Matchtech Key Strengths

Matchtech has developed into a leading UK recruitment company. The Directors believe the key strengths of the Group are:

Strong track record of organic growth

The Group has grown purely organically and has achieved compound growth in Net Fee Income (Gross Profit) of 22.4 per cent. for the eleven years from 1 August 2006 to 31 July 2008. Compound Net Fee Income and Operating Profit growth annual growth for the five years from 1 August 2003 and 31 July 2008 has been 26.0 per cent. and 30.8 per cent. respectively;

Experienced management team and high staff retention

key to the success of the business and its organic growth record has been the experience of the management and an ability to attract and retain high quality staff. The Group has developed and implemented incentive schemes for its employees which will continue to align their interests with those of shareholders;

Resilient, contractor-driven business with effective permanent recruitment strategy targeting sectors with
long-term investment horizons

The Group is focused on growth being driven and underpinned by investment in long-term capital asset and infrastructure projects funded by both the private and public sectors;

Broad spread of clients and sectors, with many long-standing relationships

The Group has developed long-term relationships with a broad mix of large and small clients involved in private and public sector work through a variety of contracts. The Directors further believe that the Group has no over-reliance on any single client, with the Group's top fifty clients generating fifty per cent. of NFI in the year ended 31 July 2008;

Effective systems and processes, covering the UK from a single site with considerable growth potential

The Group addresses the UK technical recruitment market from a single site enabling it to offer the full range of client services from an efficient base and better career opportunities and environment for its employees; and

Business balance providing stability, growth and cash generation for shareholders

The Group has delivered considerable organic growth and cash generation for its shareholders.