Trading Statement

RNS Number:3061Z
Asfare Group plc
06 March 2006


Press Release                                              6th March 2006
                                Asfare Group plc

                           ("Asfare" or "the Group")

                                 Trading Update



Asfare, the specialist supplier of products and services for the emergency
services and homeland security market, today announces a trading update.



The Group has seen a return to profitability in the second half of the year
which will lead to a significant improvement in profitability for the full year
to 31 March 2006 against 2005.  This recovery is being driven by an increase in
orders from a number of Asfare's customers and a clarification of the fire
industry's procurement policy as foreshadowed by the Board on 28th November
2005.



Todd Research, which was acquired in November 2005 for a cash consideration of
#1.65m has been successfully integrated into the Group and has been profitable
since acquisition.



Asfare is pleased to announce the appointment of Chris Awcock as Managing
Director of Todd Research from 20 March 2006.  Chris Awcock is aged 43 and was
previously employed at Pitney Bowes for ten years, latterly as Sales and
Marketing Director between 1998 and 2000.  Prior to joining Asfare he was the
owner and Managing Director of Call Performance Ltd, a sales agency specialising
in the sale of office related hardware, software and services.



The Board continue to review a number of potential further acquisitions within
the homeland security markets.



The Group expects to announce its results for the year to 31 March 2006 on the
25th May 2006. The board also expects to recommend the payment of a dividend for
the year to March 2006."





For further information, please contact:

Enquiries:
Asfare Group plc                                 www.asfare.com
Tony O'Neill, Chief Executive
Tim O'Connor, Finance Director                   Tel: [phone]

Seymour Pierce
Mark Percy                                       Tel: [phone]



Media enquiries:
Abchurch Communications
Ariane Comstive/Julian Bosdet                    Tel: [phone]
[e-mail]

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