FIO Fin.Objects

RNS Number:9146T
Financial Objects PLC
08 May 2008

PRESS RELEASE



8 May 2008

                             Financial Objects plc

                     ("Financial Objects" or the "Company")


                               AGM Trading Update

At the Annual General Meeting ("AGM") of Financial Objects, to be held today at
11.00 am, the Company's Chairman, Mr Paul Fullagar will read the following
statement:

"In the preliminary statement of March 10, the Board noted it was likely that
the result of changes in the Wealth Management and Banking divisions would not
be fully felt until the second half of 2008.  This remains the case, although it
has taken longer than anticipated to bring the sales force headcount up to
planned levels during the first half of the year. As a result, it is anticipated
that the financial performance for the first half of the current financial year
will be significantly behind that recorded for the first half of the last
financial year.

Whilst the pipeline of opportunities for the Company is strong, the financial
performance for the full year is dependent on closing one or two significant
license deals to make up for the lower than expected performance in the first
half of the financial year.  As a result, the Board is more cautious with regard
to the full year performance."



For further information, please contact:


Financial Objects                                           Tel:  020 7836 3010

Karim Peermohamed / Peter Youngs
Evolution Securities                                        Tel:  020 7071 4300

Stuart Andrews
Financial Dynamics                                          Tel:  020 7831 3113

James Melville-Ross / Matt Dixon / Hazel Stevenson



About Financial Objects plc

Financial Objects is an international supplier of software solutions to the
financial services sector. It delivers innovative technology solutions for
banking, wealth management and risk management. A Microsoft Gold Certified
Partner, Financial Objects aims for its customers to benefit from new,
comprehensive, integrated products and services. It designs, develops and
continually enhances its software applications to meet both customer and
regulatory requirements.

Founded in 1995, Financial Objects has more than 500 customers and is listed on
the Alternative Investment Market (AIM) of the London Stock Exchange. It employs
more than 300 people across the world with headquarters in London, UK and a
research and development centre in Bangalore, India.




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