PROFIT WARNING

RNS Number:6895L
Xpertise Group PLC
29 May 2003


Xpertise Group PLC (the "Company" or the "Group")


Trading Update


Further to the prelimary results announcement for the year ended 2 January 2003
released on 6 March 2003 in which we informed investors that conditions in the
UK market for IT training continued to be challenging, we wish to update
investors.


Market conditions remain difficult and we now expect sales for the year ending
31 December 2003 to be below expectations and accordingly we have already
implemented further reductions in the Group's cost base. Despite these cost
reductions, the Group will incur an operating loss before goodwill and
exceptionals in the current financial year. The combination of trading losses
and the cash impact of cost reduction measures means that the Company intends to
pursue a fundraising to provide adequate working capital and funding for the
business going forward.


The Directors remain confident that the market for IT training in the UK will
recover and in addition believe that measures already taken by the Company to
improve its sales into the larger Enterprise accounts, where it is already
having some early successes, leave it in a good position to take advantage of
that recovery.


Enquiries:


Bob Bradley, Xpertise Group PLC: 01865 557 768
Alex Clarkson, Brewin Dolphin Securities Ltd: 0161 214 5547




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

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