CBG Group plc

Investor Relations

Highlights for the year ended 31 December 2008

49.9% increase in revenue to £11,148,000 (2007: £7,436,000)
21.2% increase in adjusted* EBITDA to £2,602,000 (2007: £2,146,000)
17.5% rise in adjusted* pre-tax profits to £2,246,000 (2007: £1,912,000)
7.2% increase in diluted adjusted* earnings per share to 11.00p (2007: 10.26p)
10.0% increase in final dividend proposed to 0.66p per share (2007: 0.6p)
Two acquisitions, Barclay Brown and EDN were completed in the year and fully integrated
Successfully raised £1.65m via oversubscribed placing at 120p; and
New head office with over 100 staff transferred to Southmoor House, Manchester resulting in significant cost savings and increased cross selling opportunities.

*Adjusted to add back exceptional operating expenses, amortisation, negative goodwill credited and share option charges.

Laurie Turnbull, Chairman said:
We are pleased to announce another set of very impressive results, especially in the current economic climate. CBG has, for the past six years, demonstrated continual growth organically and through acquisition. Last year we successfully completed two acquisitions in the North West and we are continuing to look for further opportunities.

We have a solid business model of organic growth augmenting a selective acquisition program. This enables us to deliver a complete service to our clients including insurance broking, financial services and healthcare. Our management teams are dedicated to enhancing shareholder and customer value. Having invested in infrastructure and technology we are now in a solid position to take the business forward across the Group and delivered another year of excellent results.

Summary of the results for the year ended to 31 December 2008

	31/12/2008 £’000	31/12/07 £’000	% Increase/ (decrease)

Revenue	11,148	7,436	50%

Adjusted operating profit*	2,428	2,016	20%

Profit before tax	1,093	1,610	(32%)

Adjusted profit before tax*	2,246	1,912	17%

Earnings per share – diluted (pence)	4.24	9.31	(54%)

Adjusted earnings per share - diluted (pence)*	11.00	10.26	7%
* Adjusted to add back exceptional operating expenses and, amortisation, negative goodwill credited and share option charges