerce related. The precise timing is still subject  to  some
uncertainty, although my confidence in a relatively early take off is  growing
steadily.

Triad's business is extremely well focused in the areas where long term  value
added services are provided  to substantial and established companies. We have
taken the opportunity of the quiet period over the last 12 months to make very
heavy  investments  of  time  and  money in consolidating  and  deepening  our
skillbase  in  a wide range of forward looking technologies and  markets.  Our
work  force  is highly skilled in the provision of fully integrated e-commerce
systems. Most of our work is mission critical to our clients in enabling  them
to  keep  abreast  of rapidly changing demands in their own market  places.  I
believe  the  time  is approaching when this kind of work  will  reaffirm  its
attraction  compared  with  the huge volumes of  outsourced  support  business
transacted over the last few years.

The  resourcing  and  contracting business has held  up  very  well  during  a
difficult  period.  Our  web venture, onlineITcontractors.com,  has  developed
strongly since its launch 6 months ago and now has over 450 registered clients
and 7000 registered contractors.

Employees

We have continued to recruit and train staff consistently since my last report
and  are now intensifying our effort. Staff turnover continues to be very low.
The recent low utilisation of employed professional staff, which is the reason
for  the  decline in profits will reverse very quickly once the major projects
are established.

On  behalf  of  the  board I would like to thank all our employees  for  their
energy and dedication throughout the year.

John Rigg
Chairman
28 June 2000



Profit and loss account
for the year ended 31 March 2000

                                                      Unaudited       Audited
                                                           2000          1999
                                                          £'000         £'000
                                                          
Turnover                                                 48,366        49,306
Cost of sales                                           (40,806)      (35,452)
                                                         ______        ______
Gross profit                                              7,560        13,854
Administrative expenses                                  (5,980)       (5,589)
                                                         ______        ______
                                                          
Operating profit                                          1,580         8,265
                                                          
Interest receivable                                         330           365
Interest payable                                             (5)           (1)
                                                         ______        ______
Profit on ordinary activities                                    
 before taxation                                          1,905         8,629
                                                         
Taxation on profit on      
 ordinary activities                                       (604)       (2,780)
                                                         ______        ______
Profit for the financial year                             1,301         5,849
Dividends                                                    (-)       (1,519)
                                                         ______        ______
Retained profit for the 
 financial year                                           1,301         4,330
                                                      ---------     ---------
Earnings per ordinary share                                5.11p        23.23p
Diluted earnings per 
 ordinary share                                            5.06p        22.74p
                                                      ---------     ---------
Dividends per share                                        0.00p         6.00p
                                                      ---------     ---------


The above figures relate entirely to continuing operations.

The profit on ordinary activities before taxation and the retained profit,  as
stated  above,  are  prepared on a historical cost  basis,  and  therefore  no
reconciliation to historical cost profit is required.

There are no recognised gains or losses except for the  profit for the year as
stated above, and therefore no separate statement of total recognised gains or
losses has been prepared.



Balance sheet
at 31 March 2000

                                                      Unaudited       Audited
                                                           2000          1999
                                                          £'000         £'000
                                                           
Fixed assets                                               
Tangible assets                                           2,183         2,019
                                                         ______        ______
Current assets                                             
Work in progress                                              -             1
Debtors                                                  11,443         9,415
Cash at bank and in hand                                  4,725         8,365 
                                                         ______        ______
                                                         16,168        17,781
                                             
Creditors:  amounts                                        
falling due within one year                              (5,559)       (8,313)
                                                         ______         _____
Net current assets                                       10,609         9,468
                                                         ______        ______
Net assets                                               12,792        11,487
                                                      ---------     ---------
                                                         
Capital and reserves                                       
Called up share capital                                     255           255
Share premium account                                       533           529
Profit and loss account                                  12,004        10,703
                                                         ______        ______
Equity shareholders' funds                               12,792        11,487
                                                      ---------     ---------


Cash flow statement
for the year ended 31 March 2000

                                                      Unaudited       Audited
                                                           2000          1999
                                                          £'000         £'000
                                                           
Net cash inflow from operating activities                   667         7,651
                                                          _____         _____
Returns on investments and                            
 servicing of finance

Interest received                                           330           365
Interest paid                                                (5)           (1)
                                                         ______        ______
                                                            325           364
                                                         ______        ______
                                                           
Taxation                                                   
UK corporation tax paid                                  (2,850)       (2,211)
                                                         ______        ______
                                                           
Capital expenditure and
financial investment
                                                           
Purchase of tangible fixed assets                        (1,218)       (1,354)
Sale of tangible fixed assets                               131           164
                                                         ______        ______
                                                         (1,087)       (1,190)
                                                         ______        ______
                                                           
                                                           
Equity dividends paid                                      (764)       (1,762)
                                                         ______        ______
Cash (outflow) /inflow before financing                  (3,709)        2,852
                                                         ______        ______
Financing                                                  
                                                           
Proceeds from issue of ordinary share capital                 4           532
                                                         ______        ______
(Decrease)/ increase in net cash                         (3,705)        3,384
                                                      ---------     ---------



1.  The  financial information set out above does not constitute the company's
audited  statutory  accounts for the years ended 31 March 1999  or  2000.  The
financial information for 1999 is derived from the statutory accounts for 1999
which  have  been delivered to the registrar of companies. The  auditors  have
reported  on  the  1999  accounts; their report was unqualified  and  did  not
contain a statement under section 237(2) or (3) of the Companies Act 1985. The
statutory  accounts for 2000 will be finalised on the basis of  the  financial
information  presented by the directors in this preliminary  announcement  and
will be delivered to the registrar of companies following the company's annual
general meeting.

2.  The  financial information set out above has been prepared  in  accordance
with  Financial  Reporting  Standard Number  3.  All  items  above  relate  to
continuing operations.


3. Earnings per share

The  calculation of earnings per share on the net basis is based on the profit
on  ordinary  activities after taxation, namely £1,301,000 (1999:  £5,849,000)
and  on  25,468,183  (1999: 25,178,493) ordinary shares,  being  the  weighted
average number of ordinary shares in issue and ranking for dividend during the
year.

Fully  diluted earnings per share are calculated in accordance  with  FRS  14,
taking into account outstanding share options.

4.  The annual report and accounts will be sent to shareholders in due course.
Further  copies  will  be available from the company's  registered  office  at
Weyside Park, Catteshall Lane, Godalming, Surrey, GU7 1XE.

For further information, please contact:

Jonathan Shillington              City Profile Group             020-7726-8588