RNS Number:4284B
Stanley Gibbons Group Limited
12 April 2006

THE STANLEY GIBBONS GROUP LIMITED
12 April 2006

THE STANLEY GIBBONS GROUP LIMITED

"the Company"

AGM TRADING STATEMENT

All the resolutions proposed at the Annual General Meeting of the Company held in Jersey this morning were duly passed, including the Special Resolution authorising the Company to purchase up to 15% of its issued share capital in the market for cancellation.

Commenting on current trading, the Chairman issued the following statement:

"We have had an excellent start to the year, with our best ever first quarter result. Turnover (unaudited) for the first three months of 2006 was 48% higher than for the same period last year, with a corresponding increase in profits.

We have continued to recruit new clients, coupled with strong demand for our full range of products. The SG100 Stamp Price Index has increased by 4.1% in the first quarter of the year demonstrating that the re-rating of rare stamps in the overall collectibles market has increased the natural pressures on supply and demand. Momentum is still building in rare stamps as an alternative asset class and we are at the forefront of the market with the most recognisable brand name and largest stockholding of stamps in the world.

Our Internet site had over 2 million unique visitors in the last year, out of an estimated total 30 million stamp collectors worldwide. Both sales and recruitment are improving and 'stickiness' (time spent on site by visitors) is also increasing. From being predominantly UK focused, the Internet has been a prime mover in changing our sales base - over 40% of total sales are now made overseas.

Cash generation remains strong, with profits flowing through to cash providing us with the necessary working capital to re-invest in our future profit growth.

Our shareholder register has become even more biased towards institutional holders, who are supportive of our strategy and looking to be long-term holders of our shares.

We are confident, after our first quarter, that we will continue to achieve sustainable growth in turnover and profitability during 2006."

The Company's final dividend will be paid to shareholders on 18 April 2006 and its interim results announced on Friday, 28 July 2006.

For further information contact:

The Stanley Gibbons Group Limited
Paul Fraser, Chairman - 020 7836 8444
Michael Hall. Chief Executive - 01425 472363

Seymour Pierce Limited
Jonathan Wright - 020 7107 8000

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