Trading Update

4 February 2011

Embargoed until 07:00

InterQuest Group plc

("InterQuest" or "the Group")

Trading Update and Notice of Results

IT staffing specialist, InterQuest Group plc (AIM: ITQ.L), is pleased to give an update on trading for the year ended 31 December 2010.

The Group has traded in line with market expectations for the year, with strong growth in financial services offsetting the anticipated decrease in public sector business.

InterQuest will be announcing Final Results on Tuesday, 8 March 2011.

Gary Ashworth, Executive Chairman, commented:

"Our strategy of maintaining individually branded divisions focused on specific niches within the IT sector has given us an encouraging level of resilience. InterQuest has remained profitable through the down-turn and we have entered 2011 with an expanded business having established a further eight divisions. While we have, as anticipated, seen a decrease in our public sector work, this has been more than offset by the growth of our private sector business, particularly financial services and that positive trend has continued into 2011. We look forward to updating investors further at the time of our Final Results announcement in March."

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About InterQuest

The InterQuest Group is a specialist IT recruitment Group providing contract and permanent recruitment services within niche disciplines in the UK and Europe. The Group comprises eleven separately branded specialist divisions covering a broad range of skill sets and industries including Public Sector, SAP, Oracle, CRM Testing, Banking, Insurance, Retailing, Pharmaceuticals, Media, Analytics, Infrastructure and Communications plus majority shareholdings in five further specialist businesses within the IQ Equity division.