Interim Results

To be embargoed until 25th July

                                                                         7.00am

               SILENTPOINT PLC. ('Silentpoint' or 'the Company')               

           Interim Results for the six months ended 30th April, 2005           

Silentpoint Plc, the investment company, today announces its interim results
for the six months to 30th April 2005.

Highlights

* The Company returned a pleasing result:

Profit before tax £57,497 (2004: £51,470 )

Earnings per share of 0.33p (2004: 0.29p)

Net assets per share of 8p (2004: 7.44p), based on investments valued at cost.

* The good performance reflects the benefits of continuing the policy of
investing in quality small quoted companies with prospects of capital growth.

* Cambrian Oil & Gas Plc prospect of early cashflows from water flooding
programme

* Acquisition of a 28.6% interest in India Star Energy Plc in March

* Current net cash, after that investment, of £700,000 (representing 4p per
share)

* Outlook continues to be encouraging

Commenting today Haresh Kanabar, Chairman, said 'What we have shown is that a
carefully managed portfolio has performed well in terms of both capital growth
and investment income. Until recently we have maintained relatively high levels
of cash and this has held back potential returns. The Board will seek to
accelerate the rate at which we make investments in the future although we
would caution that this may have an effect on our profitability in the short
term.'

Enquiries:

Smit Berry, Chief Executive, Silentpoint Plc 020 8656 4648

CHAIRMAN'S STATEMENT

I am pleased to report that the year has started well with a pretax profit of £
57,497 during the first half to 30 April 2005 which is an improvement over the
pretax profit of £51,470 reported at the interim stage last year. Earnings per
share increased to 0.33p (2003: 0.29p).

Profits on the sale of investments realised during the first half together with
interest received amounted to £99,844. As always, it is important to note that
we do not revalue investments but hold them on the balance sheet at the lower
of cost or net realisable value. Net assets were enhanced by the corporate
transactions during the period.

Currently almost 30% of AIM constituents in value terms comprise junior oil
plays and our expectation is that a vast number of the exploration plays will
require further rounds of funding in the months ahead. Against that backdrop,
whilst Silentpoint holds two investments in the resource sector, our
expectation is that the current investment cycle will continue to see investors
favouring maturing companies against emerging explorers and explorers that
remain well funded.

We have not ruled out looking at other sectors and feel that a technology
revival is underway which should also throw up attractive investment
opportunities. We currently have cash resources in excess of £0.7 million (4p
per share).

Cambrian Oil & Gas Plc (AIM: COIL)

When we made our investment earlier in the year in Cambrian Oil & Gas Plc, it
was on the prospect of the company being close to production. The company
remains well financed with cash of over £2 million.

Cambrian Oil's main operating subsidiary, Zhibek Resources Plc, previously a
division of Cambrian Mining Plc continues to be active in the Kyrgyz Republic,
part of the former Soviet Union and an established oil producing country.

It is continuing to operate its production sharing contract with Kyrgyzneftegas
to work over the Beshkent Togap field in the south-west of the country. This
field has more than 70 producing wells and has produced 4 million barrels of
oil to date and Cambrian Oil & Gas has therefore initiated a water flooding
programme to improve recovery rates and provide early cash flows for the
company with relatively low risk. Little modern technology has historically
been applied to the field and the construction of the water injection plant to
maximise flows is now nearing completion and the water injection will then
commence on a phased-rollout basis.

The development of the licence (72%) in the Tash Kumyr region, where the
company has used seismic data to identify five drilling targets is advancing
well and a decision to drill will be made following that. South Karagundai has
the potential to deliver a significant upside for shareholders. Cambrian Oil &
Gas continues to have an active program of screening new ventures and has
recently acquired additional oil-exploration acreage within the Kyrgyz
Republic.

India Star Energy Plc (AIM: INDY)

This investment was completed during the first half and India Star Energy Plc
has since been admitted to AIM. India Star Energy is a newly incorporated
company that was established to invest in or acquire interests in projects,
businesses or companies in the resource sector with a focus on energy.

