Empresaria Group PLC
09 June 2005

9th June 2005

Empresaria Group plc ('Empresaria' or the 'Group') held its Annual General
Meeting of the Group at 12.30pm today at which all of the resolutions set out in
the Notice of the meeting were passed. Empresaria also provided the following

Trading in the first five months of the financial year has been in line with the
Board's expectations and the Board is confident about meeting investors'
expectations of the Group's growth this year. As in previous years, the Group
is expected to generate the majority of its profits in the second half of the
year as a result of a combination of the seasonality of a number of the Group's
businesses and the impact of investment start up losses incurred in the first

The Group continues to focus on the development of its overseas operations to
gain access to high growth international markets and to increase the defensive
characteristics of the Group through sector and geographical diversification,
with the overall objective of developing over time a broadly spread
international specialist staffing company. To allow the Group greater financial
flexibility to take advantage of potential identified opportunities it has
gained agreement from HSBC to provide a further facility of up to £4million in
term loans to fund the Group's development through acquisitions and start-ups.
Increases in the Group's working capital requirements arising from organic
growth will continue to be funded through the Group's flexible Invoice
Discounting facility and its overdraft facility of £1.25million, which is
currently unutilised.


Empresaria 01293 649 900

Miles Hunt
Nick Hall-Palmer

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

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