Trading Statement

RNS Number:9834T
Rok property solutions PLC
08 January 2004

Date:                           8 January 2004

On behalf of:                   Rok property solutions plc

Embargoed until:                0700hrs



Rok property solutions plc

TRADING UPDATE



Rok property solutions plc ("Rok" or "the Company"), the UK's fast growing
property solutions service provider, will be meeting with analysts and
institutional investors on 8 January 2004 to provide an update on trading and
market conditions following the Company's year end on 31 December 2003 and will
announce the following:


The Board is delighted to confirm that the strong performance evident in the
first half of the year continued into the second half and is confident that
pre-tax profits for the full year will meet market expectations.



The second half of the year has seen a continuation of the vigorous growth from
Rok building activities with like for like revenue and profit growth of over 20%
and a maiden full year contribution from the Llewellyn Group. As such, the Group
expects to announce record results from its 'build' division.



The Group continues to focus on higher margin, low risk, building projects for
which demand, in local markets, remains firm. Further momentum for Rok's product
offering across the UK is expected from a strong construction order book for
2004. Integration of new offices acquired from Ballast plc, from which Rok has
already recovered the initial cash outlay, should also enhance 2004 EPS
performance.



Rokeagle, the 'develop' division, has experienced a successful second half with
a number of major disposals completed. Over 90% of the surplus properties within
the Llewellyn acquisition have now been realised. Rokeagle continues to pre-let
and / or pre-fund the vast majority of its developments ensuring significant
visibility of revenue and profits for the year ahead and the 'develop' division
pipeline stands at its strongest level to date.



The growth at Rokforce, the 'maintain' division, has been restrained by the good
weather that conversely benefited the 'build' division. The division has been
reorganised during 2003 to interact more closely with the 'build' division,
which resulted in 30 job losses in the Glasgow call and administration center as
roles were devolved.  Rokforce recently signed a major new contract with Royal
and Sun Alliance, which is expected to contribute significantly in 2004.



Commenting, Garvis Snook, Chief Executive of Rok property solutions plc, said:



"2003 will be our third year of profitable growth since the refocusing of the
Company in 2000. Our proven strategy of successfully rationalising and
integrating acquisitions whilst delivering strong organic growth via a low risk
approach to provide Develop, Build and Maintain services in local markets, is
again set to deliver strong results."



                                     



Enquiries to:

Emma Kane/Nick Lambert         Tel:  [phone]
Redleaf Communications Ltd     Mob:  [phone]



*        Garvis Snook, Chief Executive of Rok property solutions plc, and
Ashley Martin, Finance Director, may be contacted via Redleaf on 8th January
2004 on the numbers shown above.


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