AGM Statement

28 Jul 2006 10:30

Tribal Group PLC28 July 2006 Tribal Group plc 2006 AGM statement and announcement of preferred bidder statuson NHS diagnostic contract At the Annual General Meeting of Tribal Group plc (the "Group") to be held at10.30 am today, Tribal will provide the following update: "The Group is pleased to announce that its healthcare delivery business, MercuryHealth, has been appointed as preferred bidder to deliver a range of diagnosticservices to NHS patients in the West Midlands. Under the contract, MercuryHealth will be undertaking up to 190,000 diagnostic procedures annually for afive year period. The contract is one of seven regional diagnostic contracts to be awarded as part of the Phase 2 Independent Sector Treatment Centreprogramme. Financial close is expected to be reached by the end of the year and service delivery is due to commence during the first half of 2007 As anticipated in our preliminary statement on 20 June 2006, the weighting oftrading towards the second half of the year will be even more pronounced thisyear with first half profits and earnings expected to be below last year. The board remains confident about the Group's prospects." For further information please contact: Tribal Group plc - 01285 886020Henry Pitman, Chief ExecutivePeter Martin, Chief Executive, Mercury HealthSimon Lawton, Group Finance Director The Maitland Consultancy - 020 7379 5151Colin Browne Editors' note: Tribal Group plc provides a range of consultancy and support services to the UKpublic sector and healthcare services for the NHS. The Group's core markets arein education; local government, housing and regeneration; health and social care; and central government. The group employs 2,300 staff in the UK. Tribal is quoted on the London Stock Exchange (TRB.L). Links: Tribal Group plc website: www.tribalgroup.co.uk This information is provided by RNS The company news service from the London Stock Exchange