I am delighted to be making my annual report to shareholders, and it is pleasing to announce significant progress once again for the Group. The strategy of build, invest and grow has contributed an excellent result, with our team having delivered a creditable performance in 2007.

The Group has delivered positive organic revenue growth of approximately 8%, exceptional in current market conditions, which has contributed to a strong growth in revenue from continuing operations of 22%. When added to the part year benefit of the acquisitions we made in the final months of the year this brought a year on year increase in turnover of 44.3%. This has enabled us to increase our operating profit before amortisation, exceptional operating expenses and share option charges by 52.2% to £2.016m, with our diluted adjusted earnings per share increasing by 32%.