Trading Update - Trading in line with board expectations

30/09/2008
 
AssetCo plc (“AssetCo” or the “Company”)


Trading Update


AssetCo plc, (AIM : ASTO) a leading integrated support services business to the UK and overseas fire and rescue markets, provides a trading update prior to the close period in respect of its half year ending 30 September 2008.


Trading in the period was in line with the Board’s expectations. The Company continues to develop and benefit from a high degree of visibility from its two 20 year government contracts.


The integration of the businesses acquired in the last 12 months is on target to be completed during FY09.


The Company’s Interim Results are expected to be announced on 27 November 2008.


For further information please contact:


AssetCo plc Tel: +44 (0) 20 8515 3999

John Shannon, Chief Executive Officer


Frank Flynn, Chief Financial Officer


RBS Hoare Govett Limited (Nomad) Tel: +44 (0) 20 7678 8000


Stephen Bowler


Buchanan Communications Tel: +44 (0) 20 7466 5000


Tim Anderson

Isabel Podda


Notes:

In accordance with AIM Rule 20, the Company confirms that its Annual Report and Accounts for the year ended 31 March 2008 has been sent to shareholders. Copies are available at 800 Field End Road, South Ruislip, Middlesex, HA4 OQH or on the Company's website www.assetco.com.