INVESTOR RELATIONS

Corporate News

Trading Update

25 July 2007

STM Group Plc (AIM:STM), the cross border financial services provider, is pleased to announce an update on trading in respect of the period from its admission to trading on AIM on 28 March 2007 up to 30 June 2007.

The Directors are pleased to confirm that trading is in line with their expectations and that they are comfortable with the current market forecasts for the full year.  The Group’s divisions are reporting good results, with a healthy pipeline of new client instructions throughout.

STM expects to announce its maiden interim results to 30 June 2007 in mid-September 2007.  A further announcement of the date of these results will be made in due course.

On 9 June 2007, STM announced that it had acquired the Atlas Group (“Atlas”) for a maximum consideration of £0.65 million.  The Directors are pleased to announce that Atlas’s integration is progressing ahead of time and budget, with Atlas’s headquarters having already been transferred into the Gibraltar offices of STM’s current principal trading subsidiary, STM Fidecs, which should lead to material costs savings and benefits.

The Company is currently in detailed discussions to acquire further Corporate Trustee Service Providers (CTSPs), including those operating in new jurisdictions.  Acquisitions will only be made where they are expected to be earnings enhancing to the Group, and will benefit STM by expanding the STM brand and presence.

Commenting on the trading update, Tim Revill, Chief Executive Officer, said: “The market for CTSPs continues to see robust growth and we are extremely pleased with the progress that STM has made since we joined AIM in March this year.  With the successful acquisition of Atlas now under our belt, we will continue to progress with our stated intention to buy and build existing CTSPs. We already have a number of potential CTSPs to add to the STM brand and we are confident and excited about the future prospects for the Group.”


For further information, please contact:

STM Group PLC
Tim Revill, Chief Executive Tel: +44 (0) 20 7398 7702
Matt Wood, Non-executive director Tel: +44 (0) 7739 537 137
Daniel Stewart & Co. Plc
Lindsay Mair / Chloe Ponsonby Tel: +44 (0) 20 7776 6550

Media enquiries:

Abchurch
Henry Harrison-Topham Tel: +44 (0) 20 7398 7702
[email protected] www.abchurch-group.com

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

UNITED KINGDOM

Options UK 
(part of STM Group Plc)
1st Floor Lakeside House
Shirwell Crescent
Furzton Lake
Milton Keynes
Buckinghamshire
MK4 1GA

UNITED KINGDOM

London & Colonial Services Limited
(part of STM Group Plc)
1st floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP
UK

GIBRALTAR

PO Box 575
Montagu Pavilion
8-10 Queensway
Gibraltar
GX11 1AA

MALTA

San Gwakkin Building
Level 1
Triq is-Salib tal-Imriehel
Zone 4
Central Business District
Birkirkara, CBD4020
Malta

SPAIN

Edif. Sotovila
Plaza Mayor
P.N. de Guadiaro
Sotogrande
Cadiz
11311
Spain

HEAD OFFICE

Suite 315
5 Chancery Lane
London,EC4A 1BL
UK

REGISTERED OFFICE

1st Floor,
Viking House,
St Paul’s Square, Ramsey,
Isle of Man,
IM8 1GB.

STM is a multi-jurisdictional financial services group listed on AIM, a market operated by the London Stock Exchange.
The Group specialises in the administration of client assets in relation to retirement, estate and succession planning and wealth structuring.

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STM Group companies are regulated where required in their host jurisdictions.

STM in the UK (London & Colonial and Options UK): Financial Conduct Authority - STM in Gibraltar: Gibraltar Financial Services Commission - STM in Malta: Malta Financial Services Authority - STM in Spain: Director General de Seguros, Fondos y Pensiones: STM Nummos, SL figura inscrita en el Registro Mercantil de Cádiz, Tomo 1612, Hoja 6697, Libro 0, Folio 14. CIF B-11301199.

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