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STAFFLINE GROUP PLC ANNOUNCES INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2010

STAFFLINE GROUP PLC
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2010
Staffline Group plc ("Staffline" or "the Group"), a national outsourcing organisation providing people and operational expertise to industry, today announces its interim results for the half year ended 30 June 2010.
Financial highlights
Revenue up 70% to 83.4m (2009: 49.1m)
Profit pre tax and amortisation up by 71% to 2.4m (2009: 1.4m)
Pre tax profit up 50% to 2.1m (2009: 1.4m)
Basic earnings per share up by 56% to 7.0p (2009: 4.5p)
EPS before amortisation up by 76 % to7.9p (2009: 4.5p)
Interim dividend increased by 71% to 2.4p (2009: 1.4p)
Net debt reduced to 4.8m (Dec 2009: 5.0m)
Operational highlights
Significant growth in demand from existing customers due to a range of factors including general uncertainty in the marketplace favouring temporary labour
Excellent new business wins in the period together with the full impact of the wins last year
Acquisitions completed last year are performing ahead of expectations
Two further acquisitions completed at the end of the first half
Number of OnSites risen to 129 at 30 June 2010
Current trading and prospects
Trading in the first few weeks of the second half of 2010 has continued to be extremely strong and the Board now expects earnings for the full financial year to be significantly ahead of current expectations.
Commenting on the results and prospects for 2010, Andy Hogarth, Chairman and Chief Executive, said:
"The Group has had a successful first half year with trading in line with management's earlier heightened expectations and we have benefitted from the impact of a number of new business wins, recent acquisitions and increased demand from existing clients.
Trading in the first few weeks of the second half of 2010 has continued to be extremely strong with the two latest acquisitions starting to have an impact. In addition we have opened a further 6 OnSites during July and August, bringing the current total of OnSite locations to 135. The Board now expects earnings for the full financial year to be significantly ahead of current expectations.
Overall we continue to be encouraged by the level of interest in our products and services from new clients and, whilst we expect the economic backdrop to remain tough in the markets where we operate, we remain confident that our model will allow us to operate profitably and continue to grow. We are in a strong financial position net debt has continued to fall during 2010 and we expect to continue to generate significant cash from operations in the coming years. We continue to look for acquisition opportunities and look forward to the challenges ahead with optimism."

STAFFLINE GROUP PLC
Joint Share Ownership Awards
Staffline Group plc (the "Company" or "Staffline") announces that, on 6
September 2010 it issued 1,257,263 new shares (the "New Shares") at a price of
92p per share to the Staffline Group Employee Benefit Trust ("EBT") in
accordance with the Staffline Group Joint Share Ownership Plan ("JSOP") for the
purpose of incentivising the executive Directors and key senior managers to
achieve certain earnings per share targets over a five year period.
Pursuant to the JSOP rules the value per Ordinary Share used as the basis for
calculating the number of the individual Ordinary Share awards is the average
closing mid-market price on the five business days immediately preceding the
date of the award.
Under the JSOP rules the award will trigger at 50 percent of the full allocation
if diluted earnings per share before amortisation in any complete financial year
up to and including the year ending 31 December 2014 ("Adjusted EPS") exceed
24.0p. The full allocation will be triggered if Adjusted EPS exceed 42.0p in any
complete year, with the allocation scaled up on a straight line basis for
Adjusted EPS between 24.0p and 42.0p. Of the New Shares, 857,263 shares have
been allocated to the executive Directors of the Company at a base price of 92p
in co-ownership with the EBT with the full potential entitlements set out below.
The balance of the New Shares have been allocated to key senior managers. Under
the JSOP rules the minimum vesting period for the shares is just under 5 years
unless there is a prior change of control when the vesting period is one year
following the change of control.
The 1,257,263 new shares rank pari passu in every aspect with the existing
issued ordinary shares in the Company. Application will be made for these
shares to be admitted to AIM.
The Company also wishes to announce that, subject to vesting in accordance with
the JSOP rules as aforementioned, the Directors' interests have changed as set
out below:-

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| | JSOP | Total interest | % Issued |
| | Allocation | following |Ordinary Share |
| | 6 Sept 2010 | allocation | Capital |
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| Andy Hogarth | 306,863 | 3,375,492 | 15.01 |
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| Marshall Evans | 145,400 | 1,599,480 | 7.11 |
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| Tim Jackson | 205,000 | 255,000 | 1.13 |
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| Shaun Brittain | 200,000 | 200,000 | 0.89 |
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