Results for the 15 months ended 31 December 2008

Hertford (ticker: HIG.L), an AIM listed financial services company, is pleased to announce its results for the 15 months ended 31 December 2008.

Highlights:

• Product range developed that reflects current consumer demand

• £2,250,000 of new finance raised through the issue of convertible loan notes

Post period end:

• Completion of the acquisition of Cheque Exchange Limited from Provident Financial

• Launch of new 'Eclipse' pre-paid debit card in February 2009

• £1,365,050 of additional finance raised

Commenting on the results, Chairman Paul Marks said: "The focus of our management team during the period under review was on stabilising and positioning the Company to ensure that full advantage can be extracted from the significant, potential growth opportunities now available to us.

Having completed the acquisition of CEL and made strong progress against our strategy of securing distribution as a priority, the Board feels that the Group is well positioned to provide a relevant and diversified range of products and services that genuinely reflect the current difficult times that consumers are facing.

The Directors remain committed to evaluating value enhancing acquisitions, joint ventures and business to business relationships and will continue to explore suitable opportunities as they arise."