RNS Number:6468A
Broadstoner Holdings PLC
11 November 1999


BROADSTONER HOLDINGS PLC
and subsidiary undertakings
(The entire Ordinary share capital of the Company is held by Sears Limited)


INTERIM REPORT
FOR THE SIX MONTHS ENDED 31 JULY 1999



                                                            1999       1998
                                                             #m         #m
                     
Net operating income                                         0.3         -
Interest Receivable                                           -         0.1
                                                        --------   --------
PROFIT AFTER TAXATION                                        0.3        0.1
Taxation                                                      -          -
                                                        --------   --------
PROFIT AFTER TAXATION                                        0.3        0.1
Dividends on preference shares                              (0.1)      (0.1)
                                                        --------   --------
Attributable to equity shareholders                          0.2         -
Dividends on ordinary shares                                  -       (30.0)
                                                        --------   --------
ADDED TO/(DEDUCTED FROM) RESERVES                            0.2      (30.0)
                                                        ========   ========


NOTES

1.       The Interim Report has been drawn up under the same accounting
policies as those used for the Annual Report and Accounts for 1998/99.  The
Report does not constitute statutory accounts and the figures are unaudited.




END

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