15.JUN.06 / Announcement
INTERIM STATEMENT FOR THE SIX MONTHS ENDED 31 MARCH 2006

OMG plc, Oxford Metrics Group (LSE: OMG), (“OMG” or “the Group”) the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, announces record interim results for the six months ended 31 March 2006.

FINANCIAL HIGHLIGHTS:

• Record turnover, up 71% to £8.2m (H1 2005: £4.8m)
• Record operating profits of £1.1m (H1 2005: £0.6m loss)
• Earnings per share up significantly to 1.63p (H1 2005: loss per share of 0.96p)
• Strong cash generation with cash balances at 31 March 2006 up 20% to £5.3m

OPERATIONAL HIGHLIGHTS:

• Re-organisation of the Group into three operational business units to focus on their individual markets and products: Vicon, 2d3 and Geospatial Vision
• Delivery on stated strategy of expansion through leveraging existing technology in new vertical markets:

o Defence market under 2d3 progressing well
o New division, Geospatial Vision, established to focus on street-level             geospatial imagery

• Focus on cost control with consequent drop in overheads, from second half of 2005
• Vicon has strengthened its leading position in the games market, with major customers now including Ubisoft, Square Enix, Eurocom Entertainment and Electronic Arts
• 2d3’s Entertainment products continue to be used in many of the leading box office films with recent examples being X-Men: The Last Stand and The Da Vinci Code

Nick Bolton, Chief Executive of OMG plc, commented:

“Since becoming Chief Executive of OMG in May 2005, I have implemented a number of initiatives focused on keeping costs down, leveraging our existing technology, and ensuring consistency of sales execution. I am pleased to announce that we are delivering on these initiatives and, as a result, the business is performing strongly and is demonstrating significant trading improvements.

The Group reported a record performance in the second half of the last financial year which I am delighted to announce continued into the first half of the current financial year. This excellent first half performance represents a record in the Group’s history and the strong performance of our core business is underpinning our drive for growth in significant complementary markets.”

OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director
Financial Dynamics 020 7831 3113
Giles Sanderson / Juliet Clarke / Hannah Sloane