Interim Results

Readybuy PLC
29 January 2004

READYBUY PLC
CHAIRMAN'S STATEMENT

INTERIM RESULTS
Period from 29 April 2003 to 31 October 2003


Results

During its first trading period, the group has incurred a loss of £114,000 which
is in line with management's expectations.  This is largely due to expenditure
on product development, one-off costs and factory trials of new products pending
their planned launch in the second half of this financial year.


Outlook

The group has now developed an initial range of high-quality chilled Chinese
ready meals which are being presented to retail supermarkets.  The meals are
representative of the qualities inherent in the Yang Sing Restaurant recipes and
are aimed at the premium end of the market.

I am pleased to report that the range of products has been listed by a retail
supermarket group and sales commenced in January 2004.  Discussions are now
ongoing with other national retail supermarkets.

I would like to thank our highly motivated management team for ensuring the
successful launch of the Yang Sing product range.

The group was delighted to note that Harry Yeung (joint-proprietor of the Yang
Sing Restaurant in Manchester) was awarded an MBE for his contribution to the UK
catering industry in the New Year Honours List.  Harry is our product adviser
and he joins his brother, Gerry (a non-executive director), who was awarded a
similar honour last year.

Work continues on further product development to extend the range and the Board
is confident further listings will be achieved in the medium-term.



C E Davies
Chairman
29 January 2004




READYBUY PLC
CONSOLIDATED PROFIT AND LOSS ACCOUNT
for the period 29 April 2003 to 31 October 2003


                                                                     Unaudited
                                                                        Period
                                                          29/04/03 to 31/10/03
                                                                         £'000

Turnover
Continuing operations                                                        0


Operating loss

Continuing operations                                                      114


Loss on ordinary activities before interest                                114

Interest payable                                                             0

Loss before taxation                                                       114

Taxation                                                                     0

Loss after taxation                                                        114

Dividends                                                                    0

Retained loss in period                                                    114


Earnings / (Loss) per share
Basic and diluted                                                         (0.1p)






READYBUY PLC
CONSOLIDATED BALANCE SHEET
at 31 October 2003

                                                                     Unaudited
                                                                      31/10/03
                                                     £'000               £'000

Fixed assets
Goodwill                                                                   671
Tangible assets                                                            212
                                                                           883
Current assets
Debtors                                                 52
Cash at bank                                           659
                                                       711

Creditors falling due within one year                 (328)

Net current assets                                                         383

Total assets less current liabilities                                    1,266

Creditors falling due after one year                                       (46)

                                                                         1,220
Capital and reserves
Called up share capital                                                     90
Share premium account                                                    1,244
Profit and loss account                                                   (114)

Equity shareholders' funds                                               1,220





READYBUY PLC
CONSOLIDATED CASHFLOW STATEMENT
for the period 29 April 2003 to 31 October 2003

                                                                                                Unaudited
                                                                                                   Period
                                                                                     29/04/03 to 31/10/03
                                                                                £'000               £'000

Operating loss                                                                                       (114)
Depreciation and amortisation                                                                          42
Movement in working capital                                                                          (163)

Net cash outflow from operating activities                                                           (235)

Net cash outflow from capital expenditure and financial investment                                    (12)

Purchase of subsidiary undertaking, expenses and flotation expenses              (270)
Overdraft, net of cash, acquired with subsidiary undertaking                       (6)

Net cash outflow from acquisitions and disposals                                                     (276)

Net cash outflow before use of liquid resources and financing                                        (523)

Repayment of term loans                                                          (220)
Capital element of finance lease payments                                          (8)
Issue of ordinary share capital net of redemption                               1,169

Net cash inflow from financing                                                                        941

Increase in cash in period                                                                            418

Analysis of net funds

Cash at bank and in hand                                                                              659
Overdraft                                                                                            (241)
                                                                                                      418

Debt repayable by instalments:
Due within one year                                                               (24)
Due after more than one year                                                      (46)
                                                                                                      (70)
                                                                                                      348

Non-cash transaction
In September 2003, the Group acquired the whole of the issued share capital of
McDonald Yang Limited whose name was subsequently changed to Oriental Fine Foods
Limited.  The consideration of £435,000 was satisfied by the issue of ordinary
shares in the Company.





READYBUY PLC
INTERIM ACCOUNTS
for the period 29 April 2003 to 31 October 2003

Notes

1.   The company was incorporated in April 2003 and, therefore, there are no 
     comparative figures for the previous period.

2.   The results are unaudited and they do not constitute statutory accounts 
     within the meaning of Section 240 of the Companies Act 1985.

3.   The calculation of earnings per share for the period is based on the loss 
     after taxation divided by the average weighted number of ordinary shares in 
     issue being 9,295,367.



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