Interim Results

Heath(Samuel) & Sons PLC
6 December 2000

SAMUEL HEATH & SONS PLC

INTERIM STATEMENT

The result of the group for the half year ended 30 September 2000 which have
neither been audited nor reviewed by our external auditors were as follows:

                            Half year ended 30th    Half year ended 30th   Year
                                  September 2000          September 1999
                                                                          ended

                                                                           31st
                                                                          March

                                                                           2000
                                          £000's                  £000's £000's

TURNOVER
Export                                     2,030                   1,914  4,094
Home                                       3,673                   3,329  6,895
                                           5,703                   5,243 10,989

GROUP PROFIT before                          595                     490  1,369
taxation
Deduct: estimated                            179                     147    378
corporation tax

GROUP PROFIT after                           416                     343    991
taxation
Deduct: Dividends 5.0                        135                     127    303
pence per share
       (1999: 4.5 pence)                     281                     216    688

* EARNINGS per 10p SHARE                   15.4p                   12.1p  35.2p
(in pence)



RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS


Profit for the Period                               416         343         991
Dividends                                         (135)       (127)       (303)
Purchase of Own Shares                            ( - )       ( 22)       (233)
                                                    281         194         455

Opening Shareholders' Funds                       5,783       5,328       5,328
Closing Shareholders' Funds                       6,064       5,552       5,783



Earnings per share are based upon 2,700,212 ordinary shares, being the average
number of ordinary shares in issue during this half year (1999: £343,000
related to 2,836, 824 ordinary shares).


An interim dividend of 5.0 pence per share is proposed and will be payable on
29th March 2001 with a record date of 2nd March 2001.


Chairman's Statement

The result for the half-year were excellent and well above budget. Although
sales have held up well in the last two months, I must still be cautious for
the full year.

Meanwhile, to reflect the success of the first half, we are increasing the
interim dividend to 5.0 pence per share.

GROUP BALANCE SHEET
                                                     Unaudited
                                                                             At
                                        At 30th September 2000
                                                                31st March 2000
                                                        £000's           £000's

Tangible Fixed Assets                                    2,510            2,474

Current Assets                                           5,704            5,446
Creditors                                              (1,947)          (1,946)
Net Current Assets                                       3,757            3,500

Total Assets Less Current Liabilities                    6,267            5,974
Provision for Liabilities and Charges                    (203)            (191)
                                                         6,064            5,783

CAPITAL AND RESERVES
Called up Share Capital                                    270              270
Other Reserves                                           5,794            5,513
                                                         6,064            5,783


The result for the year ended 31st March 2000 are in abridged version of the
group's full accounts for that year which received an unqualified auditor's
report and have been filed with the Registrar of Companies.


A copy of this announcement will be sent to all ordinary Shareholders. Further
copies are available to members of the public from the Company's registered
office.


The interim financial statements have been prepared in accordance with
applicable accounting standards. The accounting policies applied are those set
out in the Annual Report and Accounts for the year ended 31st March 2000.


On behalf of the Board.


S B Heath

Chairman


END