6 October 2009

                             NEXUS MANAGEMENT PLC

                    ('Nexus Management' or 'the Company')

                                TRADING UPDATE

The Company announces that, further to the trading update made on
25 August 2009 where it advised the market that the Company's financial
performance for the year ending 30 September 2009 was dependent on a number of
large orders being fulfilled by Resilience and Nerd Force in the final quarter
of its reporting period, the Company has fulfilled several large orders in the
final quarter but three of the Resilience orders and one of the Nerd Force
franchise sales that were expected to be completed by 30 September 2009 have
been delayed. Purchase orders have been received for two of the Resilience
orders, but the Company's revenue recognition policy under IFRS requires that
these sales are recognised on delivery of the product and as a result these
sales will fall into the current financial year. As a result of these delays
the Company's turnover and profit before tax, interest, amortisation of
goodwill and exceptional items for the period ended 30 September 2009 will be
significantly lower than current market expectations.

Whilst this is a disappointment to the Board, it is still
considered by the Board to be a creditable performance given the poor
underlying worldwide economic trading conditions. The core businesses have
performed in-line with management expectations but both Resilience and Nerd
Force have taken longer to deliver consistent operating results than was
anticipated. The Board remains confident about the underlying trading
performance of these businesses in the current financial year.

The Company expects to make a pre-closing trading update in
November 2009 and announce its results for the year ended 30 September 2009 in
January 2010.

                                   --END--

Enquiries:

Nexus Management Plc                                          Tel: 01862 812 107
Roger Richardson, Chief Executive

John East & Partners Limited, a subsidiary of Merchant 
Securities Plc (Nomad)
Simon Clements                                                Tel: 020 7628 2200
David Worlidge

Rivington Street Corporate Finance (Broker)                   Tel: 020 7562 3351
Dru Edmonstone

Bishopsgate Communications Ltd                                Tel: 020 7562 3350
Robyn Samuelson
nexus@bishopsgatecommunications.com


About Nexus Management plc

Nexus Management is a growing specialist IT Managed Services Provider. Nexus has 
two key markets: the UK and the US, where it can offer its customers 24 hour support. 
Nexus specialises in Remote Server Management, Disaster Recovery, Data Storage, 
Help-Desk, Desktop Support and Wide Area Network Management and Monitoring - providing 
Enterprise calibre technical support.

Nexus is quoted on AIM, a market of the London Stock Exchange. For further information 
on the Company, please visit www.nexusmgmt.com .