Final Results

For Immediate Release

                                                                   5 April 2006

               SILENTPOINT PLC ("Silentpoint" or "the Company")                

            Preliminary results for the year ended 31 October 2005             

Silentpoint today announces its results for the year ended 31 October 2005.

Highlights:

  * Profit before tax : £131,687 (2004: £100,704);
   
  * Earnings per share 0.66p (2004: 0.58p);
   
  * Acquisition of interest in India Star Energy PLC ("India Star") which
    through a joint venture holds interests in platinum, paladium and uranium
    assets;
   
  * Net cash, after above investments, of £633,715 as at 31 October 2005; and
   
  * Performance reflects benefit of continuing the policy of investing in
    quality small companies with prospects of capital growth.
   
Commenting today, Haresh Kanabar, Chairman, said: "Our investments to date
demonstrate the successful implementation of the Board's strategy."

5 April 2006

Enquiries:

Smit Berry - Chief Executive 020 8656 4648

Haresh Kanabar - Chairman 020 7297 0010

Chairman's statement

Dear Shareholder,

I am pleased to be writing to you again to report that we have completed
another satisfactory year in respect of our results. The profit before tax of £
131,687 for the year is an improvement over the £100,704 reported last year. It
represents gains from current asset disposals and lower interest receivable on
the Company's cash balance. Net cash balances at the year end amounted to £
633,715.

Our performance to date demonstrates the successful implementation of the
Board's strategy. The year represents a milestone as we now have available
distributable reserves for the first time in the Company's history although no
dividend is proposed at this time as the Directors believe it prudent to
continue to seek to deliver capital growth for shareholders.

Our purpose is to create value for shareholders by finding a balanced solution
offering significant growth for the Company's funds, whilst the risks are
mitigated as much as possible. These results reflect the benefit of continuing
the policy of investing in quality small companies with prospects of capital
growth.

Investment Review

In my interim statement I noted that with junior oil plays representing almost
30 per cent. of AIM constituents in value terms there would continue to be a
polarisation of investor interest towards those companies which were at
production stage and away from those at exploration stage. This remains our
view on the investment cycle and with the deemed concentration of risk we have
recently reduced our interest in Cambrian Oil & Gas Plc but remain a
significant shareholder. Profit from this disposal will fall into the current
year.

Cambrian Oil & Gas, an independent oil and gas company, continues to perform in
line with management expectations and remains well financed. Cambrian Oil &
Gas, through its main operating subsidiary, Zhibek Resources PLC, has
continuing focus on oil exploration, development and production activities in
the former Soviet Union with three operational projects in the Krygz Republic.
These projects include the Beshkent water injection project; the Tash Kumyr
exploration project - an exploration licence area with five prospects; and an
intermountain basin exploration licence area which adjoins Lake Toktogul.

The most advanced project is the production sharing contract with
Kyrgyzneftegas to work over the Beshkent Togap field in the southwest of the
country. The field has over 70 production wells and Cambrian Oil & Gas
initiated a water flooding programme in October to improve recovery rates and,
if successful, deliver early cashflows for the company. Cambrian Oil & Gas has
also begun processing 100km of 2D seismic data relating to the company's Tash
Kumyr licence.

During the year, Cambrian Oil & Gas also acquired an interest in Elko Energy
Inc, which holds the largest permit in the Danish waters of the North Sea and
an interest in a re-development project in China. The transaction was supported
by Cambrian Mining Plc which co-invested. Cambrian Oil & Gas continues to have
a right of first refusal over all oil projects sourced by Cambrian Mining Plc.

During the year, we also acquired a holding of 40 million shares in India Star
Energy plc, a company whose shares were admitted to AIM in March 2005. A number
of opportunities were examined by its board and it has concluded two
transactions. In July 2005, India Star Energy plc acquired an interest in a
joint venture to develop uranium properties. More recently, in February 2006 it
acquired a strategic stake in platinum group metal company, Canadian Golden
Dragon Limited, which provides it with access to two late stage opportunities.

Our investment portfolio holds a number of other quoted investments and has
performed well in terms of capital growth. As indicated at the half year stage,
we have taken a decision to increase the size of holdings and accelerated the
rate of investments, although we would caution that this may affect reported
profitability in the short term as we hold investments at the lower of cost or
realisable value.

Outlook

We view the results as satisfactory and the board remain enthusiastic and
ambitious to drive Silentpoint forward. I thank shareholders for their
commitment.

