Interim Management Statement

CAMBIAN GROUP PLC

FIRST QUARTER 2014 INTERIM MANAGEMENT STATEMENT

Cambian Group plc ("Cambian"), one of the UK's largest specialist behavioural health service providers, reports its interim management statement for the period from 1 January 2014 to date.

Cambian, which completed its IPO in April 2014, is pleased to report that trading for Q1 2014 was in line with market expectations. Group turnover for the 3 months to 31 March 2014 was 8% higher than in the same period in 2013. Adjusted EBITDA* margin improved on prior year, reflecting anticipated operational leverage in the business.

In addition to the organic growth seen in the business, Cambian has strengthened its portfolio by agreeing in March to the acquisition of the New Elizabethan School and three MENCAP colleges. Each of these acquisitions complement our existing children's services well and offer the opportunity for future growth (note that the results for the first quarter do not include any contribution from these acquisitions). We continue to look for similar acquisition opportunities to complement our services.

We now have £200m of debt facilities, which include approximately £50m of undrawn facilities for organic growth and acquisition purposes.

Outlook

Demand for our services remains strong, and the quality of care and value for money Cambian provides continues to resonate with our customers. This, combined with the visibility we have in the business, allows us to be confident in our ability to deliver on our growth plan.

We believe that our trading will continue to strengthen in 2014, particularly in the second half, driven by the impact of acquisitions and the expected increases in occupancy.

Saleem Asaria, CEO, commented "Our vision is to be the highest quality provider of specialist behavioural health services to children and adults. Following our listing we are delighted to have the right capital structure to further develop the scope of our specialist services in the future."

* Adjusted EBITDA is defined as earnings before net finance costs, tax, depreciation, amortisation, exceptional items, and profit or loss on disposal of plant, property and equipment

Enquiries:

Cambian Group plc +44 (0) 20 8735 6150

Saleem Asaria, Chief Executive

Andrew Griffith, Chief Financial Officer

Tulchan Communications +44 (0) 20 7353 4200

Tom Buchanan

Lucy Legh

About Cambian Group plc:

The Cambian Group is one of the UK's largest specialist behavioural health service providers. Founded in 2004, it has grown to become a significant partner to the UK Government. The Group's services have a specific focus on children and adults who present high severity needs with challenging behaviours and complex care requirements. Cambian employs approximately 6,000 people across a UK-wide portfolio of 249 purpose-designed facilities, comprising 23 schools, 35 hospitals, 188 specialist homes and 3 fostering offices.