Pre close Trading Statement

RNS Number:2512I
Sumus plc
22 November 2007





                                                              22nd November 2007

                                   Sumus Plc
                              Pre-close statement
                  and date of preliminary results announcement

The Directors of Sumus Plc ('Sumus' or 'the Company'), the AIM listed holding 
company for IFA businesses providing investment and financial advisory services 
and network support services to IFA firms, are pleased to issue the following 
update ahead of the Company's preliminary results for the year ended 30th
September 2007, which are expected to be released on Tuesday 22nd January 2008.

Sumus made good progress in the second half of the year and the Directors expect 
profits before tax for the year ended 30th September 2007 to be in line with 
market expectations. A final dividend will be recommended in line with the 
Company's stated policy of being approximately three times covered.

Recent developments within the Group include:

   *Falcon Group and Financial Services Advice and Support ("FSAS"), the
    Group's regulated IFA network businesses, have been acknowledged as the most
    highly rated UK networks for IFAs in an influential industry wide survey.

   *Group cash balances as at 30th September 2007 remain in excess of #5m
    as reported in the Company's Interim Report, despite the payment of
    #525,000 cash as part of the consideration for the acquisition of 50.1%
    of the issued share capital of Deverill Black & Company Limited in June 2007.

   *FSAS, the Company's wholly owned subsidiary headquartered in Dunfermline, 
    Scotland, that was acquired in September 2006, has performed extremely well 
    with the final consideration payable in December 2007 (50% each in cash and 
    shares) likely to be above that anticipated in 2006, due to excellent 
    trading performance in the 12 months to September 2007.

   *The appointment of two senior managers as Directors to the Board of Falcon 
    Group, the Group's regulated IFA network business based in Bristol. These 
    are seen as key appointments in the further development of that business.

   *The continuing development of the Brunel Funds asset management proposition, 
    launched in March 2007 with 2 sub funds - Growth and Distribution - has 
    attracted a total of #4.8 million in the first 9 months of operation.

Since the year end, Sumus has experienced broadly similar trading conditions as
in the second half of the 2007 financial year. Further information on current 
trading and future developments will be set out in the preliminary results 
statement.

Commenting on the year, Allan Rosengren, Chief Executive, said:  
"The performance in the 12 months to 30th September 2007 has been very pleasing 
and clearly demonstrates the success of our growth strategy and its execution.  
The enlarged group was recognised by an influential industry survey for its 
quality of support to its members, all the more impressive given that this 
accolade was achieved in the year that FSAS was integrated.

We continue to pursue our 'buy and build' strategy and have made two key 
subsidiary board appointments to support the future growth of the Falcon Group.  
Sumus is in a strong position to continue as a consolidator in the IFA market.  
Balance sheet strength and our reputation will enable us to attract quality 
businesses and allow us to continue to make earnings enhancing acquisitions.  
Our management team have uncompromising standards and this is reflected in both 
the results for this period and our ability to look forward confidently to next 
year."

Contacts:

Allan Rosengren            0117 9330777
CEO - Sumus Plc            07973 511941

Peter Smith                0117 9330754
FD - Sumus Plc             07713 885286

Tom Griffiths / Neil Kirton
Arbuthnot                  020 7012 2000

Tom Cooper / Paul Vann     0117 9200092
Winningtons Financial      0797 122 1972

Note to Editors

Sumus, admitted to AIM in February 2005, is the group holding company of Falcon
Group Plc, a long established and consistently profitable IFA group, also of
Financial Synergies Plc which was established in August 2004 and Financial
Services Advisory and Support Limited which was acquired in September 2006.
Falcon was founded in 1983 by Allan Rosengren and Julian Telling, respectively
the Group Chief Executive and Group Operations Director of Sumus.

Sumus is a consolidator in the IFA sector, both by way of the organic expansion
of its operating businesses and through carefully selected investments in IFA
firms, which then become authorised through either Falcon Group or FSAS. Sumus
provides strategic direction, working capital, compliance and risk management
resources to its operating businesses.




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

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