Trading Update

CSF GROUP PLC ("CSF")

TRADING UPDATE

The Directors of CSF are pleased to advise that the Group has entered into a tenancy agreement with an established multinational telecommunications company for the rental of 11,450 square feet of space at the CX2 data centre for an initial period of one year with an option to extend the lease period by three years.

The company is pleased with progress to date and since the time of float in March, the occupancy of CX-2 by paying customers has increased from 50% to 67%. The company is on track to achieve full occupancy of CX-2 by December 2010 and is expecting further news flow on its other South East Asian sites in the near future.

For further information:

CSF +603 8318 1313

Adrian Yong, Chief Executive

Leander (Financial PR) +44 (0)7795 0168 157

Christian Taylor-Wilkinson

Cenkos Securities (Nominated Adviser and Broker) +44 (0)20 7397 8900

Ian Soanes or Elizabeth Bowman

Notes to Editors:

CSF Group (AIM: CSFG) is a leading provider of data centre facilities and services in South East Asia and the largest provider of data centre services in Malaysia with 35% market share.  The Group was established in 1991 and has been involved in the build & fit out of over 200 data centres, including the largest data centre in South East Asia, CX2, at 157,000 net sq. ft. Although its primary focus is the design, development and operation of data centres it also develops data centres on behalf of third party customers. Its customer base comprises global blue chip IT, Telco and Industrial companies to whom it offers a range of highly flexible, scalable services.