Trading Update

Cpl Resources plc 

("Cpl" or the "Company")

11 July 2019

TRADING UPDATE

We announced our half year results on 24 January 2019 for the six months to 31 December 2018. At that time we reported double-digit growth in profits and earnings per share. The Company has also performed well in the second half of the financial year which ended 30 June 2019. As a result, we expect our profit before tax for the full year to be ahead of market expectations. Our balance sheet and cash flow remain strong.

Current market conditions are favourable with high demand for talent and low unemployment rates in key markets. However, we remain conscious of the potential impact of political and economic events globally on our business.

We plan to announce our full year results on 10 September 2019.

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For Further Information:

Cpl Resources Plc:

Anne Heraty (CEO) +353 1 614 6000

Mark Buckley (Deputy CEO & COO)

Lorna Conn (CFO)

Davy Corporate Finance (NOMAD and Euronext Growth Advisor):

Ivan Murphy +353 1 679 6363

Daragh O'Reilly