RNS Number:4050Z
Conister Trust PLC
07 March 2006



                       Conister Trust PLC ("the Company")


The Board of Conister is aware of a prolonged and steady increase in the price
of the Company's shares over several months. This no doubt reflects, at least to
some extent, the opportunities that may be derived by the Company from the
involvement of a new significant minority shareholder, together with the
recruitment of Mr Jerry Linehan as Chief Executive of the Company with effect
from 1 March 2006. However, the Board feels duty bound to remind shareholders
that the performance of the core businesses of the bank continues to be
challenged by strong downward pressure on margins and lower than anticipated
volumes due to intense competition and an uncertain economic outlook. This,
coupled with the ongoing complexities of the litigation funding market, is
expected to result in a significant reduction in earnings for the financial year
to 31 December 2005 compared to the financial year to 31 December 2004.


7 March 2006



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

END
TSTBDLFBQXBLBBV
Conister Trust (LSE:CTU)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Conister Trust Charts.
Conister Trust (LSE:CTU)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Conister Trust Charts.