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.

You could have mentioned these earlier, Dil. ;-)))

He did when they were 145p...

;-0

202p to buy kim :-)


At curent price , PE less than 7 and divi just under 7% ... still cheap as chips.

Agreed. ;-))

Still dithering, messing with PXS at the moment, it's been very tradable! Looks like it could go nuts again today. MUST make a decision here though! :o)

I've missed this rise so will watch for a pullback. Risk/reward too high for me now.

The 195/202 spread is a bit too much for me at the moment. L2 looks like it is beginning to get a bit twitchy though.

Yep , better to wait for a breakout from here Al then another easy 20% I reckon.

Bullish agm whenever that is may do the trick.

AGM is on 4th December Dil.

Ta kim ... 260p by xmas then :-)

Probably, I hope I've made my mind up by then!!

About time these woke up.

Dil - if you have sobered up after the weekend :-) Do you still follow these?
ex dividend 19th, yield 8.78%.

ISG delivers landmark luxury store for Louis Vuitton in Singapore

ISG AWARDED ADDITIONAL LONDON 2012 OLYMPIC OVERLAY WORKS

ISG has been successful in securing the remaining Construction Management contract for the Off-Park and Non-Competition Venues, including associated site works and infrastructure. This is in addition to having been awarded in July 2011 the On-Park construction works for the London 2012 Games by the London Organising Committee of the Olympic and Paralympic Games (LOCOG).

Given up on all small caps for time being just watching and waiting and picking up the odd "bargain" large cap (BT.A , BARC) for the SIPP on bad days.

If you had sobered up and answered my post 40 earlier, I may have bought - the yield (ex divi next Wednesday) was 8.86% at 170p. Good luck at the weekend BTW :-))

Won't need luck skinny .... France will :-)

Ex dividend tomorrow - 10p.