Trading Update

RNS Number:3645N
Systems Union Group PLC
10 July 2003






10 July 2003



                            Systems Union Group plc

                                 Trading Update




Systems Union Group plc, the global software vendor, announces key trading
highlights ahead of its interim results for the half-year ended 30 June 2003:


  * EBITDA, PBT and EPS are ahead of the same period last year and are in line
    with market expectations although total revenue was 10 per cent lower

  * Profit margins have improved as the direct result of continuing cost
    reductions

  * Cash and investments increased by #3 million from the year-end to #28
    million

  * SunSystems' product offerings have been strengthened by a new alliance
    with MAPICS, a leading global supplier of manufacturing systems, and the
    extension of the existing analytics portfolio for pan-application reporting
    and analysis

  * Product enhancements at Pegasus underpinned a strong performance

  * Interim results for 2003 are due to be announced on 26 August 2003


Paul Coleman, chief executive officer of Systems Union Group plc, said:

"The Group remains cash generative and we anticipate improved profits for the
half year to be in line with expectations albeit on lower revenues. We continue
to pursue our stated acquisition policy as the IT sector consolidates to help us
fulfil the growth strategy for Systems Union."




For further information, please contact:
Paul Coleman       Systems Union Group plc            01252 556000
Robert Gibb        Systems Union Group plc            01252 556219/ 07767 216021
Trevor Bass        Fleet Financial                    020 7067 0743



                      This information is provided by RNS
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