RNS Number:1572Q
Bolton Group (International) Ld
25 January 2007

Bolton Group (International) Limited
25 January 2007



Interim Results for the six months ended 31 October 2006


Chairman's Statement


The Board of Bolton Group (International) Limited ('Group') real estate holding
and development group, announces the unaudited results for the six months ended
31 October 2006.


Results

The Group has made a loss before tax of #125,000 (2005: profit before tax:
#20,000).  The Directors are not able to recommend the payment of a dividend.


Review of operations


During the first six months of this financial year the Board has continued its
search for suitable property investment and development opportunities in
countries in the emerging markets.  Visits to those countries and further
important contacts have been made and a number of possible projects have been
identified, both in the commercial and residential sectors.


However, the Board is aware that no commitments should be made until it is fully
satisfied as to the likely return on any investment, having regard to the risks
that may be attached to that investment.


No income was received during the period and the financial results reflect
solely the various administrations, legal and other expenses incurred during the
period.




Michael Goletka
Chairman





Profit and loss account
For the six months ended 31 October 2006

                                           6 months to           6 months to           Year ended
                                         31 October 2006       31 October 2005        30 April 2006
                                           (Unaudited)           (Unaudited)            (Audited)


                                             #000                  #000                  #000

Turnover                                     -                     -                     174
Administrative expenses                      (125)                 (143)                 (339)

Operating profit / (loss)                    (125)                 (143)                 (165)

Interest payable                             -                     -                     (53)

Profit / (loss) on ordinary activities
before taxation
                                             (125)                 (143)                 (218)

Tax on profit / (loss) on ordinary           
activities                                   -                     -                     -
                                             

Profit / (loss) on ordinary activities                             
after taxation                               (125)                 (143)                 (218)

Exceptional and extraordinary items          -                     163                   588


Retained profit / (loss) for the year        (125)                 20                    370


Earnings per share                           (0.15)p               0.02p                 0.43p

Diluted earnings per share                   (0.15)p               0.02p                 0.43p





Balance sheet
at 31 October 2006

                                              As at                 As at              Year ended
                                         31 October 2006       31 October 2005        30 April 2006
                                           (Unaudited)           (Unaudited)            (Audited)

                                              #000                  #000                  #000
Fixed assets
Tangible assets                               -                     -                     -

Current assets
Debtors                                       -                     -                     -
Cash at bank and in hand                      -                     -                     -
                                              -                     -                     -

Creditors: amounts falling due within one     (512)                 (418)                 (387)
year

Net current liabilities                       (512)                 (418)                 (387)


Total assets less current liabilities         (512)                 (418)                 (387)


Creditors: amounts falling due after more
than one year                                 -                     -                     -

Net (liabilities) / assets                    (512)                 (418)                 (387)

Capital and reserves
Called up share capital                       861                   861                   861
Share premium account                         1,645                 1,645                 1,645
Profit and loss account                       (3,018)               (2,924)               (2,893)

Shareholders' funds - equity                  (512)                 (418)                 (387)





Preliminary Results



1.       The interim report has been prepared using accounting policies
consistent with those set out in the statutory accounts for the year ended 30
April 2006.

2.       The financial information for the six months ended 31 October 2006 is
unaudited and does not constitute statutory accounts within the meaning of
Section 240 of the Companies Act 1985. The figures relating to the year ended 30
April 2006 are an extract from statutory accounts on which the auditors gave an
unqualified audit report.

3.       The calculation of the earnings per share and diluted earnings per
share are based on the following profits / (losses) after taxation and weighted
average numbers of shares:


                                                 6 months ended 31    6 months ended 31     Year ended 30
                                                    October 2006         October 2005        April 2006
                                                    (Unaudited)          (Unaudited)          (Audited)

                                                       #'000                #'000               #'000
Earnings/(loss) per share
Profit/(loss) after tax (#'000)                          (125)                   20               370
Number of shares                                    86,138,238           86,138,238        86,138,238

Diluted earnings/(loss) per share
Profit/(loss) after tax (#'000)                          (125)                   20               370
Number of shares                                    86,138,238           86,138,238        86,138,238




4.       Copies of this interim report will be available to the shareholders and
the public from the group's registered office.








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