Cagney PLC
18 April 2008



                     CAGNEY Plc ('Cagney' or the 'Company')


                       Statement Re: Share Price Movement



18 April 2008


The Board of Cagney notes the recent volatility in the Company's share price. It
is not aware of any reason for this share price movement. In the March
announcement of its preliminary results for 2007, Cagney reported a strong start
to the year. Since then, first quarter management accounts have become available
which support that view.


Paul Simons, Chief Executive said:

'Management accounts now available confirm the guidance we gave to the market in
March that the year has started well, and that we are optimistic about the
future outcome.'


ENDS



Enquiries:

Cagney Plc                               Tel: 020 7637 4198
Paul Simons, Chief Executive
Smith & Williamson                       Tel: 0117 376 2213

Nick Reeve
Cubitt Consulting                        Tel: 020 7367 5100
Michael Henman/Allison Reid


About Cagney Plc

Cagney Plc is an integrated group of marketing services firms. It combines five
businesses: Exedra (retaining BrandAid as a division), Chick Smith Trott
(advertising and design), Cubo (promotional marketing), The Media Foundry
(public relations) and Tree (market research and data analysis). The Group
floated on the AIM market in February 2006.

www.cagneyplc.com




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