Half-yearly Report

Analyst Investment Management Plc                       

                          Registration Number 3687441                          

                    Interim Unaudited Financial Statements                     

                     for the 6 Months Ended 31st May 2011      


                

                                   Contents

                                                                Page

              Directors' Statement                               3

              Profit and Loss Account                            4

              Balance Sheet                                      5





                         Analyst Investment Management Plc


Directors' Statement on the Unaudited Interim Results for the Six Months Ended
                               31st May 2011



The Company made a loss of £41,222 which compares to a loss of £33,884 in the
same period last year. Fee income increased to £30,580 (2010: £20,496) No
performance-related fees were earned during the interim 6 month period.

There has been a substantial increase in cost of sales, from £14,008 to £37,760
as a result of the investment managers, Paul Cosgrove and Vincente Sagrario who
have brought with them £18.1 million of assets under management. Vincente
Sagrario resigned as from 1 August 2011 to join a Russian hedge fund based in
Gibraltar. The administration costs increased marginally from £40,372 to 
£42,042.

The company had assets under management of approximately £20.0 million on 31
May 2011.

We have held discussions with several owners of fund management businesses
without success and continue to identify further opportunities to enhance the
business

This Statement has been prepared by and is the sole responsibility of the
directors of Analyst Investment Management plc.




CHAIRMAN                                   FINANCE DIRECTOR

Bharat Amin                                Surbjit Chadda

31 August 2011





                      Analyst Investment Management Plc

                           Profit and Loss Account
                    For the Six months ended 31 May 2011



                                       Unaudited    Unaudited      Audited

                                      Six Months   Six Months    12 months

                                        ended 31     ended 31     ended 30

                                        May 2011     May 2010     Nov 2010

                                           £             £            £

Turnover                                  30,580       20,496       43,129

Cost of sales                            (37,760)     (14,008)     (27,594)

                                          ______       ______       ______

Gross (loss)/profit                       (7,180)       6,488       15,535

Administrative expenses                  (42,042)     (40,372)    (101,938)

                                          ______       ______       ______
  
Operating loss                           (49,222)     (33,884)     (86,403)

Other interest receivable and 
 similar income                            8,000            -       10,000

                                          ______       ______       ______
  
Loss on ordinary activities
 before taxation                         (41,222)     (33,884)     (76,403)

Taxation                                       -            -            -

                                          ______       ______       ______
 
Loss on ordinary activities
 after taxation                          (41,222)     (33,884)     (76,403)

                                          ______       ______       ______

Loss per share (pence)                    (0.559)      (0.459)      (1.036)

                                          ______       ______       ______


The earnings per share are based on the loss after taxation of £41,222 (2010:
loss £33,884), and the weighted average number of ordinary 2.5 pence shares in
issue during the period of 7,377,777 shares, (2010: 7,377,777 shares). Ordinary
2.5 pence shares in issue at 31st May 2011 were 7,377,777.





                      Analyst Investment Management Plc


                                Balance Sheet
                             As At 31 May 2011




                                       Unaudited     Unaudited       Audited

                                        as at 31      as at 31      as at 30

                                        May 2011      May 2010      Nov 2010

                                           £              £             £

Fixed assets

Tangible assets                            9,933             -         8,249

Current assets

Debtors                                    3,173         7,277        28,846

Cash at bank and in hand                 344,533       433,603       368,258

                                          ______        ______        ______
                                         347,706       440,880       397,104

Creditors: amounts falling

due within one year                       (4,000)       (3,500)      (10,492)

                                          ______        ______        ______
  
Net Current Assets                       343,706       437,380       368,612

                                          ______        ______        ______

Net Assets                               353,639       437,380       394,861

                                          ______        ______        ______

Capital and reserves

Called up share capital                  184,444       184,444       184,444

Share premium account                  1,100,642     1,100,642     1,100,642

Profit and loss account                 (931,447)     (847,706)     (890,225)

                                         ______         ______        ______

Equity Shareholders' Funds              353,639        437,380       394,861

                                         ______         ______        ______