RNS Number:3894M
Broadstoner Hldgs PLC
17 May 2005


                           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 2005

                                                  2005                      2004
                                                  #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)


                          BALANCE SHEET AS AT 31 JANUARY 2005

                                                  2005                      2004
                                                  #000                      #000

CURRENT ASSETS

  Debtors                                      40,655                     40,805

CURRENT LIABILITIES

  Creditors                                      (13)                       (13)

TOTAL ASSETS                                   40,642                     40,792

CAPITAL AND RESERVES

  Share capital (including non-equity 
                 interests)                    30,625                     30,625

  Share premium account                         2,441                      2,441

  Profit and loss account                       7,576                      7,726

SHAREHOLDERS' FUNDS (including non-equity
                     interests)                40,642                     40,792

The preliminary statement of results for 2005 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 registrar 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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