Breakout in progress and results due March 23rd.

Below is last months Trading Statement:

Iimia Investment Trading Statement


RNS Number:7904P
iimia Investment Grp
19 January 2007



iimia Investment Group plc

19 January 2007




Trading Statement - Year ended 31 December 2006

iimia Investment Group plc ('iimia' or the 'Group'), the AIM listed company
encompassing fund management, wealth management and corporate services,
announces its trading update prior to entering the closed period for its
preliminary results for the year ended 31 December 2006.

Overview

All parts of the Group traded profitably in the second half and the Group's pre-
exceptional profit before tax for the year ended 31 December 2006 is expected to
be significantly ahead of market expectations despite a tougher market
environment in the second half. Highlights include:

* Sale of Sinclair Henderson completed on 14 July 2006. Gross proceeds
amounted to #11.1m
* The iimia Funds again outperformed their benchmarks
* Funds under management and advice totalled #650m at 31 December 2006
* Additional cost cutting exercise implemented following Sinclair
Henderson sale
* Net cash in balance sheet of #17.2m


Trading update

Investment Services

iimia's OEICs were reclassified by the Investment Management Association into
sectors more accurately reflecting the investment management style of our team
giving us exposure in the Active, Balanced and Cautious Managed sectors. Our
performance within those sectors continues to impress, resulting in inflows into
the Group's OEICs.

In the year ended 31 December 2006, iimia Growth and Income Fund was ranked 19th
out of 134 and iimia Income Fund was ranked 3rd out of 85 funds (source:
Financial Express ). Funds under management and advice at 31 December 2006 have
increased to #650m.

Our Wealth Management business has enjoyed a very good second half. A high
proportion of our business is being derived from fee based private investors and
we benefited from increased activity surrounding Pensions A-Day.

Administration Services

Sinclair Henderson traded as part of the group up until 14 July 2006 when we
completed the sale of the business to Capita. The trading from this part of the
business will be accounted for as discontinued activity. The sale proceeds of
#11.1m comprised #10.5m of initial consideration and a further #0.6m in respect
of the net assets settlement.

This will result in the Group reporting a very substantial profit for the year.
As previously advised to shareholders, iimia has received confirmation from Her
Majesty's Revenue & Customs that the gain will not be a chargeable gain for
Corporation Tax purposes.

Corporate Finance

Intelli Corporate Finance has traded profitably and ahead of target, despite
quite tough conditions for fund raising in the closed-ended sector in the second
half of the year.

Cost Base

Following the sale of Sinclair Henderson, iimia is taking action to ensure that
its cost base reflects the reduced operating scale of the group, resulting in a
significant one-off cost. Whilst these restructuring costs are a direct
consequence of the sale of Sinclair Henderson, accounting standards require that
the provision for this is taken against continuing activities of the Group,
thereby depressing reported profits from continuing activities and reducing our
tax bill.




Outlook

iimia plans to make further progress in 2007 to deliver value to shareholders,
helped by its very strong balance sheet. We are now working on a capital
reconstruction that brings the possibility of paying a maiden dividend closer.
Looking ahead, the Board believes that the prospects for the Group as a whole
remain encouraging.

Notice of Full Year Results

We intend to issue our preliminary results for the year to 31 December 2006 on
23 March 2007.

Further information on iimia can be found at:

www.iimia.co.uk

Enquiries:

iimia

Michael Phillips Chief Executive 07973 141998

William Long Chairman 01392 475951

Broadgate

Roland Cross 020 7726 6111

Low volume, good to see however that they are paying a premium on the bid. No discount on the offer.

Advice is to buy now before the rise, once the price begins to move people will be chasing the price and the buy limit will be reduced IMHO.

No volume currently. Will rise in the lead upto results March 23rd.