21-Jan-2005

Evolution Group said today that its
full year results are expected to be in
line with market expectations and
significantly ahead of 2003.
Within Evolution Securities, the
group's middle market investment
banking business, the continued strong
performance was driven by an increase
in transactions performed for corporate
clients, with record funds being raised
for clients in this six month period.
Christows, Evolution Group's private
client stockbroking and portfolio
management business, has continued to
progress according to plan and at the
year end has seen good growth in funds
under management, providing increased
recurring
income.
At the year end the balance sheet
position has strengthened with cash
generated from its operating
businesses.
The Board is actively considering the
most
efficient mechanism to reward
shareholders, and is confident of a
year offurther progress in 2005.
Evolution will report its annual
results before the end of March.
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