Empresaria Group PLC
05 July 2007

Empresaria Group plc - AGM Statement

5th July 2007

At today's Annual General Meeting of Empresaria Group plc ('Empresaria' or 'the
Group'), an international specialist staffing group, the Board will make the
following statement:

The Group has enjoyed a good first five months trading and the Board is
confident about meeting its full year expectations. As in previous years, the
Group is expected to generate the majority of its profits in the second half of
the year due to the seasonality of a number of the Group's businesses and in
line with industry trends.


The Group recently acquired Headway Holdings Gmbh. This acquisition has been
integrated rapidly into the Group's decentralised structure and has performed
strongly. In response to these positive initial signs, combined with continued
strong demand for Headway's services, the Group has agreed to accelerate the
development of new branches. Since the start of the year nineteen branches have
been established, five of which have been post-acquisition. This rapid expansion
is set to continue with at least five branches expected to be added over the
coming months, taking the total to over 70 branches. A more detailed overview of
Headway's performance will be given with the release of the interim results in

South East Asia

Empresaria today announces a number of developments in its operations in South
East Asia. The Group has acquired a 51% stake in PT Learning Resources
Indonesia ('PT Learning') for a consideration of US$127,000. PT Learning is an
established training company specialising in leadership and personal
development, customer service and sales training to the banking and
telecommunications industries. This acquisition strengthens Empresaria's
presence in the region by increasing the Group's operations to three companies
and five branches in Indonesia. In addition to PT Learning, Monroe Consulting
provides executive recruitment services to the local market and Advanced Career
Indonesia provides HR Outsourcing solutions to the Indonesian financial services

The Group has also invested in two new companies, both operating under the
Monroe brand. The first is Monroe Consulting Group Pte Ltd in Singapore and the
second is Monroe Consulting Philippines Inc. In each case the new companies are
part owned by local, experienced management teams. Both companies will focus on
executive recruitment.

Other Markets

Established operations in the UK and Japan continue to perform well and in line
with expectations.

The Group continues to focus on the development of its overseas operations to
gain access to high growth international markets and to create a stable
operating base to manage economic and market fluctuations thereby reducing the
Group's dependence and exposure to any one country. Through sector and
geographic diversification the Group continues its progress in developing a
broadly based international specialist staffing company.

Group management development

The Group today announces that Nick Hall-Palmer, Group Finance Director, is to
move to the role of Group Development Director once a new Group Finance Director
has been appointed. This change in role reflects the increase in breadth and
scope of group operations and recognises the broader commercial role that Nick
has been undertaking since joining Empresaria in 2000.

For further enquiries please contact:

Empresaria Group Plc 01293 649 900
Tony Martin (Chairman)
Miles Hunt (Chief Executive)
Nick Hall-Palmer (Finance Director)

Bridgewell Limited
James Wellesley-Wesley 020 7003 3000

Notes for editors:

Empresaria Group plc is an international specialist staffing group built on a
philosophy of management equity.

Empresaria was formed in 1996 by Miles Hunt. Its business model allows founder
managers and key staff within Empresaria's subsidiaries to acquire or retain a
meaningful stake in the businesses they run or work in.

Group strategy is to develop an international specialist staffing group balanced
across sectors, geographies and operations. It currently operates in 18
countries with over 130 branches.

This information is provided by RNS
The company news service from the London Stock Exchange END


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