Interim Results

Triad Group PLC
6 December 2000

                                Triad Group Plc
           Interim Results for the half year to 30 September 2000


   IMPROVING UTILISATION IN CONSULTANCY AND SYSTEMS BUSINESS RESULTS IN 40%
                            PROFIT LEAP AT INTERIMS

Triad Group  Plc ('Triad'), the  information systems and  software consultancy
Group, announced today  its interim results for the  half year to 30 September
2000.

Main points:

*    Pre-tax profits up 40% to £1.27m (£0.9m)
*    Turnover increased to £25.00m (£24.25m)
*    Earnings per share up 38% to 3.38p (2.45p)
*    Improved utilisation rates in consultancy and systems business

John Rigg, Chairman, commented:

'The  40%  increase in profit compared with the equivalent  period  last  year
reflects  the  upturn I  first reported in my trading statement of  17  August
2000.   It  results  from improved utilisation rates in  our  consultancy  and
systems business.  I am confident that this upturn will be maintained and will
result in a strong outcome for the second half of the current financial year.

'We have continued our success in becoming established in substantial lines of
business  in,  among  others,  the financial services,  telecomms  and  travel
markets.  Further major new clients have recently been won.  Triad is well  on
the  way  to re-establishing its usual strongly profitable and cash generative
performance.'


For further information contact:

John Rigg, Chairman                Triad Group Plc     01483 860222
Mira Makar, Chief Executive        Triad Group Plc     01483 860222
Jonathan Shillington               City Profile        020 7726 8588



Chairman's statement

The  40% increase in profit  before tax for the six months ended 30  September
2000 compared with the equivalent period last year reflects the upturn I first
reported  in   my  trading  statement  of 17 August  2000.   It  results  from
improved  utilisation  rates in our consultancy and systems  business.   I  am
confident  that  this upturn will be maintained and will result  in  a  strong
outcome for the second half of the current financial year.

We  have continued our success in becoming established in substantial lines of
business  in,  among  others,  the financial services,  telecomms  and  travel
markets.  Further major new clients have recently been won.  Triad is well  on
the  way  to re-establishing its usual strongly profitable and cash generative
performance.

Our  staff turnover continues to be very low and I am delighted with  the  way
that  our  management  and  technical  staff  are  developing.   Our  rate  of
recruitment  of  new staff is increasing and we have enhanced  the  amount  of
resource  dedicated  to  recruitment.  Triad can now  demonstrate  outstanding
expertise, and the ability to handle large projects through all stages of  the
development  cycle,  in leading edge technologies.  These  include  Enterprise
Java Beans, and leading products within the systems integration and middleware
fields which are essential for the provision of e-business solutions for large
and established organisations.

Our  resourcing  and contracting business has held up well  in  the  difficult
period  for  the  sector  which has followed the  millennium,  and  which  has
persisted longer than was generally expected.  OnlineITcontractors.com,  which
will  be  renamed  as 'generic-online' at the end of January  2001,  has  been
integrated into the division's mainstream business and has already proved  its
worth  by  contributing several major new clients.  There are now  encouraging
signs of longer term contracts and a more stable business environment.

I  would like to thank our staff who have shown dedication and loyalty through
the recent industry vicissitudes.

6th December 2000

John Rigg
Chairman
Triad Group Plc



Profit and loss account


                                                    
                             Unaudited       Unaudited        Audited
                            Six months      six months           year
                                 ended           ended          ended
                          30 September    30 September       31 March
                                  2000            2000           1999
                                            
                                 £'000           £'000          £'000
                            ----------      ----------     ----------         
                                                            
Turnover                        25,003          24,253         48,366 
                                         
                            ----------      ----------     ----------
Operating profit                 1,155             717          1,580
                                      
Net interest                       110             186            325
                            ----------      ----------     ----------
Profit on ordinary 
 activities before               1,265             903          1,905         
 taxation
                                                    
Taxation on profit on                                       
 ordinary activities             (403)           (280)          (604)
                            ----------      ----------     ----------         

Profit for period                  862             623          1,301

Dividends                          (-)             (-)            (-)         
                            ----------      ----------     ----------
Retained profits for                                  
period                             862             623          1,301
                            __________      __________     __________         
Earnings per ordinary                                  
share                            3.38p           2.45p          5.11p
                            __________      __________     __________         
Diluted earnings per                                   
ordinary share                   3.36p           2.43p          5.06p
                            __________      __________     __________         
                  
Dividend per share               0.00p           0.00p          0.00p         
                            __________      __________     __________         

Balance sheet

                                                      
                             Unaudited       Unaudited        Audited
                          30 September    30 September       31 March 
                                  2000            1999           2000
                                                       
                                 £'000           £'000          £'000
                            ----------      ----------     ----------         
                                              
                                                                 
                                                       
Fixed assets                                                     
                                                       
Tangible assets                  1,965           2,119          2,183
                            ----------      ----------     ----------         
Current assets                                                   
                
