Final Results

Eyeconomy Holdings plc - Final results 31st December 2007

Final results 31st December 2007 and Chairman's statement

Eyeconomy Holdings PLC is pleased to announce its results for the twelve
months to 31st December 2007.

"2007 has been a year of discovery, confirmation and development at its 50%,
near surface copper zinc asset, Marshall Lake in Thunder Bay, Ontario,
Canada."

Comments Paul McGroary, Chairman Eyeconomy Holdings PLC.

Financial results

- Loss before tax GBP 133,368 (2006 GBP 42,827)

- Loss after tax GBP 118,639 (2006 GBP 16,541)

- Loss per share 0.81p (2006 0.12p)

- No dividend is proposed

Summary of the year

At Marshall Lake in January the December 2006 Gazooma find was confirmed with
a series of follow up drill holes all of which ran copper and zinc over
significant lengths including one which yielded 2.05 % copper over 26.90m
nearby.

In February we reported further drilling on the Main Billiton zone three
kilometres from Gazooma to the north east with results over 9.2 metres of
2.02% Zinc, 0.45% Copper. These results confirmed our expectations and give
support to the historical drill reports dating from the 1960s and 70s.

During April we reported finding 0.71% copper over 31.9 metres, from 40.7
metres to 72.6 metres depth, in an area 700 metres to the north of original
Gazooma discovery where no previous mineralisation had been identified. This
new discovery at North Gazooma opens the possibility that Gazooma may be part
of a much larger complex.

South Billiton was our first deeper drill target directly three kilometres
east of Gazooma where we discovered a brand new 15 metre wide copper zinc
mineralized zone. The target was selected using airborne geophysics and opens
up the possibility of multiple mineralized levels at the Marshall Lake camp.
Additionally this area may be linked to the Main Billiton zone 600 metres to
the north as well as another zone 300 metres to the south east.

Later in the year in a follow up drill program at Gazooma we identified

mineralization running 4.5% copper over 6.7m as part of a larger sequence
which ran 2.5% copper over a total of 14.8m.

Financing and other assets

During the year the company raised GBP136,000 in January at 20p a share and
then later in December GBP300,000 at 50p.

Our portfolio of equities has been impacted along with the rest of the market
and therefore its value has been adjusted accordingly. After recognizing this
year's realised profits on investments, the subsequent net loss was GBP
64,617.

Our GBP 206,000 fixed asset holding in Xtract Energy is valued at cost as in
previous years. The directors do not feel that any provision is required in
respect of this valuation at the present time.

Post balance sheet events

Drilling is underway at the present time and we expect to report to
shareholders of the progress at the forth coming annual meeting.

Change of name to Marshall Lake Mining plc

The directors intend to put a motion to the members that the company changes
its name to Marshall Lake Mining plc to better reflect the ongoing activities
of the company. To this end the company has launched its website at
www.mlmining.co.uk.

Annual and extraordinary general meetings

These will take place in July and shareholders will be notified in June, when
the accounts will be posted.

Yours sincerely
Paul McGroary
Chairman 
Eyeconomy Holdings plc
30th May 2008
07930 568160

Eyeconomy Holdings Plc
Audited Profit and Loss Account
for the year ended 31 December 2007
 
                                                                        2007       2006
                                                                           £          £
 
Administrative expenses                                             (74,751)   (30,706)
 
Operating loss                                                      (74,751)   (30,706)
 
Exceptional items:
profit on the disposal of investments                               122,686     10,601
decrease in the value of current asset investments                 (187,303)   (27,787)
                                                                    (64,617)   (17,186)
 
                                                                   (139,368)   (47,892)
 
Interest receivable                                                   6,109      5,065
 
Loss on ordinary activities before taxation                        (133,259)   (42,827)
 
Tax on loss on ordinary activities                                   14,620     26,286
 
Loss for the financial year                                        (118,639)   (16,541)
 
Retained loss for the financial year                               (118,639)   (16,541)
 
Basic loss per share                                                 (0.81p)    (0.12p)


Eyeconomy Holdings Plc
Audited Balance Sheet
as at 31 December 2007
 
                                                              2007                 2006
                                                                 £                    £
Fixed assets
Intangible assets                                          514,441              133,530
Investments                                                206,001              206,000
                                                           720,442              339,530
 
Current assets
Debtors                                           4,438                4,169
Investments                                     546,987            1,051,003
Cash at bank                                    440,488               42,126
                                                991,913            1,097,298
 
Creditors: amounts
falling due within one
year                                           (111,722)            (138,885)
 
Net current assets                                         880,191              958,413
 
Total assets less
current liabilities                                      1,600,633            1,297,943
 
Provisions for
liabilities and charges
Deferred taxation                                                -              (14,671)
 
                                                         1,600,633            1,283,272
 
Capital and reserves
Called up share capital                                     76,420               70,020
Share premium                                              709,408              279,808
Profit and loss account                                    814,805              933,444
 
Shareholders' funds:
Equity                                                   1,600,633            1,283,272
 

Approved by the board on 30th May 2008

The directors of Eyeconomy Holdings PLC accept responsibility for the contents
of this announcement.

Contact
Paul McGroary
Chairman
Eyeconomy Holdings plc
0793 056 8160