Axon Group plc, a leader in the delivery of Business Transformation programmes for large organisations that use SAP as their strategic platform, today announced that the Group's interim results for the 6 months ended 30 June 2006 will exceed current market expectations.

Axon will announce its interim results on 12 September 2006 and Group revenues are anticipated to be at least £60m (H1 2005: £40.4m) and adjusted profit before tax* at least £8m (H1 2005: £4.0m).

Mark Hunter, Chairman and CEO, commented:

"We continue on our journey towards becoming the leading independent global provider of SAP-enabled Business Transformation services. We have continued to build upon the positive progress that we reported at our AGM in May 2006 and, based upon current trading, we anticipate that our full year results will be at least 10% ahead of current market expectations. Furthermore, subject to the expansion of a number of customer contracts, we may be in a position to report further positive progress when we present our interim results on 12 September 2006."