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GB Group PLC (GBG)

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Monday 14 April, 2008

GB Group PLC

Trading Update

GB Group PLC
14 April 2008



Embargoed until 07.00                                              14 April 2008

                                  GB GROUP PLC
                             ('GB' or the 'Group')

                                 TRADING UPDATE

GB Group plc, the UK's leading identity management business, announces a trading
update for the year ended 31 March 2008.

Overview

The Group has completed a year of good progress and expects to record
significant revenue growth in the second half of the financial year to
approximately £11.5 million (2007: £7.9 million), an increase of 45% compared to
the corresponding period last year. The Group's investment in infrastructure and
people, to continue the development of its electronic age and identity
verification business, has continued. The substantial uplift in revenue from
this business has more than offset these additional costs and the Group is
expected to generate profit before tax in the second half of the financial year
of approximately £0.6 million (2007: £0.6 million loss).

Results for the full year are expected to show revenue growth of approximately
30% to £19.4 million (2007: £14.9 million) and a significant narrowing of full
year loss (before tax and after the charge for share based payments of £0.2
million) to approximately £0.4 million (2007: £1.2 million loss).

Further highlights for the year to 31 March 2008 are as follows:


   • Growth during the year came principally from a strong performance in
    GB's DataAuthentication business which is expected to record an increase in
    revenue of approximately 58%. Revenue growth has come both from new clients
    which were signed during the year, including Blyk and Ladbrokes, and
    increased usage by existing clients.


   • GB's DataIntegrity and DataSolutions businesses are expected to generate
    an increase in revenues of approximately 16% compared to the previous year.
    Identity management and integration with DataAuthentication are becoming
    more important themes for these businesses.


   • Cash balances were £4.3 million at 31 March 2008 (2007: £5.2 million).


Outlook

The Group is seeing increasing evidence of a move from manual to electronic
methods of identity verification. Additionally, a new industry sector is
emerging that deals with how businesses verify and manage the identity of their
customers to minimise fraud and regulatory risk. GB has the capability to
continue its lead in this emerging sector and will invest accordingly to
maximise this opportunity over the long term.

The Group will provide further details of its trading performance at the time of
its preliminary results announcement, which is expected to be released in late
May 2008.

                                    - Ends -


GB Group plc                                                        01244 657333
Richard Law, Chief Executive
Mona Navin-Mealey, Finance Director

Weber Shandwick Financial                                          020 7067 0700
Ian Bailey
Rachel Martin
Hannah Marwood

Website                                                             www.gb.co.uk


Notes to Editors

About GB Group plc

GB Group believes that identity matters.  Specialising in understanding consumer
identity, GB enables its clients to make more informed business decisions and to
communicate and interact more effectively with its customers through a deeper
understanding of their identity and behaviour. Utilising its proprietary
technology, GB can protect, predict and provide information that is used to
maximise customer value for some of the UK's largest organisations.

GB offers solutions that assist organisations to capitalise on the value of
their customers at every point of contact.

GB has three complementary offerings:

   •Identity Capture and Maintenance (DataIntegrity) - providing accurate
    contact information
   •Identity Verification (DataAuthentication) - combating identity fraud,
    money laundering and under-age gambling
   •Identity Analysis (DataSolutions) - understanding, targeting and
    retaining profitable customers

GB is listed on the London Stock Exchange (GBG). For more information, please
visit GB Group's website: www.gb.co.uk.

GB Group - because identity mattersTM



                      This information is provided by RNS
            The company news service from the London Stock Exchange
                                                                                                                                                                    

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