Simonds Farsons Cisk p.l.c. announces that during the first five months of the financial year commencing on 1st February, 2007, the Group has achieved its expressed performance objectives over the corresponding period in 2006. Furthermore, one of the subsidiary companies has concluded the sale of some properties at a profit which will result in a favourable impact on the financial results for this period.

No other material events and/or transactions have taken place that would have an impact on the financial position of the Holding Company and its controlled undertakings, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

During the period under review, the investment programme embarked upon by Simonds Farsons Cisk p.l.c. proceeded on schedule and within budget in line with the Company’s Business Plan.