3rd Apr 2006 07:08
BG GROUP plc03 April 2006 Media Information 3 April 2006 BG GROUP TRADING UPDATE FIRST QUARTER 2006 BG Group has traded ahead of market expectations in the first quarter of 2006,due to the strong performance of its LNG business. The LNG business segment is expected to report a first quarter operating profitof not less than £130 million. The LNG shipping and marketing business managed40 cargoes in the quarter of which approximately two thirds were sold intomarkets outside of the USA. This is due to very strong seasonal demand andhigher realized prices in Japan and Europe. The Group's E&P, T&D and Power businesses have, together, traded broadly in linewith market expectations. BG Group's first quarter results will be announced on 3 May 2006. There are matters discussed in this media information that are forward lookingstatements. Such statements are only predictions and actual events or resultsmay differ materially. For a discussion of important factors which could causeactual results to differ from the forward looking statements, refer to theCompany's annual report and accounts for the year ended 31 December 2005. Notes to Editors: BG Group plc is a global natural gas business. Active on five continents in over20 countries, it operates four business segments - Exploration and Production,LNG, Transmission and Distribution and Power. Enquiries: Communications +44 (0) 118 929 3717 Out of hours media mobile: +44 (0) 791 718 5707 Investor Relations Chris Lloyd/Helen Parris/Kate Bingham +44 (0) 118 929 3025 Website: www.bg-group.com - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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