Half-yearly Report

20 July 2007

                                SILENTPOINT PLC                                

                       ("Silentpoint" or "the Company")                        

            Interim results for the six months ended 30 April 2007             

CHAIRMAN'S STATEMENT

Silentpoint, the investment company, today announces its unaudited results for
the six months ended 30 April 2007. The Company continued its strategy of
making investments during the period and at the balance sheet date had cash
balances of £449,913 and net assets of £1,382,000.

During the six months to 30 April 2007 the Company received £11,814 of net
interest income and also generated profits of £36,946 from the sale of
investments. In line with Silentpoint's previous conservative policy, holdings
in shares are not revalued until disposal but the investments are "marked to
market" and held on the balance sheet at the lower of cost or net realisable
value. Gains are only recognised on disposal.

As stated in the results for the year ended 31 October 2006, two of our earlier
investments have shown positive capital value improvements but remain in the
Company's balance sheet at the previously written down values. Xtract Energy
PLC which acquired Cambrian Oil & Gas PLC via a Scheme of Arrangement is
currently trading at a premium. The Company's largest investment is MEO
Australia, an emerging LNG/methanol producer. India Star Energy PLC, which
holds a joint venture interest in a uranium property in addition to interests
in two Canadian companies which provide exposure to platinum, palladium and
copper exploration, continues to fare well.

In addition, Silentpoint has a managed portfolio of other quoted investments
and continue to assess potential investments.

Outlook

We have made a number of investment disposals during the second half of the
financial year which should impact positively on our performance. The Board
anticipates a satisfactory outcome for the full year.

Haresh Kanabar
Chairman
20 July 2007


Further Enquiries:

Silentpoint plc             Smit Berry                       020 8656 4648     
                                                                               
                            Haresh Kanabar                   020 7297 0010     
                                                                               
John East & Partners        David Worlidge / Simon Clements  020 7628 2200     
Limited                                                                        


Profit and Loss Account
For the six months ended 30 April 2007

                                            Six months   Six months  Year ended
                                                 ended        ended  31 October
                                              30 April     30 April        2006
                                                  2007         2006   (audited)
                                           (unaudited)  (unaudited)           £
                                                     £            £            
                                                                               
Turnover - investment income                    36,946      231,391     245,910
                                                                               
Diminution in value of current asset                 -     (80,000)   (129,360)
investments                                                                    
                                                                               
Other operating expenses (net)                (38,097)     (70,486)   (111,595)
                                                                               
Operating (loss)/profit                        (1,151)       80,905       4,955
                                                                               
Other interest receivable and similar           11,814       11,579      22,515
income                                                                         
                                                                               
Profit on ordinary activities before            10,663       92,484      27,470
taxation                                                                       
                                                                               
Taxation                                       (2,026)     (18,000)     (6,661)
                                                                               
Profit on ordinary activities after              8,637       74,484      20,809
taxation                                                                       
                                                                               
Earnings per share - basic and diluted           0.05p        0.44p       0.12p


Balance Sheet
As at 30 April 2007

                                              As at         As at         As at
                                           30 April      30 April    31 October
                                               2007          2006         2006     
                                                                      (audited)
                                        (unaudited)   (unaudited)             £
                                                  £             £              
                                                                               
Fixed Assets                                                                   
                                                                               
Investments                                       1             -             1
                                                                               
                                                  1             -             1
                                                                               
Current assets                                                                 
                                                                               
Investments                                 826,066     1,126,204       792,088
                                                                               
Debtors                                     155,055        17,813       189,592
                                                                               
Cash at bank and in hand                    449,913       555,180       424,676
                                                                               
                                          1,431,034     1,699,197     1,406,356
                                                                               
Creditors falling due within one year      (48,737)     (197,029)      (32,696)
                                                                               
Net current assets                        1,382,297     1,502,168     1,373,660
                                                                               
Total assets less current liabilities     1,382,298     1,502,168     1,373,661
                                                                               
Capital and reserves                                                           
                                                                               
Share capital                               318,600       339,500       318,600
                                                                               
Share premium account                     1,076,496     1,076,496     1,076,496
                                                                               
Capital redemption reserve                   31,400        10,500        31,400
                                                                               
Profit and loss account                    (44,198)        75,672      (52,835)
                                                                               
Shareholders' funds - equity              1,382,298     1,502,168     1,373,661



Cash flow statement for the six months ended 30 April 2007

                                          Six months    Six months   Year ended
                                               ended         ended   31 October
                                            30 April      30 April         2006
                                                2007          2006    (audited)
                                         (unaudited)   (unaudited)            £
                                                   £             £             
                                                                               
Net cash inflow/(outflow) from                13,423      (51,503)     (94,250)
operating activities                                                           
                                                                               
Returns on investments and servicing          11,814        11,579       22,515
of finance                                                                     
                                                                               
Taxation                                           -             -     (16,274)
                                                                               
Net cash inflow/outflow before                25,237      (39,924)     (88,009)
financing and use of liquid resources                                          
                                                                               
Management of liquid resources                                                 
                                                                               
(Increase)/reduction in treasury            (10,152)       189,272      180,282
reserve deposits                                                               
                                                                               
Capital expenditure                                                            
                                                                               
Purchase of own shares                             -      (38,611)    (121,029)
                                                                               
Increase/(decrease) in cash in the            15,085       110,737     (28,756)
period                                                                         

Notes to the Interim Results

1. Basis of preparation

The interim accounts for the six months ended 30 April 2007 are unaudited and
do not constitute statutory accounts in accordance with section 240 of the
Companies Act 1985.

The financial statements have been prepared in accordance with currently
applicable Accounting Standards in the United Kingdom, which have been applied
consistently, and under the historical cost convention.

Accounting policies consistent with those applied in the financial statements
for the year ended 31 October 2006 have been used in preparing the unaudited
interim financial statements for the six months ended 30 April 2007.

2. Taxation

The charge for taxation is based on the profit for the period as adjusted for
disallowable items.

3. Dividends

The Directors are not declaring a dividend for the six months ended 30 April
2007.

4. Earnings per ordinary share

The calculation of basic and diluted earnings per share of 0.05 pence is based
on the profit for the period of £8,637 (2006: £74,484) and on 15,930,000 (2006:
16,998,077) ordinary shares, being the weighted average number of ordinary
shares in issue during the six months ended 30 April 2007.

5. Copies of interim results

Copies of the interim results are available from the Company's office, 84
Addiscombe Road, Croydon, Surrey CR0 5PP.