MFG Miller Fisher

RNS Number:9927H
Miller Fisher Group PLC
3 August 2001


For immediate release                                             3 August 2001



                         MILLER FISHER TRADING UPDATE

In view of recent movements in the share price, the Board of Miller Fisher
Group plc, the provider of outsourcing services to the insurance and financial
services industries, states that it expects the results of the Group for the
six months ended 30 June 2001 to show an improvement over the figures for the
comparable period last year.


The Board expects to report a profit at the operating level for the first half
of 2001 and this improvement, compared to an operating loss of #80,000 for the
first half of 2000, is as a result of the beneficial impact on the cost base
of the restructuring of the UK Group implemented during the year ended 31
December 2000.


Taking account of an increased interest burden in the first half (compared to
2000), but a reduced level of exceptional expenses and the profit on disposal
of Homecare, the loss before taxation but after interest and exceptional
expenses is expected to be substantially less than the loss of #1.5m reported
in the first half of 2000.


The Board expects to announce the results for the six months ended 30 June
2001 towards the end of August.


For further information, contact:

Miller Fisher Group                                               020 7398 8700
Richard Horton

Grandfield                                                        020 7417 4170
Clare Abbot/Kirsty Black

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