30th June 2009

Interior Services Group PLC

Pre Close Trading Statement

The Board of ISG is pleased to announce that trading for the year ended 30 June 2009 has remained in line with the Board's expectations.

The Board is pleased to note that the success of the group's diversification strategy has ensured that the decline anticipated in London fit out and refurbishment has been offset by stronger trading in our Retail and Regional businesses which has been driven by our frameworks with banks and food retailers and by public sector work.

The group's strategy remains to position itself towards more resilient regions and sectors and where a decline in activity is anticipated, to ensure the group's resource base remains in line.

As previously noted, some of our clients, particularly those operating across several countries, have become more cautious in the wake of Lehman's collapse. Consequently, there have been a few cancellations and some delay to certain projects particularly affecting our European operations. Elsewhere overseas, particularly in China, we are experiencing good levels of activity and continue to establish and position ourselves to win projects in growing markets of which Abu Dhabi is an excellent recent example. Since March 2009 we have started to see corporate clients becoming more confident and both enquiry levels and proposals intake have started to improve for our overseas activities.

At the interim stage we reported that the order book would reduce as the longer lead time UK fit out, new build and refurbishment projects in the UK are replaced with higher margin, negotiated work across our Retail business and in Europe and Asia. The current order book stands above �800m, of which �680m relates to the financial year ending 30 June 2010. ISG's balance sheet remains sound and we expect to finish the year with a strong cash position.

The preliminary results will be announced on 8 September 2009.

ISG Awarded £52 Million Former BBC World Service HQ Refurbishment

ISG has been awarded a circa £52 million project by Japanese owner Kato Kagaku Co. Ltd to substantially refurbish the iconic former home of the BBC World Service - Bush House in central London. One of the largest commercial office refurbishment schemes to be awarded in 2013, the completed development of over 300,000 sq. ft. of lettable high specification Cat A space across four buildings on site, will be renamed the Aldwych Quarter.

12 month+ high @167p.

12 month+ high @173.50p.

One of an elite few today.

Acquisition and Placing

Acquisition

· ACE, which was established in 1990, provides office fit out and refurbishment services in Brazil's two largest cities of Sao Paulo and Rio de Janeiro.
· ACE provides services to both local clients (60% of its activities) as well as international clients. ACE employs around 115 staff and, in the year ended 31 December 2012, it reported revenue of £10m and profit before tax of £1.1m.
· The Acquisition is consistent with ISG's stated strategy and will enhance the Group's offering by:
- expanding ISG's international presence into a developing economy with excellent long-term growth prospects;
- providing opportunities to market to ISG's existing international client base; and
- providing opportunities to assist ACE expand into new sectors in which the Group has expertise.
· Under the terms of the Acquisition, ISG will purchase an initial 20% minority interest in ACE for £1.9m (satisfied by £1.7m cash and £0.2m shares in ISG), and will have a circa twelve month option to acquire the remaining 80% of shares in ACE for a maximum consideration of £12.7m, payable over four years.
· The Acquisition is conditional only upon completion of the Placing.

Placing

· Gross proceeds of £7.75m (approximately £7.35m net of expenses) through a placing of new ordinary shares of 1 pence each in the capital of ISG at a price of 155 pence per new ordinary share.
· The Placing Shares will represent approximately 13% of the Enlarged Issued Share Capital.
· The Placing has been fully underwritten by Numis.
· It is expected that admission of the Placing Shares to AIM will become effective, and dealings in the Placing Shares will commence on AIM, on 26 June 2013.
· The proceeds of the Placing will fund the cash element of the ACE consideration due up to March 2015 of circa £4m (assuming exercise of the option), as well as the payments due under a number of bolt-on acquisitions and related costs.

ISG secures Nordic data center scheme

ISG has been appointed as lead contractor on a second Nordic data center project, also for a global technology company, with a value of circa €150m (approx. £127m). Incorporating the very latest cooling technology, the data center is expected to be the most sustainable and energy efficient facility of its type in the world. Over a six-month period, ISG has now secured around €300m (approx. £254m) of data center project wins in the Nordic region.

Directors Shareholdings

Regional Construction Projects

ISG secures circa £100m Regional Construction Projects

Over the past two months, ISG's regional construction business has signed up projects with a combined value circa £100m.

The company is the sole appointee to a £22m capital build framework with Cleveland Fire Authority encompassing the construction of four new local fire stations and a new headquarters for the Fire Authority in Hartlepool.

In South Yorkshire, ISG is constructing a new 110,000 sq ft Tesco Extra store in a circa £19m town centre regeneration project in Rotherham. ISG is also delivering a new retail and leisure destination in Swindon, with the £16.5m construction contract to build the new Regent Circus outlet, which incorporates a six-screen Cineworld Cinema, a 50,000 sq ft Morrisons supermarket and eight restaurant units. In London, ISG has secured a circa £9m commercial office scheme for Amsprop Investments, extensively remodelling and fitting out the octagonal No. 5 Cheapside building, which overlooks St Paul's Cathedral.

Additionally, in Portsmouth, ISG is underway with a £16m redevelopment of the New Theatre Royal - significantly increasing capacity and providing new learning facilities for University of Portsmouth students. The influential North West Construction Hub (NWCH) public sector framework continues to generate a strong pipeline of opportunities, with ISG taking over £7m of projects in Lancashire alone, including a 'Youth Zone' centre in Burnley and an extension at Westgate Primary School in Morecambe.

Acquisition

Acquisition of 90% of the share capital of German office fit out company Tecton Engineering GmbH.

Trying 190p

2+ year high today @205p.

Final Results

Group Highlights

· Increased margins and profit despite difficult market conditions
· UK Fit Out and Engineering Services and UK Retail both strengthened their market-leading positions
· Established ISG's international reputation for the delivery of data centers
· Overseas businesses performing well with increased repeat work from blue-chip multinationals
· UK Construction has delivered an improvement in margin and profit in an ongoing competitive environment
· Order book ahead by 12% at £854m (2012: £760m) of which 20% is overseas
· Net cash balance of £36.1m at 30 June 2013 (2012: £25.4m)
· Successfully raised net proceeds of £7.4m to fund acquisitions, attracting a number of new institutional shareholders
· Entering of new markets and strengthening existing presence through the acquisition post year end of a minority stake in ACE in Brazil and the acquisition of Tecton in Germany
· Total full year dividend maintained at 9.00p per share (2012: 9.00p)

I've just reduced here for +£1.

Still on the up - over due a broker note!

Near 6 year high @260p

Getting nervous skinny? Itchy finger syndrome? ;o)

I sold some in mid September and its rocketed ever since!

Ex dividend 25th.

30 October 2013

ISG plc

ISG Announces GBP20 Million London Construction Project

ISG has secured a major London construction project from a repeat client, taking a GBP20 million scheme with specialist award-winning luxury residential developer, Amazon Property, to restore three buildings in London's famous Nash Terrace into exclusive residential dwellings.

Additionally, ISG has been re-appointed to the influential GBP1 billion Construction Framework South West. The framework will deliver a comprehensive range of public sector projects across the south west region, including schemes valued in excess of GBP30 million.

Up trend back on?

New high @292.50p