56IF Lloyds Bk. 43

RNS Number:3944M
Broadstoner Hldgs PLC
31 October 2001

                          BROADSTONER HOLDINGS PLC

(The entire Ordinary share capital of the Company is held by Sears Limited)

                          INTERIM REPORT

Profit and Loss Account for the six months ended 31 July 2001

                                                  2001            2000
                                                  #m              #m

Net Operating Income                               -               -

PROFIT BEFORE TAXATION                             -               -

Taxation                                           -               -

PROFIT AFTER TAXATION                              -               -

Dividends on preference shares                   (0.1)           (0.1)

Attributable to equity shareholders              (0.1)           (0.1)

Dividends on ordinary shares                       -               -

DEDUCTED FROM RESERVES                           (0.1)           (0.1)



                          Balance Sheet as at 31 July 2001

                                                  2001           2000
                                                   #1             #1

CURRENT ASSETS
  Debtors                                         41.1            41.3

TOTAL ASSETS                                      41.1            41.3

CAPITAL AND RESERVES

   Called Up Share Capital (Including non equity
   Interests)                                     30.6            30.6
   Share Premium                                   2.4             2.4
   Profit and Loss account                         8.1             8.3

SHAREHOLDERS FUNDS (including non equity 
Interests)                                        41.1            41.3

NOTES

1. The Interim Report has been drawn up under the same accounting policies as 
those used for the Annual Report and Accounts for 2000/01. The report does not 
constitute statutory accounts and the figures are unaudited.

2. The company has taken advantage of the exemption provided in FRSI and has not
produced a Cash Flow Statement. The company is a wholly owned subsidiary of 
Sears Limited which in turn is a wholly owned subsidiary of January Investments 
Limited whose financial statements include a consolidated Cash Flow Statement 
dealing with the cash flows of the group.

3. A copy of this Interim Report will be posted to the shareholders and copies 
will be available from the Secretary, Broadstoner Holdings plc, Fourth Floor, 
Euston House, 132 Hampstead Road, London NW1 2PS.

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