Q3 Trading Update

For Release at 07.00

Tuesday, 19 October 2010

STATPRO GROUP PLC

("StatPro", "the Company" or "the Group")

Q3 Trading Update

StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, today provides a trading update for the nine months ended 30 September 2010.

Highlights

·; Trading in Q3 in line with management's expectations

·; Continued strong progress with key product offerings:

o Signing of new clients onto StatPro Seven

o StatPro Revolution selected by major global custodian bank

Trading in the three months to September 2010 was in line with management's expectations and the Board remains confident of a successful outcome for the year as a whole.

We continue to make good progress in the development of StatPro Seven and StatPro Revolution, and Phase II of the public beta of StatPro Revolution was released on 4 October 2010.

SaaS technologies are transforming whole sectors across the business world and portfolio analytics is no exception. With StatPro Revolution, StatPro is the first business to offer a genuine SaaS solution that integrates data and software as a service for portfolio analysis, the key objective of which is to offer an outstanding and equal service to fund managers of all sizes at affordable prices. It is an open platform with a toolkit for integration with third party solutions.

Following a successful feasibility study, a global custodian bank has now contracted to integrate its client data with StatPro Revolution. The custodian aims to offer all its clients easy access to the most sophisticated portfolio analysis and reporting using StatPro Revolution.

Justin Wheatley, CEO of StatPro Group plc commented, "Trading in Q3 was in line with our expectations and we continue to have success with signing new clients for our StatPro Seven platform. Contracting with a major custodian bank for the use of StatPro Revolution is a significant milestone for us, endorsing our investment and validating the market potential. Following the successful Phase II launch of our public Beta earlier this month we look forward to welcoming more beta clients and the continued growth of the business."

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About StatPro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than £1 million in 1999 to £28 million at end June 2010 and currently enjoys a renewal rate of approximately 90%. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Company has operations in Europe, North America, South Africa and Australia, with approximately 79% of recurring revenues being generated outside the UK.

Launched as a public beta version in July 2010, StatPro Revolution is an online portfolio analytics service offering performance, attribution and risk for portfolio managers all around the world, but at a fraction of the price such services used to cost. The technology of StatPro Revolution means that integration with the Custodian Bank can happen in a matter of months and be available to all the Custodian's clients from the New Year thus giving them a significant commercial advantage over the competitors.