Trading update and notice of results

Jelf Group plc ("Jelf" or the "Group")

Trading update and notice of results

Jelf, the independent consultancy which provides a broad range of insurance, financial services and employee benefits to corporates and individuals is pleased to provide an update on trading.

The Board is pleased to report that the Group has enjoyed a positive start to the year and continues to trade in line with expectations. The Group's focus remains on margin improvement and the Group's net debt continues to reduce in line with management's expectations. Whilst the Board remains cautious about the economic outlook, it continues to invest in future growth and consider additional investment opportunities.

The Group expects to announce its results for the six months to 31st March 2012 on the 8th May 2012.

For further information, please contact:

Jelf Group plcAlex Alway - Chief Executive01454 272713

Cenkos Securities plcStephen Keys0207 397 8900