IIR Ind.Intl.Inv.

RNS Number:6364S
Independent Intl Inv Research PLC
09 March 2007

Press release

07h00, 9 March 2007



Independent International Investment Research Plc ("the Group")



End of year trading update - maiden full year positive EBITDA expected



The Group is pleased to announce that the strong trading conditions referred to
in the Trading Update released on 20th December 2006 have continued. The Group
expects that the outcome for the year to February 2007 will be at least in line
with market expectations.  Maiden full year positive EBITDA is expected.



Publication of the Group's preliminary audited accounts is expected in early
June 2007.



As a result of the building interest in the Group's Pronet FX currency advisory
service in the People's Republic of China, the growing take-up of our global
equity research offering and the expansion of the sales function, the Board is
confident of continued growth in the medium term and will keep the market
informed of further developments in research supply arrangements as appropriate.



Meanwhile regarding the ongoing dispute with Google over its use of the Gmail
mark, for which the Group has prior pending trademark applications, the Board
notes that its criticism of Google's use of third-party intellectual property is
now being echoed by much larger software, technology and media companies such as
Microsoft, Viacom and CBS.   Microsoft General Counsel Thomas Rubin, in
particular, has accused Google of "systematic copyright violation".   The Group
increasingly believes that Google's stance on intellectual property is
indefensible and expects to announce shortly an initiative to raise the profile
- with investors, advertisers, users and regulators - of Google's approach to
intellectual property. The Group re-iterates its commitment to protect Group
intellectual property.



-ENDS-



For further information please contact:
Shane Smith, Chairman and CEO,          Shane.smith@iirgroup.com   +44 7785 276 703
Independent International Investment
Research PLC

Nandita Sahgal                          nsahgal@insinger.com       +44 (0) 20 7190 7013

Insinger de Beaufort





Notes to editors:

Independent International Investment Research PLC ("Independent II Research")
(LSE:IIR) is the UK's leading source for impartial research and strategy for
global equities and foreign exchange.



The company was admitted to the Alternative Investment Market (AIM) of the
London Stock Exchange in 2000, and operates through two subsidiaries: Pronet
Analytics.com Limited (Regulated and Authorised by the Financial Services
Authority in the UK, and registered as an Investment Advisor with the Securities
Exchange Commission in the USA) which has been ranked consistently in the global
top-five independent currency research firms; and Independent Research Pvt
Limited, its research centre in Mumbai, India.  The Group has become the leading
specialist in the United States for the provision of research on non-US
companies (primarily those with American Depositary Receipt programs).



The company is headquartered in London, with research and development facilities
operating in China and India.  Key distribution partners are BNY Jaywalk, Inc.,
Reuters PLC, Institutional Research Services, Inc., and Bloomberg LP (PRON(go))
as well as a number of specialist distribution partners in China who are focused
specifically on introducing FX research services to the rapidly developing
currency markets in that country.



From March 2007, the Group introduces a new umbrella brand for its sales
channel: IN Research, to capture the values of research which is
INcisive-INnovative-INternational-INdependent-INdispensible-INspired.
IN Research:
INcisive-INnovative-INternational-INdependent-INdispensible-INspiredTM









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