MFG Miller Fisher

RNS Number:5000E
Miller Fisher Group PLC
27 January 2000


The  Board  of  Miller  Fisher Group plc  will  announce  its
unaudited preliminary results for the year ended 31  December
1999  on  29 March 2000. Today the Group outlines its current
trading performance, ahead of entering the close period.

Trading  in  the  last quarter of 1999 has been  strong  with
turnover and operating profits reaching record levels for the
quarter.

As  highlighted  in  the interim results announcement  on  21
September  1999,  the exceptional costs  of  integrating  the
Pycraft  &  Arnold business, acquired in February 1999,  have
been higher than anticipated and while the associated synergy
benefits  will also be higher, these will take some  time  to
flow  through  to  full  effect.   In  addition,  since   its
acquisition, the revenue streams of this business  have  been
below the level anticipated by management at the time of  its
acquisition.

The  Group  also  incurred,  in  the  second  half  of  1999,
exceptional  costs relating to the change  of  domicile  from
Ireland to the UK which will be reflected in the results  for
the year as a whole.

The  strong result in the last quarter in 1999 has not wholly
mitigated  the exceptional costs and the underperformance  of
Pycraft  & Arnold.  As a consequence, it is anticipated  that
the  full  year  results for the Group as a whole  will  fall
below  the consensus of brokers' forecasts currently  in  the
market.

Pycraft  &  Arnold  has now been wholly integrated  into  the
Group and has added substantially to the critical mass  of  a
key  part  of  the  Group's core activities.   The  Board  is
confident  that  the  structural  changes  occurring  in  the
industries in which Miller Fisher operates provides  it  with
significant opportunities upon which it intends to capitalise
fully in 2000.

For further information, please contact:

Miller Fisher Group plc                       0181 652 9100
Kevin Kenny - Chief Executive
Richard Horton - Finance Director

Grandfield                                    0171 417 4170
Clare Abbot                                   0771 5169326


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