VIG Vale Int

RNS Number:3535C
VI Group PLC
11 October 2002


Friday, 11th October 2002


                                  PRESS RELEASE

                                  VI GROUP plc

                          Third Quarter Trading Update


VI Group plc ("VI" or "the Group"), one of the leading suppliers of CAD/CAM
software to the mould and die sector, announces today that it has experienced a
marked improvement in trading conditions in the third quarter, ended 30
September 2002. Revenues for the third quarter increased by 20% to #1,181,000
compared to the same period of last year (2001: #986,000).

Commenting on the results, Don Babbs, Chief Executive of VI, said:

"Although our second quarter was adversely affected by a general air of
uncertainty in some of our key markets, we are pleased to announce the Group's
return to growth in the third quarter. While some market uncertainties remain,
we are encouraged by positive feedback from customers on our most recent product
release of VISI-Series and the Machining Strategist business acquisition which
was completed at the end of September."


                                    - Ends -


For further information:


Don Babbs, Chief Executive
Peter Wharton, Finance Director                       Tel: 01453 732 900
VI Group plc

Paul Downes / Dominic Barretto                        Tel: 020 7606 1244
Merlin Financial


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

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