Claims People Group PLC
08 March 2005


THE CLAIMS PEOPLE GROUP PLC

PRELIMINARY RESULTS
YEAR ENDED 31 DECEMBER 2004

CHAIRMAN'S STATEMENT

Key Points

Turnover for the year has increased by 36% from 1.97m to 2.67m

Profit for the year has increased by 106% from 135,313 to 278,163

Earnings per share up by 75%

Integration and rationalisation of acquired business

Balance sheet strengthened

I am pleased to announce our results for the financial year ended 31 December
2004, which show further improvement in performance. Turnover has increased by
36% to 2.67 million (2003: 1.97 million) and profit after tax has been
improved to 278,163 (2003: 135,313).

Our strategy of providing claims handling, consultancy and website facilities to
the insurance industry continues to be well received, combined with our use of
leading edge technology with a unique web-based claims notification and
monitoring system.

Overall, we had a very busy year with a particularly buoyant summer period when
claims volumes were significantly higher than the corresponding period in 2003.
We continued to add to our client list and most significantly secured a two year
primary-adjuster contract with Rubicon Insurance Services. In addition to this,
2004 saw our first consultancy income stream for providing client support
services and we are confident that this could well become a more regular
contributor to our operating revenues.

Costs and cashflow continue to be monitored very carefully and additional margin
gains are achievable as our level of activity increases.

The current financial year, commencing 1 January, has seen increased volumes
from the flood conditions in that month and the receipt of a number of large
commercial claims that will enhance 2005 income.

We continue to invest in our IT infrastructure and since the year end completed
the latest phase of our claims system enhancement which was funded by an issue
of shares to The Innovation Group plc.

2004 was a year which saw a concentration on organic growth but we are seeking
to achieve further earnings enhancing acquisitions in 2005 and we are actively
pursuing opportunities in this regard.

Finally I wish to thank our loyal employees and our shareholders for their
support.

JOHN FRENCH
Chairman
8 March 2005

Enquiries:
John French, The Claims People plc
Tel: 07836 722482

Anyone else here still in this? Ticked up a fair but over the last 7/8 trading days just wondering if anyone had any idea why?

Still a long way for me to even break even, but narrowing my loss!