CEO Update - 06 / 2008

As the first half of 2008 draws to a close we can look back on yet another eventful six months in the development of The Lausanne Consulting Group.

Whilst our financial performance continues to mirror our plans and reflect the excellent overall performance of the Group, the exciting aspect of the year to date has been our investment into the expansion of our core business, namely the consulting division.

The outstanding performance of our project teams, who more often than not over-deliver on our clients’ expectations, has created a strong reference and referral base. Associated with a robust and innovative business acquisition process, this track record has helped the consulting division to achieve an unprecedented 100% transformation of commercial opportunities into long term clients. In turn this has challenged us to develop our business model further and by the end of 2009 we plan to have a business development activity which is twice as strong as was originally budgeted for in 2008. 2009 already looks like an exciting year!

The Group has worked hard over the past few months to further raise its profile and has hosted a number of events. These include the Master Series tennis event, the classic and F1 Grand Prix in Monaco and more recently The Michael Stich Foundation Dragon boat cup in Hamburg. These events aimed to bring together clients and employees in an informal environment and, as with the recent event in Hamburg, support worthwhile charities.

Looking ahead to the rest of the year our plans include creating an executive advisory board to assist the senior management of the Group. This board will provide support and guidance as we take the company into a number of new, but related areas. Several senior international personalities have already agreed to join us and this clearly reflects the view that the Lausanne Consulting Group is and intends to continue being a major player in the performance improvement market. I will issue a statement with the full list and short biographies before the end of the summer.

I hope everybody has a well deserved break in the summer.

C.E.O Marcus Hillman-Eady