The directors of India Star Energy anticipate that acquisitions will mainly be
in the non-renewable energy sector which includes oil, gas, coal and uranium.
With growth in manufacturing output demand for non-renewable energy sources in
its targeted geographies continues to increase. Earlier this month, India Star
announced that it has acquired a 50 per cent. interest in a joint venture to
develop uranium properties and has now acquired its first uranium property in
North Western Ontario. The company holds cash in excess of £0.8 million.

The uranium market remains buoyant and is driven by a growing recognition that
nuclear energy offers a clean and energy efficient fuel source that also emits
fewer greenhouse gases. Wholesale uranium prices have doubled during the past
18 months on expectations that nuclear power reactors being built in China,
India and Russia will drain inventories.

India Star is currently examining other energy investments in the oil and gas
sectors.

Outlook

What we have shown is that a carefully managed portfolio has performed well in
terms of both capital growth and investment income. Until recently we have
maintained relatively high levels of cash and this has held back potential
returns but the Board will seek to accelerate the rate at which we make
investments in the future although we would caution that this may have an
effect on our profitability in the short term.

Haresh Kanabar

Chairman

Profit and Loss Account

For the six months ended 30 April 2005

                           Notes       Six months      Six months  Period ended
                                            ended           ended              
                                                                  31st October,
                                      30th April,     30th April,          2004
                                             2005            2004              
                                                                      (audited)
                                      (unaudited)     (unaudited)              
                                                                              £
                                                £               £              
                                                                               
Other operating expenses                 (42,347)        (54,179)      (76,472)
                                                                               
OPERATING LOSS                           (42,347)        (54,179)      (76,472)
                                                                               
Investment Income                          99,844         105,649       177,176
                                                                               
PROFIT ON ORDINARY                         57,497          51,470       100,704
ACTIVITIES BEFORE                                                              
TAXATION                                                                       
                                                                               
Taxation                                        -               -             -
                                                                               
PROFIT FOR THE PERIOD                      57,497          51,470       100,704
                                                                               
Earnings per share                          0.33p           0.29p         0.58p

Balance Sheet

As at 30 April 2005

                                            As at          As at          As at
                                                                               
                                      30th April,    30th April,  31st October,
                                             2005           2004           2004
                                                                               
                                      (unaudited)    (unaudited)      (audited)
                                                                               
                                                £              £              £
                                                                               
Current Assets                                                                 
                                                                               
Investments                               665,229        299,133        173,213
                                                                               
Debtors and prepayments                    55,833          5,921         75,680
                                                                               
Cash at bank and in hand                  715,330      1,012,326        850,577
                                                                               
                                        1,436,392      1,317,380      1,099,470
                                                                               
Current Liabilities                                                            
                                                                               
Creditors                                (28,013)       (15,732)       (12,588)
                                                                               
Net Current Assets                      1,408,379      1,301,648      1,086,882
                                                                               
Net Assets                              1,408,379      1,301,648      1,350,882
                                                                               
Capital and Reserves                                                           
                                                                               
Share Capital                             350,000        350,000        350,000
                                                                               
Share Premium Account                   1,076,496      1,076,496      1,076,496
                                                                               
Profit and Loss Account                  (18,117)      (124,848)       (75,614)
                                                                               
Shareholders' Funds                     1,408,379      1,301,648      1,350,882

Notes to the Interim Results

1. Basis of preparation

The Interim accounts for the six months ended 30th April, 2005 are unaudited
and do not constitute statutory accounts in accordance with section 240 of the
Companies Act 1985.

2. Dividends

No dividend is proposed for the six months ended 30th April, 2005.

3. Taxation

On the grounds of brought forward losses, there is no taxation charged to the
profit and loss account in this period.

4. Earnings per share

The earnings per share has been calculated by dividing the profit after
taxation for the period of £57,497 (2004: £51,470) by the weighted average
number of ordinary shares of 17,500,000 (2004: 17,500,000) in issue during the
period.

5. Copies of the Interim results are available from 84 Addiscombe Road,
Croydon, CR0 5PP.