CHR Chelford

RNS Number:5279O
Chelford Group PLC
22 December 2006


FOR IMMEDIATE RELEASE                                          22 December 2006

                               Chelford Group plc

                               TRADING STATEMENT

Chelford Group plc ("Chelford" or the "Group"), the IT solutions group today
provides an update on its trading performance for the year to 31 December 2006.

During the closing months of 2006, certain contracts and associated services
were signed later in the year than expected and some contract decisions,
including significant software licences, will not now be made until 2007.
Nevertheless, in the second half year the Group traded more profitably than in
the first half year and continued to generate cash. As a result of these new
contract delays, together with the cost over-run on a fixed-price contract in
the SAP Division reported at the half year end, profits for 2006 will be below
market expectations and below the level for 2005.


ENDS




For further information, please contact:

Trevor Lewis, Chief Executive                                    01256-685400

Mark Taylor, Charles Stanley                                    020-7149-6000
Securities

Steve Liebmann, Bankside                        020-7367-8883 or 07802-888159


About Chelford

Chelford Group plc, the IT solutions group is headquartered in Basingstoke,
Hampshire and its shares are quoted on AIM (stock code: CHR). Chelford provides
specialist systems solutions for its target markets based upon its own IPR, SAP,
Microsoft and RFID technologies.




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

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