Final Results

GruppeM Investments PLC 18 November 2005 18 November 2005 For Immediate Release GRUPPEM INVESTMENTS PLC (LSE: GRP, 'GruppeM' or the 'Company') Final results for the period ended 31 July 2005 GruppeM Investments PLC today announces its unaudited final results for the financial period ended 31 July 2005. For more information please contact: GruppeM Investments Plc Kenny Chen/Paul McIlwaine Tel: +44 (0) 207 233 2952 Shore Capital and Corporate Limited Alex Borrelli Tel: +44 (0) 207 408 4090 Further information on GruppeM Investments Plc can be found on the Company's website: www.gruppemplc.com CHAIRMAN'S STATEMENT Following the Company's successful flotation on the AIM Market in February 2005, the investment policy of the Company continues to aim to exploit growth opportunities in the property sector and motor retailing within China. The market for high specification commercial property is growing rapidly whilst demand for high value European sports cars continues to outstrip supply. For the period ended 31 July 2005, the Company made a loss of £168,621, with general and administrative expenses amounting to £168,777, and a small amount of interest income. Included within expenses were £41,942 of legal fees and £109,971 of professional fees. At the year end the Company had net assets of £31,379 and cash of £94,746. In line with the amended AIM rules, a resolution will be proposed at the AGM to gain shareholder approval for the Company's investment strategy. The directors are confident that a suitable investment opportunity, in line with the Company's stated strategy, will be identified in the near future in order to generate increased shareholder value. Lord Marsh PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 31 JULY 2005 Period ended 31 July 2005 (unaudited) £ Administrative expenses - exceptional items 142,512 - other 26,265 ________ OPERATING LOSS (168,777) Interest received 156 ________ LOSS FOR THE PERIOD (168,621) -------- Loss per share Basic and fully diluted (0.17p) -------- All activities are classed as continuing. There are no recognised gains or losses other than the loss for the financial period. BALANCE SHEET AS AT 31 JULY 2005 31 July 2005 (unaudited) £ Current assets Debtors 8,185 Cash at bank 94,746 ________ 102,931 Creditors Amounts falling due within one year 71,552 ________ NET ASSETS 31,379 -------- EQUITY AND LIABILITIES Capital and Reserves Share Capital 200,000 Profit and loss account (168,621) ________ Equity shareholders' funds 31,379 -------- CASH FLOW STATEMENT FOR THE PERIOD ENDED 31 JULY 2005 Period ended 31 July 2005 (unaudited) £ Operating loss (168,777) Increase in debtors (8,185) Increase in creditors 71,552 ________ Cash outflow from operating activities (105,410) Return on investment and servicing of finance 156 Financing Proceeds on issue of shares 200,000 ________ NET INCREASE IN CASH FOR THE PERIOD 94,746 -------- RECONCILIATION OF NET CASH INFLOW TO MOVEMENT IN NET FUNDS Increase in cash for the period 94,746 ________ Net funds as at 31 July 2005 94,746 -------- ANALYSIS OF NET FUNDS Cash at bank 94,746 -------- NOTES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared in accordance with applicable accounting standards. The financial statements have been prepared under the historical cost convention and the principal accounting policies adopted are set out below. These period end statements do not constitute statutory financial statements within the meaning of Section 240 of the Companies Act 1985. Results for the period ended 31 July 2005 have not been audited. Foreign currency translations Foreign currency transactions are translated into sterling using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions are recognised in the income statement. Financial instruments The company's financial instruments comprise only cash at bank. Trade debtors and trade creditors have been excluded from the following disclosure, as permitted by Financial Reporting Standard 13. The company's policy is to obtain the highest possible rate of return on its cash balances, subject to having sufficient resources to manage the business on a day to day basis and not exposing the company to unnecessary risk of default. The company had no undrawn borrowing facilities at 31 July 2005. This information is provided by RNS The company news service from the London Stock Exchange

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