Trading Update from Dillistone Group Plc

The Board of Dillistone Group Plc (“Dillistone” or the “Group”), the AIM quoted supplier of software for the international recruitment industry through its Dillistone Systems and Voyager Software divisions, is pleased to provide a trading update for the 12 months ended 31 December 2015.

We are pleased to confirm that pre-tax profits before acquisition related items are expected to be in line with market expectations. The Group is expecting to report an increase in revenue approaching 10%, with both divisions delivering organic growth. Product development has continued to be a priority throughout 2015 with a number of upgrades and new product launches successfully achieved and more expected in 2016.

The Group has enjoyed a promising start to the year with new business order levels in January up on those seen in the previous two years in both divisions. In addition, the Group has a strong prospect pipeline.

As a result, the Board is optimistic about making further progress in 2016. However it is also mindful of wider economic influences and their potential to impact on the performance of the business. The Group remains profitable and cash generative and continues to follow a progressive dividend policy, subject to the needs of the business.

Dillistone expects to announce its preliminary results for the year to 31 December 2015 in the week beginning 25 April 2016.