Trading Statement

Murgitroyd Group PLC ("the Group")

Trading update statement

The Board of Murgitroyd Group PLC issues the following trading update in respect of the third quarter of the financial year ending 31 May 2017.

The Group's third quarter revenue of £11.3M represented a 6% increase on the equivalent period in the 2016 financial year.

The Board also confirms that the underlying trading result for the third quarter was much improved on the first half performance and ahead of revised internal forecasts for the period.

The Group will provide a further trading update in June 2017.

For further information, please contact:

Keith Young, Murgitroyd Group PLC T: 07802 951913

Sandy Fraser, N+1 Singer (NOMAD and Broker) T: 0207 496 3000

Nadja Vetter, Cardew Group T: 07941 340436

Emma Crawshaw, Cardew Group T: 07971 468308

Cardew Group T: 0207 930 0777