56IF Lloyds Bk. 43

RNS Number:9527Y
Broadstoner Hldgs PLC
21 May 2004



                         BROADSTONER HOLDINGS PLC
  (The entire ordinary share capital of the Company is held by Sears Limited)

                           PRELIMINARY RESULTS

          Profit and Loss Account for the year ended 31 January 2004


                                                                 2004     2003
                                                              -------  -------
                                                                 #000     #000

TURNOVER                                                           -        -
                                                              -------  -------

OPERATING PROFIT                                                   -        -

Net interest payable                                               -        -
                                                              -------  -------

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION                      -        -

Taxation                                                           -        -
                                                              -------  -------

PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION                       -        -

Dividends on preference shares                                  (150)    (150)

ATTRIBUTABLE TO EQUITY SHAREHOLDERS                             (150)    (150)

Dividends on ordinary shares                                       -        -
                                                              -------  -------
DEDUCTED FROM RESERVES                                          (150)    (150)
                                                              =======  =======


                         BROADSTONER HOLDINGS PLC
  (The entire ordinary share capital of the Company is held by Sears Limited)

                           PRELIMINARY RESULTS

                  Balance Sheet as at 31 January 2004

                                                                 2004     2003
                                                              -------  -------
                                                                 #000     #000

CURRENT ASSETS
     Debtors                                                  40,805   40,955

CURRENT LIABILITIES
     Creditors                                                   (13)     (13)

                                                              -------  -------
TOTAL ASSETS                                                  40,792   40,942
                                                              =======  =======
CAPITAL AND RESERVES
     Share capital (including non-equity interests)           30,625   30,625
     Share premium account                                     2,441    2,441
     Profit and loss account                                   7,726    7,876

                                                              -------  -------
SHAREHOLDERS' FUNDS (including non-equity interests)          40,792   40,942
                                                              =======  =======

The preliminary statement of results for 2004 is an abridged version of the
Company's audited full accounts and has been agreed with the Company's auditors.
 The statutory accounts will be filed with the register of companies in due
course.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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