Interim Results

Archimedia Ventures PLC
29 September 2005


                            Archimedia Ventures plc

                        ('Archimedia' or the 'Company')

                              Interim Announcement


The Company announces its maiden interim results for the period from
incorporation on 28th February 2005 until 30th June 2005. There was a turnover
of £nil, and a loss after tax of £7,854. No directors received any remuneration
during the period.

The directors do not recommend the payment of a dividend.

Since the Company's successful admission to AIM in March 2005, the Company has
evaluated a number of potential investments and continues to do so. On 5 August,
the Company announced that it had acquired rights to develop formats for  '
Victor Predictor', the internet based football prediction game; preliminary
discussions are now underway to develop a broadcast format and Archimedia has
commissioned a treatment for its development


For further information:

Archimedia Ventures plc:  Noel Healy, 07770 980214



Profit and Loss Account
For the period 28 February 2005 to 30 June 2005
                                                                                              Period ended
                                                                                              30 June 2005
                                                                                               (unaudited)
                                                                                   Note                  £

Turnover                                                                                                 -

Administrative expenses                                                                              7,900

Operating loss                                                                                       7,900

Interest receivable                                                                                     46

Loss on ordinary activities before taxation                                           1              7,854

Taxation                                                                                                 -

Loss on ordinary activities after taxation                                                           7,854



Basic and diluted earnings per ordinary share (pence)                                              (0.01)p


Dividends per share (pence)                                                                          0.00p




Balance Sheet
At 30 June 2005
                                                                                              30 June 2005
                                                                                               (unaudited)
                                                                                   Note                  £

Cash at bank                                                                                       172,878
Debtors                                                                                              3,684

                                                                                                   176,562

Creditors                                                                                              500

Net Assets                                                                                         176,062



Called up share capital                                                               2            116,667
Share premium account                                                                 3             67,249
Profit and loss account                                                                            (7,854)

Equity shareholders' funds                                                                         176,062

Net assets per share (pence)                                                          4               1.5p





Cashflow Statement
For the period 28 February 2005 to 30 June 2005
                                                                                              Period ended
                                                                                              30 June 2005
                                                                                               (unaudited)
                                                                                   Note                  £

Net cash outflow from operating activities                                                        (11,084)

Returns on investments and servicing of finance
Interest received                                                                                       46

Financing
Proceeds of issue of ordinary shares                                                               250,000
Expenses of share issue                                                                           (66,084)

Increase in cash                                                                                   172,878




Notes to the Interim Report
     
1.   Loss on ordinary activities before taxation

The loss for the period comprises administrative overheads incurred in the
period.

2.   Called up share capital

The issued share capital comprises 11,666,660 ordinary shares of 1p each,
consisting of 200 ordinary shares of 1p each issued as two £1 subscriber shares
on incorporation and converted into 1p shares on 9 March 2005, 4,999,800
ordinary shares of 1p each issued on 10 March 2005, and 6,666,660 ordinary
shares of 1p each issued on 23 March 2005.

3.   Share premium

The share premium account comprises:

Premium arising on issue of ordinary shares in the period                                          133,333
Expenses of share issue                                                                           (66,084)

At 30 June 2005                                                                                     67,249
     
4.   Net assets per share

The calculation of net assets per share is based on the net assets at the end of
the period of  £176,062 and on the number of ordinary shares in issue
(11,666,660) at 30 June 2005.

5.   Preparation of Interim Report

The directors approved the interim financial information for the period from
incorporation to 30 June 2005 on 28 September 2005.

6.   Financial information

The financial information in this statement does not constitute statutory
accounts within the meaning of section 240 of the Companies Act 2005.

7.   Accounts

Copies of the Interim Report are available for collection from City Financial
Associates, Pountney Hill House, 6 Lawrence Pountney Hill, London, EC4R 0BL
during normal office hours, or by post from the Company's Registered Office, 14
St Paul's Road, Richmond, Surrey, TW9 2HH


                      This information is provided by RNS
            The company news service from the London Stock Exchange