Interim Results

On-Line PLC
22 March 2002

Embargoed for release 7.30am 22 March 2002.


                                  ON-LINE PLC

           Interim Results for the Six Months Ended 31 December 2001


On-line PLC today announces interim results for the six months ended 31 December
2001.


Business Highlights


•Profit of £142,000 for the period compared to losses in previous period.

•EPS of 2.35p against loss of (17.3p) Dec 2000 and loss of (54.3p) 30th 
 June 2001

•Floated Akaei Plc on AIM during July 2001

•AdvertWizard generating material turnover and now profitable on a monthly basis

•ADVFN revenues up by121%

•Group revenue growth in line with expectations


Chairman of On-line PLC, Michael Hodges commented, ' All our plans have moved
ahead and future prospects look very promising. '


For further information, please contact:

Michael Hodges           On-line PLC                 0208-591-1125

Fiona Kindness Grant Thornton                        0207-383-5100
Nominated Adviser




                                  ON-LINE PLC

                              Chairman's Statement


The past six months have seen us continue to build on the foundations we laid
over the past 5 years. Despite difficult conditions, we have concentrated on our
bottom line and worked tirelessly to optimise our businesses. This has resulted
in a profit of £142,000 for the first six months of this year.

ADVFN.COM PLC (http://www.advfn.com)

Turnover for the six months to the end of December was £681,000. This was a rise
of 121% over the revenue of our previous years interims and an increase of 39%
on the previous half-year. The loss for the six months was down by £229,000 to
£574,000 from £903,000 in the previous half-year and that includes over £300,000
of non-cash items.

ADVFN's sales have not been shown to be seasonal and during this period our
monthly turnover has grown steadily from £83,000 per month at the beginning of
the half-year to £134,000 in December. It has continued to grow since the period
end. We previously announced that ADVFN was expected to become profitable and
cash flow positive on an operational level within the first quarter of the New
Year and this occurred in February 2002.


ADVFN has now firmly established itself as the leading Internet destination for
private investors in the UK. Consequently we have seen solid growth in both
subscription and advertising revenue. The introduction of streaming in August
saw ADVFN once again successfully bring a new level of sophistication to the
site and into the market as a whole. This underlined our position as the highest
quality, lowest priced provider of information and tools to investors on the
Web.

This is an ongoing process, which has seen an increase in revenue at every
stage. By the end of the interim period ADVFN was fast approaching profitability
and it is pleasing to note we have continued to experience strong growth in
revenues in the New Year. ADVFN's underlying business model is a strong one. We
have high hopes that if we can continue to grow at the rates we have enjoyed
over the last two years we will become a high margin brand business.

We have achieved this under the worse market conditions for many years in a most
unfashionable sector. This period has seen the private investor in retreat and
suffering considerable setbacks. However ADVFN has experienced nothing but
growth, which suggests that even a modest improvement in the markets will be
extremely beneficial to us.

AKAEI PLC (http://www.akaei.com)

Akaei is in the initial stages of creating an exciting franchise for itself in
the Sport sector of the computer games business.


Akaei has teamed up with games development company Smoking Gun to develop and
publish a range of Soccer management games. The first two games to be published
under this new agreement will be Rangers Football Coach 2001-2002 season and
Celtic Football Coach 2001-2002 season.


This is the first phase of rolling out a broad range of endorsed products based
around famous UK and European teams. Both teams have been involved with these
projects and have given us great support and help to develop games that are
targeted at the fan base of each club directly.


Meanwhile Akaei continues to publish third party products and has a solid
pipeline going forwards.

ADVERTWIZARD LIMITED (http://www.advertwizard.com)


AdvertWizard is a digital advertising and marketing platform that makes Internet
marketing easy, instant and effective for businesses of any size. It offers
media owners the opportunity to earn revenue and free advertising, and it makes
it easy for businesses to promote their business on the internet via advertising
on its network via an automated self service system. This network technology is
then leveraged to offer marketing solutions to larger branded clients.



