RNS Number:6381S
Tom Hoskins PLC
28 November 2003

TOM HOSKINS PLC

CHAIRMAN'S STATEMENT

My first period as Chairman of the company has seen some recovery in the
fortunes of AIM companies, bringing higher awareness of the advantages of
membership and a predicted increase in companies wishing to join. I am therefore
confident that our active search for a suitable acquisition target will bring
more opportunities for the company.

The loss for the half year at both pre and post tax was #24,575, and this is
attributable to the general administration costs which, of necessity, a company
which is quoted on AIM will incur in fulfilling its obligations.  Our largest
shareholder, HBBC Plc, has guaranteed our ongoing funding, pending the
identification of a suitable acquisition.

Finally I must thank my predecessor, Jimmy Dudgeon for all the hard work he put
into the company. Jimmy's contribution to ensuring the survival of the company
and in concluding the CVA process has left us with the potential to create value
for shareholders that I doubt would be available were it not for his efforts. I
am also pleased that Jimmy has agreed to continue as Company Secretary.



G A Hoodless



28 November 2003


 Profit And Loss Account For The Six Months Ended 31 August 2003


                                                       Unaudited         Unaudited                   Audited
                                                       31-Aug-03         31-Aug-02                 28-Feb-03
                                                         #                    #                     #


 Administrative expenses                               ( 23,394)           ( 24,988)               ( 38,999)

 Operating profit/(loss)                               ( 23,394)           ( 24,988)               ( 38,999)

 Profit/(loss) on ordinary activities
  before interest                                      ( 23,394)           ( 24,988)               ( 38,999)

 Interest receivable                                         109                 106                     172

 Interest payable and similar charges                   ( 1,290)              ( 530)                ( 1,310)

 Profit/(loss) on ordinary activities before
  and after taxation                                   ( 24,575)           ( 25,412)               ( 40,137)

 Basic profit/(loss) per share                       (0.09)pence          (0.10) pence        (0.160) pence



All amounts relate to discontinued activities.




Balance Sheet at 31 August 2003


                                                          Unaudited         Unaudited           Audited
                                                          31-Aug-03         31-Aug-02         28-Feb-03
                                                            #                 #                 #

Current assets
     Debtors                                                  6,544             5,955             1,501
     Cash at bank and in hand                                 5,344           119,196             4,529

                                                             11,888           125,151             6,030

Creditors:  amounts falling due within one year            (98,007)         (195,502)          (67,574)

Net current liabilities                                    (86,119)          (70,351)          (61,544)

Net liabilities                                            (86,119)          (70,351)          (61,544)

Capital and reserves
     Called up share capital                              2,184,636         2,182,282         2,184,636
     Share premium                                          467,421           446,243           467,421
     Profit and loss account                            (2,738,176)       (2,698,876)       (2,713,601)

Shareholders' funds - equity interests                     (86,119)          (70,351)          (61,544)




Cash Flow Statement for the Six Months Ended 31 August 2003


                                                        Unaudited        Unaudited        Audited
                                                        31-Aug-03        31-Aug-02       28-Feb-03
                                                            #                #               #

Reconciliation of operating (loss)/profit to net cash
inflow from operating activities

     Operating (loss)/profit                               (23,394)        (24,988)         (38,999)
     (Increase)/decrease in debtors                         (5,043)           5,392            9,846
     Increase/(decrease)in creditors                         30,433          14,504         (89,892)

Net cash inflow from operating activities                     1,996         (5,092)        (119,045)


Return on investments and servicing of finance

     Interest received                                          109             106              172
     Interest paid                                          (1,290)           (530)          (1,310)
                                                            (1,181)           (424)          (1,138)

Cash inflow before financing                                    815         (5,516)        (120,183)


Increase in cash in the period                                  815         (5,516)        (120,183)

Cash in hand and at bank at beginning of period               4,529         124,712           12,343

Cash in hand and at bank at end of period                     5,344         119,196        (107,840)




Notes to the Unaudited Interim Results.



 1. Publication of non-statutory accounts.



The financial information contained in these interim results, which is
unaudited, does not constitute accounts within the meaning of section 240 of the
Companies Act 1985.



 2. Taxation



There is no liability to Corporation Tax because of losses available to be
brought forward.



 3. Dividends



The directors do not recommend the payment of an interim dividend.



 4. Basic loss per share



The loss per share has been calculated using the weighted average number of
shares in issue during the relevant financial periods.  The loss per share for
the six months ended 31 August 2003 of 0.09p has been calculated on a loss after
taxation of #24,575 divided by 26,751,430 ordinary shares, being the number of
ordinary shares in issue throughout the period.  The loss per share for the six
months ended 31 August 2002 of 0.10p has been calculate on a loss after taxation
of #25,412 divided by 24,398,192 ordinary shares, being weighted average number
of ordinary shares in issue during the period.  The loss per share for the year
ended 28 February 2003 of 0.16p has been calculated on a loss of #40,137 after
taxation divided by 25,036,468 ordinary shares, being the weighted average
number of shares in issue that year.




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