Previous Result Presentations

HIGHLIGHTS

• Group revenue £100.3m, £95.4m excluding AEA (31 December 2011: £92.2m)
• Strong closing order book at £136m, £111m excluding AEA (30 June 2012: £107m)
• Underlying* profit before tax up 16% at £7.3m (31 December 2011: £6.3m)
• Underlying* basic earnings per share up 10% to 11.6p (31 December 2011: 10.5p)
• Strong operating cash inflow, post acquisition net debt £2.7m (30 June 2012: net funds £7.9m)
• Interim dividend up 8% to 4.0p per share (31 December 2011: 3.7p)
• Strong trading performance from the UK, trading in Germany remains challenging
• Integration of AEA progressing to plan, earnings enhancing since acquisition

* Excluding specific adjusting items of £1.4m comprising amortisation of acquired intangible assets and acquisition costs