AGM Statement

RNS Number:8733S
Ultimate Finance Group PLC
19 October 2005


                            Ultimate Finance Group plc

19 October 2005

                        Result of Annual General Meeting

Ultimate Finance Group plc ("the Group") provides recourse factoring, invoice 
discounting and confidential invoice discounting.

At the Annual General Meeting held today all resolutions were unanimously passed
on a show of hands.

Commenting on the current trading performance for the Group the Chairman made
the following statement:

"I am pleased to report to shareholders that trading in the current financial
year 2005/06 to date is in line with expectations and we continue to make
extremely good progress.

Enquiries from prospective new clients have been strong and we believe that we
have a growing share of the UK invoice finance market.

Investment has continued in all areas of the business, management are planning
for the future and the board looks forward to it with confidence."

Enquiries:

Brian Sumner, Chief Executive Ultimate Finance Group plc      0870 872 1010 
                                                              07976 406474

Shane Dolan Biddicks                                          020 7448 1000



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

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