News

ILX Group PLC

15 January 2007

Trading Update

ILX Group plc ('ILX Group'), the AIM quoted vocational education and training company, made the following statement regarding third quarter trading:

“We are pleased to report that trading in the third quarter has been encouraging and that the integration of Corporate Training Group, acquired in July 2006, has gone extremely well. The Board remains confident in meeting market expectations for the year ending 31 March 2007.

Over the last three months we have sold training products and services across the Group to approximately 700 customers including the Danish Defence, Hilton International, Cable & Wireless, Anite Public Sector, MOD, Barclays Capital, Citigroup, HSBC, NM Rothchild, Credit Suisse, and Home Office plus many other private sector and public sector organisations.

Ken Scott, Chief Executive said, “The benefits of Corporate Training Group continue to be felt as the market for investment banking training remains buoyant. Opportunities are now in place for CTG with training booked in the Far East and in India for 2008. We are currently examining ways of further exploiting these exciting new markets. Overall, we are pleased with our progress to date and with the final quarter of the year yet to come, traditionally the highlight for the Best Practice Division, we remain confident that our year end will be in line with expectations.”

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