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Axon Group PLC Trading Statement 19/10/2006


Axon Group plc, a leader in the delivery of Business Transformation programmes for large organisations that use SAP as their strategic platform, today announced that the Group's result* for the year ending 31 December 2006 will exceed current market expectations.

Mark Hunter, Chairman and CEO, commented:

"We continue to make excellent progress towards becoming the leading independent global provider of SAP-enabled Business Transformation services. Despite significant investment in our US operations, we have maintained the positive momentum that we reported at our Interim results in September 2006, and we anticipate that our full year result* will be at least 10% ahead of current market expectations."

* Profit before tax excluding amortisation of intangible assets on acquisition, share-based payments, restructuring and exceptional costs.

For further information please contact:

Mark Hunter
Axon Group plc
Chairman and Chief Executive
01784 480 800

Geoff Callow/Chris Hamilton
Bell Pottinger
020 7861 3232

About Axon:

Axon is a Business Transformation consultancy that designs, implements and supports solutions to complex business issues faced by multinational organisations that have chosen SAP as their strategic enterprise platform.

Axon has over 1,000 experienced professionals specialising in the delivery of change through technology enabled transformation programmes. Axon's consultants bring in-depth industry expertise alongside best practice functional knowledge to address the strategic, operational, information management and organisation effectiveness challenges faced by organisations today. Axon is renowned for its ability to help clients define more ambitious strategies, build more effective organisations and shape more successful futures.

Founded in 1994, today Axon has offices in the United Kingdom, United States, Malaysia and Australia.


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