Haresh Kanabar

Chairman

5 April 2006

PROFIT AND LOSS ACCOUNT

For the year ended 31 October 2005

                                   Notes            2005                   2004
                                                                               
                                                       £                      £
                                                                               
Turnover - investment income                     203,974                171,910
                                                                               
Diminution in value of current                  (20,000)               (30,000)
asset investments                                                              
                                                                               
Other operating expenses (net)                  (84,426)               (76,472)
                                                                               
Operating profit                                  99,548                 65,438

Other interest receivable and                     32,139                 35,266
similar income                                                                 
                                                                               
Profit on ordinary activities                    131,687                100,704
before taxation                                                                
                                                                               
Taxation                                        (16,274)                      -
                                                                               
Profit/(Loss) on ordinary                        115,413                100,704
activities after taxation                                                      
                                                                               
Earnings per share-basic and                       0.66p                  0.58p
diluted                                                                        

The operating profit for the year arises from the company's continuing
operations.

No separate statement of total recognised gains and losses has been presented
as all such gains and losses have been dealt with in the profit and loss
account.

BALANCE SHEET

As at 31 October 2005

                                                      2005                 2004
                                                                               
                                                         £                    £
                                                                               
Fixed assets                                                                   
                                                                               
Investments                                              -              264,000
                                                                               
                                                         -              264,000
                                                                               
Current assets                                                                 
                                                                               
Investments                                        766,914              173,213
                                                                               
Debtors                                             96,240               75,680
                                                                               
Cash at bank and in hand                           633,715              850,577
                                                                               
                                                 1,496,869            1,099,470
                                                                               
Creditors: amounts falling due                    (30,574)             (12,588)
within one year                                                                
                                                                               
Net current assets                               1,466,295            1,086,882
                                                                               
Total assets less current                        1,466,295            1,350,882
liabilities                                                                    
                                                                               
Capital and reserves                                                           
                                                                               
Share capital                                      350,000              350,000
                                                                               
Share premium                                    1,076,496            1,076,496
                                                                               
Profit and loss account                             39,799             (75,614)
                                                                               
Shareholders' funds-equity                       1,466,295            1,350,882
interests                                                                      

CASH FLOW STATEMENT

For the year ended 31 October 2005

                                                       2005                2004
                                                                               
                                                          £                   £
                                                                               
Net cash outflow from operating                   (232,727)            (59,508)
activities                                                                     
                                                                               
Returns on investments and servicing                 32,139              35,266
of finance                                                                     
                                                                               
NET CASH OUTFLOW BEFORE FINANCING                 (200,588)            (24,242)
AND USE OF LIQUID RESOURCES                                                    
                                                                               
Management of liquid resources                      205,908              34,102
                                                                               
Taxation                                           (16,274)                   -
                                                                               
(Decrease)/Increase in cash in the                 (10,954)               9,860
period                                                                         
                                                                               
RECONCILIATION OF NET CASH FLOW TO                                             
MOVEMENT IN NET FUNDS                                                          
                                                                               
(DECREASE)/INCREASE IN CASH IN THE                 (10,954)               9,860
PERIOD                                                                         
                                                                               
Cash inflow/(outflow) from increase                 407,793           (190,739)
in liquid resources                                                            
                                                                               
Change in net funds resulting from                  396,839           (180,879)
cash flows                                                                     
                                                                               
Non-cash movement of funds                         (20,000)            (30,000)
                                                                               
MOVEMENT IN NET FUNDS IN THE PERIOD                 376,839           (210,879)
                                                                               
NET FUNDS AT 1 NOVEMBER 2004                      1,023,790           1,234,669
                                                                               
NET FUNDS AT 31 OCTOBER 2005                      1,400,629           1,023,790

Notes to the Preliminary Results

 1. The financial statements have been prepared under historical cost
    convention and in accordance with applicable accounting standards.
   
 2. No dividend is proposed for the year ended 31 October 2005.
   
 3. Basic earnings per ordinary share has been calculated using the weighted
    average number of shares in issue during the financial year. The weighted
    average number of equity shares in issue is 17,500,000 (2004: 17,500,000)
    and the profit after tax is £115,413 (2004: £100,704).
   
 4. The financial information set out in this preliminary announcement does not
    constitute statutory accounts as defined in Section 240 of the Companies
    Act 1985. The profit and loss account for the year ended 31 October, 2005,
    the balance sheet as at 31 October, 2005 and the cash flow statement and
    associated notes for the year then ended have been extracted from the
    Company's financial statements upon which the auditors have given an
    unqualified audit report. Those financial statements have not yet been
    delivered to the Registrar of Companies. The 2004 accounts have been
    delivered to the Registrar of Companies and the auditors reported on them,
    their report was unqualified and did not contain a statement under Section
    237(2) or (3) of the Companies Act 1985.
   
 5. Copies of the annual accounts are being sent to shareholders and are
    available from the Company's registered office, 84 Addiscombe Road,
    Croydon, Surrey CR0 5PP.