Commenting on the results, Kevin Lomax, Chief Executive, Misys, said:

"The lead indicators in our core businesses of banking and healthcare demonstrate encouraging progress. Our efforts to position the business for sustained growth are showing positive results.  While we are encouraged by this, we recognise that there is more to do in order to deliver increased value to our shareholders."

The figures in this trading update are unaudited and have been prepared in accordance with IFRS.

- Adjusted basic EPS* expected in the range of 6.0p to 6.5p per share compared with 6.8p last year
- Banking (like for like**): ILF order intake up 27% at £36m, closing ILF order book up 9% at £31m, total revenues up 10%
- Healthcare (like for like**): ILF order intake up 10% at £28m, closing ILF order book up 2% at £31m, total revenues up 5%
- General Insurance: good underlying performance
- Sesame: strong revenue performance. Disposal process on schedule

* Adjusted basic EPS is calculated pre exceptional items ,gains and losses on embedded derivatives  and amortisation of acquired intangible assets and is based on an average number of shares in issue of 485m.
** Where like for like data is provided, it is at constant exchange rates and excludes non comparable periods in respect of acquisitions and disposals

Further information on the results for the period under review on both an as reported and like for like basis is contained in the Notes to this trading update.

Group OverviewOur core markets of banking and healthcare continue to show encouraging growth, reinforcing the attractiveness of these markets. We are pleased with the progress that both our banking and healthcare businesses have made in growing order intake and revenues. This growth demonstrates that the substantial investment we are making in the development of our products is paying off. However, more remains to be done in order to deliver increased value to our shareholders.

Banking DivisionILF order intake increased by 27% with some encouraging new business wins. The closing ILF order book was £31m, up 9% on the prior year comparable period.

Total revenues were up 10%. On a reported basis revenues were up 12%. ILF revenues rose 35% against a relatively weak comparable period. Professional Services revenues fell by 2%, reflecting the impact of the contract deferrals highlighted in the trading update given at the AGM. We expect both the contracts concerned to make a material contribution to Professional Services revenues in future periods. Maintenance revenues were up 2%, again demonstrating the stability of our large customer base.

Principally as a result of the contract deferrals referred to above, the operating margin is expected to be around 12%, in comparison with 17% in the prior year.

Healthcare DivisionILF order intake increased by 10%. The closing ILF order book was £31m, up 2% on the prior year comparable period.

Total revenues were up 5%. On a reported basis revenues were up 8%. ILF revenues rose 2%. As we have previously indicated, Professional Services are becoming more significant in our sales mix as the shift in demand to clinical products continues. This contributed to total order intake being materially ahead of ILF order intake for the period. Professional Services revenues showed the strongest growth of all the revenue streams, up 15%. Maintenance revenues were up 7%.

Transaction processing revenues fell 2%, reflecting continued market pressure on pricing. We continue to look for new avenues of growth for this business.

Operating margin is expected to be slightly ahead of the 14% achieved in the prior year.

General InsuranceThis market leading business has continued to deliver good underlying performance. Revenues and operating margin are in line with last year.

We have appointed Lexicon Partners to assist the Board with the review of options to realise value from this business.

SesameRevenues in Sesame are 13% higher than in the prior year. This reflects a significant increase in RI productivity. We have seen an encouraging take-up in our new multi-tie proposition, Sesame Select, which was launched in July 2005. Around 600 financial advisers have been recruited into Sesame Select.

Operating profit is expected to be ahead of expectations, partly due to favourable timing effects and a stronger underlying trading performance.

Based on current revenue trends, our expectations for the full year are that Sesame’s operating profit will be around that achieved in the full year results for 2005.

To download the full trading statement, please click the link below:

For further information, please contact:Susan Cottam, Group Communications Director
Tel:   +44 (0) 20 7368 2305
Mob: +44 (0) 7957 807 721

Andrew Farmer, Head of Investor Relations
Tel:   +44 (0) 20 7368 2307
Mob: +44 (0) 7909 895 094

Josh Rosenstock, Corporate Communications Manager
Tel:   +44 (0) 20 7368 2327
Mob: +44 (0) 7921 910 914

Misys plc (FTSE: MSY), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries and the UK general insurance industry, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking it is one of the top four software providers worldwide and the largest outside the US, with over 1,200 customers, including 90% of the world’s top 50 banks. In healthcare it is a top five software provider in the US market, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance it is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, it is also a leading provider of support services to around 7,800 financial advisers in the UK. Misys employs over 6,000 people internationally and has customers in over 120 countries. For more information, visit www.misys.com