2007 The Doubler Thread for the Year Ahead

GOI - Goindustry 18p

Check website, very busy. Closed over 100 sales
in December alone.

GoIndustry manages the complete process of selling used assets on behalf of corporations, insolvency practitioners, SMEs, leasing companies, and banks.

Industry and asset-specific knowledge is a strong factor driving the high level of service our clients expect. Our team has executed thousands of auctions, valuations, Negotiated Sales, Webcasts, and online sales in numerous asset categories including metalworking / machine tools, mining, and printing to opto-electronics, telecommunications equipment, and pharmaceuticals. GoIndustry staff work together across geographies to ensure that the benefit of a global pool of experience improves each project.

GoIndustry's team of highly-qualified and experienced project managers, direct marketing experts, set-up staff, webcast technicians, and payment settlement staff provide event management capabilities which match the specific needs of any project. This functional expertise, and a team of research experts enable us to manage truly unique events as diverse as the Millennium Dome and the Channel Tunnel with the same professionalism as the hundreds of sales we execute year.

Commenting on the results, GoIndustry CEO John Allbrook said: "The Group has
made excellent progress since its admission to AIM in January, as reflected in
these results, which show an inaugural operating profit and robust revenue
growth. GoIndustry is well placed to benefit from the vast opportunities in the
global industrial machinery and equipment market through the increasing use of
Online auctions. I believe that following an extensive restructuring period we
are beginning to turn the corner and that the Group will continue to strengthen
its position both financially and operationally."

In the first half of 2006 the Group held 387 sales events, generating more than
#48 million of Gross Asset Sales. Online penetration exceeded 50% of the number
of sales events conducted for the first time in the Group's history and these
Online auctions generated #19.1 million (39% share) of Gross Asset Sales. In
addition, the average Online auction realisation was #94,000 for the first six
months of 2006, a 106% increase when compared to the same period in 2005. These
improvements indicate how strongly the Group has driven the adoption of its
Online auction methodology, and how warmly our customers have received it.