Work in progress                    16               8              -

Debtors                         13,901           9,745         11,443
                                        
Cash at bank and in              3,579           7,505          4,725
 hand
                            ----------      ----------     ----------
                                17,496          17,258         16,168
Creditors: amounts                                               
 falling due    
 within one year               (5,699)         (7,156)        (5,559)
                            ----------      ----------     ----------

Net current assets              11,797          10,102         10,609
                            ----------      ----------     ----------
Total assets less   
 current liabilities            13,762          12,221         12,792
                                                       
Creditors: amounts                                               
 falling due after 
 more than one year              (113)           (112)              -
                            ----------      ----------     ----------

Net assets                      13,649          12,109         12,792
                            ----------      ----------     ----------


                                                               
Capital and reserves                                             
                                                   
Called up share                    255             255            255
 capital

Share premium account              533             529            533
                                                     
Profit and loss
account                         12,861          11,325         12,004

                            ----------      ----------     ----------
Equity shareholders'            13,649          12,109         12,792
 funds
                            ----------      ----------     ----------         
                                             

Cash flow statement
                             Unaudited       Unaudited        Audited
                            Six months      six months           year
                                 ended           ended          ended
                          30 September    30 September       31 March
                                  2000            2000           1999
                                            
                                 £'000           £'000          £'000
                            ----------      ----------     ----------         
Net cash (outflow)/inflows                                       
from operating activities      (1,007)             545            667
                            ----------      ----------     ---------- 
Returns on investments and                                    
 servicing of finance
                 
Interest received                  121             188            330
                                                      
Interest paid                     (11)             (2)            (5)
                            ----------      ----------     ----------         
                                   110             186            325
                            ----------      ----------     ---------- 
                                                      
Taxation                          (39)           (189)        (2,850)
                            ----------      ----------     ---------- 
Capital expenditure and
 financial investment
                                                      
Purchase of tangible assets      (367)           (600)        (1,218)
                                                      
Sale of tangible fixed
 assets                             71              48            131
                            ----------      ----------     ----------         
                                 (296)           (552)        (1,087)
                            __________      __________     __________
                                                      
Equity dividends paid              (-)           (764)          (764)
                            ----------      ----------     ----------
Cash (outflow)/inflow                                   
 before financing              (1,232)           (774)        (3,709)

                            ----------      ----------     ----------
Financing                                                     
                                                     
Proceeds from issue of
ordinary share capital               -               -              4
                            ----------      ----------     ----------
                                                               
(Decrease)/increase in  cash                         
in the period                  (1,232)           (774)        (3,705)
                            __________      __________     __________


Reconciliation  of  operating  profit  to  net  cash  inflow  from   operating
activities

                                                       
                             Unaudited       Unaudited        Audited
                            Six months      six months           year
                                 ended           ended          ended
                          30 September    30 September       31 March
                                  2000            2000           1999
                                            
                                 £'000           £'000          £'000
                            ----------      ----------     ----------

Operating profit                 1,155             717          1,580
 
Depreciation of tangible
 fixed assets                      524             465            945

Profit on sale of fixed
 assets                           (10)            (13)           (22) 

Movement in work in
 progress                         (16)             (7)              1         
 
                    
Movement in debtors            (2,458)           (224)        (2,027)

                     
Movement in creditors            (202)           (393)            190
                            ----------      ----------     ----------
                     
Net cash (outflow)/inflow      (1,007)             545            667
 from operating activities
                            ----------      ----------     ----------         



Notes to the accounts

1.  The  information contained in this interim statement does  not  constitute
statutory  accounts  within the meaning of section 240 (3)  of  the  Companies
Act  1985.  The  financial information set out above  and  overleaf  has  been
neither  audited  nor  reviewed: it has been prepared in accordance  with  the
accounting policies set out in the statutory accounts of Triad Group  Plc  for
the  year ended 31 March 2000, and has been approved by the Board of Directors
on 5 December 2000.


2. There are no recognised gains or losses other than those recorded above.


3. Taxation has been provided at 30% (1999/2000: 30%)


4. No interim dividend has been declared (1999/2000: 0.00p).


5.  The  calculation of earnings per share is based on the profit on  ordinary
activities  after  taxation,  namely £862,000  (1999/2000:  £623,000)  and  on
25,469,765   (1999/2000:  25,467,580)  ordinary  shares,  being  the  weighted
average number of ordinary shares in issue during the year.

The  calculation  of  diluted earnings per share is based  on  the  profit  on
ordinary activities after taxation, namely £862,000  (1999/2000: £623,000) and
on  25,661,260  (1999/2000:  25,630,230) ordinary  shares,  which  takes  into
account dilutive outstanding share options.


6.  Copies  of  the  interim results are being sent to  shareholders.  Further
copies  can be obtained from the company secretary at Weyside Park, Catteshall
Lane, Godalming, Surrey, GU7 1XE.