AdvertWizard has shown tremendous growth in the last six months. The automated
ad network has grown from serving 15m ads per month to over 100m. Unique
visitors viewing ads on the network have grown to nearly 7m.  With a new version
of AdvertWizard being launched in mid March 2002, On-line expects the revenue
growth of the network to accelerate in the months to

June. Online's aim is to make AdvertWizard one of the world's largest online
media properties over the next 12 months - allowing advertisers access to a
large audience at a price that few competitors can match. AdvertWizard already
offers the lowest prices for country targeted ad inventory in the market.



AdvertWizard was launched during 2001 and has grown consistently since then. It
is now generating material turnover which we expect to continue to grow at a
strong rate. AdvertWizard reached monthly profitability in December and is now
cashflow positive. The development of AdvertWizard's core technology into
marketing offerings for larger, branded clients has proved a great success and
has made a strong contribution to making the company cashflow positive. With new
products being launched in this area in the first months of 2002, we expect the
internet marketing side of the business, now called Equation, to maintain it's
strong rate of growth.


Based on progress so far, we have high expectations for AdvertWizard going
forward and feel that AdvertWizard is becoming a valuable digital advertising
platform in a lucrative new media sector. The AdvertWizard business was created
to take advantage of the growth in Internet Marketing and is expected to grow
its business significantly over the next 3 to 5 years.

The advertising industry is a massive one and we feel that its future lies in a
purely digital domain. AdvertWizard is one of the few businesses positioned to
ride this tide of change and we are therefore focusing on nurturing this
business in the hope it can capitalize on this momentous shift.


Michael Hodges
Chairman
22 March 2002


                                  ON-LINE PLC

                      CONSOLIDATED PROFIT AND LOSS ACCOUNT



  
                                                         Six months ended    Six months ended      Year ended
                                                         31 December 2001    31 December 2000     30 June 2001
                                                             Unaudited           Unaudited           Audited
                                                               £'000               £'000              £'000

Turnover                                                        1,177               1,334             1,464


Cost of sales                                                   (307)               (458)             (946)
                                                           __________          __________        __________
Gross profit                                                      870                 876               518

Administrative expenses:
Exceptional item - impairment review                            (300)                   -             (434)
Other                                                         (1,498)             (2,010)           (3,452)
                                                           __________          __________        __________
                                                              (1,798)             (2,010)           (3,886)
                                                           __________          __________        __________
Operating loss                                                  (928)             (1,134)           (3,368)

Exceptional item: profit on part disposal of                      880                   -                 -
subsidiaries

Net interest                                                     (25)                  65                66
                                                           __________          __________        __________
Loss on ordinary activities before taxation                      (73)             (1,069)           (3,302)


Tax on loss on ordinary activities                                  -                   -                 2
                                                           __________          __________        __________
Loss on ordinary activities after taxation                       (73)             (1,069)           (3,300)


Minority interest                                                 215                 166               384
                                                           __________          __________        __________
Profit retained / (loss sustained) for the period                 142               (903)           (2,916)

                                                           __________          __________        __________

Earnings / (loss) per ordinary share

Basic                                                           2.35p             (17.3p)           (54.3p)
Diluted                                                         2.35p             (17.3p)           (54.3p)



There were no recognised gains or losses other than the result for the financial
period.



Notes to the Interim Statement

  
1. The calculation of earnings/(loss) per share is based on the profit/(loss) on
ordinary activities after taxation and minority interest divided by the weighted
average number of shares in issue for the period which was 6,036,782 (5,210,000
in the six months ended 31 December 2000 and 5,366,000 in the year ended 30 June
2001).


2. The directors do not recommend the payment of an interim dividend.


                  
3. The financial information contained in this document does not constitute
statutory accounts within the meaning of Section 240 of the Companies Act 1985.
The financial information for the year ended 30 June 2001 is extracted from the
audited financial statements for that period on which the auditors gave an
unqualified report. A copy of those financial statements has been filed with the
Registrar of Companies.

                  
4. Copies of this statement are being posted to shareholders shortly and will be
available from the company's registered office at Crown House, Linton Road,
Barking, Essex, IG11 8HJ.



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