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(EDD.L) Education Development International PLC Buy/Sell

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Date/Time	Headline	Source
1
28-09-09	Education Dev Intl - Trading Statement	RNS
RNS Number : 7125Z Education Development Intl PLC 28 September 2009 EDUCATION DEVELOPMENT INTERNATIONAL PLC PRE-CLOSE TRADING UPDATE Education Development International plc ("EDI" or "the Group"), the leading provider of educational qualifications and assessment services, takes the opportunity at the end of its financial year on 30 September 2009 to provide an update on trading Continued Strong Trading The strong rate of growth reported at the interim stage has been maintained over the past six months and the Board expects to report results that will at least meet market expectations which have been revised upward a number of times during the course of the year. UK vocational qualifications sales continue to drive growth reflecting new customer wins and a general increase in demand resulting from additional government expenditure in response to the impact of the recession on the labour market. International sales also continue to make good progress and are benefiting from favourable currency exchange rates. Both main political parties are indicating their strong commitment to good quality vocational education and training. Indeed, this investment of public funds is seen as central to supporting individuals and companies through the economic downturn and to prepare industry and commerce for the recovery. The Group's Preliminary Results announcement will be released on 24 November. EDI Chief Executive, Nigel Snook commented: "Over the past year, we have made good progress in establishing EDI as a major player in the assessment and qualifications services market both in the UK and abroad. This is reflected in the continuing strong growth in demand for our services". For further information please contact: `Education Development Walbrook PR Limited` `International plc Paul McManus` `Nigel Snook - Chief Executive Tel: 020 7933 8787` `Paul Bird - Finance Director Mobile: 07980 541893` `Tel: 024 7651 6510 paul.mcmanus@walbrookpr.com` http://www.ediplc.com Brewin Dolphin Limited Matt Davis/Neil McDonald Tel: 0845 213 4851 This information is provided by RNS The company news service from the London Stock Exchange END TSTEELFLKKBXBBD More

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