A Business Transformed

Financial & Commercial awareness e-learning & classroom training IT Classroom Training, dev consultancy & data governance CBT (FOI; DP; H&S etc) Project Management (PRINCE2) & Service Management (ITIL) CBT Project/Program management classroom training ILX Group plc (ILX)

About Us Vocational Education & Training Specialists Prefer Accredited subjects Structured learning: –Computer Based Training (CBT) and e-Learning software –Traditional instructor-led classroom courses and workshops … delivered to suit customer requirements Subjects currently covered: –Project and Programme Management –Service Management –IT (Desktop Applications, programming etc) –Business Finance –Data Governance

Scope of Business Content –Own IPR: superior margins –Promote skills / knowledge of enduring / tangible nature –Span cultural, geographic and business / public sectors Product –Market driven delivery off-the-shelfoff-the-shelf customisedcustomised tailoredtailored –Client driven deployment Market –Where we can compete economically & effectively sizesize geographygeography –Driven by organisational needs –Direct routes to market preferred

Key Markets Served Key Markets Served PRINCE2 project management industry standard: - –PRojects IN Controlled Environments –Market worth over £100m and growing at 25-30% p.a. –UK, Europe & Asia main markets –Classroom trainers dominate market ITIL service management industry standard –Information Technology Infrastructure Library –Market larger globally than PRINCE2 –Market worth over £100m and expected to grow 100% p.a. in 2005 –Major demand from Europe, North America, Asia, Australasia –Classroom trainers dominate market Financial / Commercial awareness training –Global demand across sectors driven by competitive pressures & regulation Data Governance CBT –Education and training in data management mainly across UK Public Sector –Driven by UK & EU legislation

Divisions Divisions Key Skills (PRINCE2 & ITIL) –Strong web based marketing capability –Owns & –c. 150 qualified leads received per day –Existing clients spending over £50k: British TelecomBritish Telecom –New clients spending over £50k VodafoneVodafone Mindscope (Project & Programme Management inc. PRINCE2 + ITIL) –Fast growing capability in classroom training –12 associates hired since January –Consistently one of most used trainers of PRINCE2 –Increasing number of major contracts being won –New clients spending over £50k CITI; Cable & Wireless; Computacenter; Home OfficeCITI; Cable & Wireless; Computacenter; Home Office

Divisions Divisions Intellexis (Financial Awareness) –Strong renewals –Strong pipeline –Existing clients spending over £50k: Rolls Royce; IBMRolls Royce; IBM Hilton Hotels; IMD InternationalHilton Hotels; IMD International –New clients spending over £50k Ciba Specialty Chemicals; Johnson ControlsCiba Specialty Chemicals; Johnson Controls Borealis; Leica GeosystemsBorealis; Leica Geosystems Computa-Friendly (IT training & data governance) –IT classroom training –Development projects –Data governance CBT –New major clients British Nuclear GroupBritish Nuclear Group

AN INTELLEXIS CUSTOMER: ACCESSING INTELLEXIS COURSES – May Global Reach

Group Strategy Build £20m+ turnover business Specialising in vocational education & training Growth through combination of organic + acquisition Business built on firm foundation: - –E-learning technology –Training content –Solid routes to market –Variety in delivery – Publishing, Classroom, Customised e-learning –Consultancy

VOCATIONAL TRAINING (Qualification led) The ILX Universe

Best Practice BusinessFinance DataGovernance VOCATIONAL TRAINING (Qualification led)

Strategic Driver 1 - Organic Growth Keep foot on pedal of organic growth –Business now tracking at c. £6m pa revenue - 16%+ return –PRINCE2 and ITIL markets experiencing high and sustained growth –Keep investing in higher growth areas Will innovate to stay ahead –Product & proposition –Daring to be different –Thinking bigger and broader; not just another supplier of training –Quality of delivery + after sales crucial to reputation/credibility

Best Practice PRINCE2 ITIL Managing Successful Programmes Best Practice BS15000 / ISO – 30% Growth rate c. 100% + Growth rate Management Of Risk

Strategic Driver 2 - Acquisitions Very limited consolidation in this sector –Highly fragmented –Many players struggling with legacy business models –Many entrepreneurs hit glass ceiling –Successful business owners often have no natural exit route Options include: - –Consolidating in project / programme / service management fields –Opening new front –Looking for weightier targets

The ILX Universe Best Practice BusinessFinance DataGovernance VOCATIONAL TRAINING (Qualification led) FSA Compliance PharmaCompliance Gov’t backed Skills initiatives HRCompliance