Interim Results to 31 October 2007

Chairman’s Statement

The Company’s performance for the six months to 31 October 2007 has shown an 8.5% increase in turnover to £1.95 million (2006: £1.80 million), which generated profit before taxation of £134,751 (2006: £265,597). The improvement in turnover has come from overseas F.O.B. business, which continues to grow albeit at a reduced margin.

Whilst this improvement in turnover is welcome news, the UK Christmas sales have been further compressed into the November and December second half results and are therefore, excluded from these figures.

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