Interim Results

Readybuy PLC
26 January 2006


                                  Readybuy Plc

         Interim Announcement for the six months ended 31 October 2005


Chairman's Statement


The results for the six months to 31 October show a loss of £85,000. This
reflects the costs of closure of the manufacturing facility and also a
termination payment to the former Chief Executive.


The group has now exited completely from chilled food manufacturing.


The ongoing costs are now minimal as the board seeks to preserve as much cash as
possible. We continue to explore a number of opportunities and I hope to be able
to announce some progress in the near future.


Colin Davies

Chairman



READYBUY PLC
GROUP PROFIT AND LOSS ACCOUNT
for the six months to 31 October 2005

                                                            Unaudited            Audited             Unaudited
                                                          6 months to            Year to           6 months to
                                                           31/10/2005         30/04/2005            31/10/2004
                                           Notes                                                         £'000
                                                                £'000              £'000

Turnover                                                            4                313                   139
                                                               ______             ______                ______

Operating loss                                                   (84)              (252)                 (137)

Provision for loss on operations to be discontinued                 -              (804)                     -
                                                               ______             ______                ______

Loss on ordinary activities before interest                      (84)            (1,056)                 (137)

Net interest                                                      (1)                (2)                   (1)

                                                               ______             ______                ______

Loss before taxation                                             (85)            (1,058)                 (138)

Taxation                                                            -               (45)                     -

                                                               ______             ______                ______

Loss after taxation                                              (85)            (1,103)                 (138)

Dividends                                                           -                  -                     -

                                                               ______             ______                ______

Retained loss                                                    (85)            (1,103)                 (138)


                                                               ______             ______                ______
                                                           ----------        -----------            ----------

Loss per share
Basic and diluted                                   3          (0.4)p             (6.1)p                (0.8)p


Dividends per share                                                 -                  -                     -


The group's trading activities were terminated in July 2005, therefore all of
the above activities are classified as discontinued.



READYBUY PLC
GROUP BALANCE SHEET
at 31 October 2005


                                                                      Unaudited           Audited         Unaudited
                                                                     31/10/2005        30/04/2005        31/10/2004
                                                                          £'000             £'000             £'000

Fixed assets

Goodwill                                                                      -                 -               629
                                                                              
Tangible assets                                                               -                 -               208
                                                                              
                                                                         ______            ______            ______

                                                                              -                 -               837
                                                                              
Current assets
Stock                                                                         -                 2                17
                                                                              
Debtors                                                                       3                44               116
Cash at bank                                                                 38               169               276
                                                                         ______            ______            ______
                                                                             41               215               409
                                                                         ______            ______            ______

Creditors falling due within one year                                       (5)             (194)             (334)
                                                                         ______            ______            ______
                                                                         
Net current assets                                                           36                21                75
                                                                         ______            ______            ______

Total assets less current liabilities                                        36                21               912

Creditors falling due after one year                                          -                 -              (16)
                                                                         ______            ______            ______

                                                                             36                21               896
                                                                         ______            ______            ______
                                                                    -----------        ----------        ----------
                                                                    
Capital and reserves
Called up share capital                                                      97                93                90
Share premium account                                                     1,425             1,329             1,242
Profit and loss account                                                 (1,486)           (1,401)             (436)
                                                                         ______            ______            ______

Equity shareholders' funds                                                   36                21               896
                                                                         ______            ______            ______
                                                                    -----------        ----------        ----------
                                                                    


   READYBUY PLC
   GROUP CASHFLOW STATEMENT
   for the six months ended 31 October 2005
                                                                          Unaudited         Audited         Unaudited
                                                                     6 months to            Year to       6 months to
                                                                         31/10/2005      30/04/2005        31/10/2004
                                                                              £'000           £'000             £'000

   Operating loss                                                              (84)           (252)             (137)
   Gain on sale of fixed assets                                                (25)               -                 -
   Depreciation and amortisation                                                  -              67                33
   Movement in working capital                                                 (21)             105              (17)

   Net cash outflow from operating activities                                 (130)            (80)             (121)

   Net cash outflow from servicing of finance                                   (1)             (2)                 -

   Net cash inflow/(outflow) from capital expenditure and                        25             (8)               (6)
   financial investment

   Net cash outflow before use of liquid resources and financing              (106)            (90)             (127)


   Capital element of finance lease payments                                   (25)            (34)              (25)
   Repayment of convertible loans                                             (100)               -                 -
   Issue of ordinary share capital net of redemption                            100              90                 -

   Net cash (outflow)/inflow from financing                                    (25)              56              (25)

   Decrease in cash in the period                                             (131)            (34)             (152)


   Analysis of net funds

   Cash at bank and in hand                                                      38             169               276
   Overdraft                                                                      -               -             (225)

                                                                                 38             169                51

   Debt repayable by instalments:
   Due within one year                                                            -            (25)              (18)
   Due after more than one year                                                   -               -              (16)

                                                                                 38            (25)              (34)

                                                                                 38             144                17






READYBUY PLC
INTERIM ACCOUNTS
for the six months to 31 October 2005


Notes


1       The unaudited results for the six month period have been prepared on a basis consistent with the
        accounting policies disclosed in the Group's 2005 accounts and do not constitute statutory accounts
        within the meaning of Section 240 of the Companies Act 1985.


2       The figures for the period ended 30 April 2005 have been extracted from the statutory accounts which
        have been delivered to the Registrar of Companies and received an unqualified audit report.


3       The calculation of earnings per share for the period is based on the loss after taxation divided by
        the average number of ordinary shares in issue, being 19,240,387 (31 October 2004 - 17,994,010 and
        period ended 30 April 2005 - 18,066,870).



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