Interim Results

White Knight Investments PLC
19 December 2001



                         WHITE KNIGHT INVESTMENTS PLC

                          REGISTERED NUMBER: 3937466

                                INTERIM REPORT

                                     FOR

                    THE SIX MONTHS ENDED 30 SEPTEMBER 2001



                         WHITE KNIGHT INVESTMENTS PLC

                              INTERIM STATEMENT

                                    *****


The company reports a trading loss for the six months ended 30 September 2001
amounting to £29,214.

During the financial period the Board has significantly reduced overheads.  In
addition, to reflect the change in the company's emphasis, the company changed
its name from Viking Internet Plc on 24 August 2001,  at which time Mr Erik
Wachtmeister left the Board.

The company currently has approximately £650,000 in the bank.  Accordingly,
the Board is examining all potential opportunities with a view to enhancing
shareholder value.

Mr Bruce Rowan whose ASX quoted company, Sunvest Corporation Limited has an
interest in 23.85% of the company, joined the board on 12 November 2001 to
assist in the direction of the company's activities.


N A Steinberg
Finance Director

19 December 2001



                         WHITE KNIGHT INVESTMENTS PLC

                UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
                      Six Months Ended 30 September 2001

                                                Six Months      Period Ended
                                           Ended 30.9.2001         31.3.2001
                                                         £                 £

Administrative expenses                            (45,203)         (300,564)
Provision for permanent diminution
in fixed asset investments                              -         (1,633,134)
Loss on disposal of fixed asset investments             -           (241,485)
Interest receivable                                 15,989             46,559
                                              -----------          -----------
(Loss) on ordinary activities before taxation     (29,214)        (2,128,624)
Tax on (loss) on ordinary activities                    -                  -
                                               ----------         ------------
(Loss) for the financial period                   (29,214)        (2,128,624)
                                               ==========         ============
(Loss) per ordinary share - basic                  (0.02p)            (1.86p)



                         WHITE KNIGHT INVESTMENTS PLC

         UNAUDITED CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2001

                                       30 September                31 March
                                           2001                      2001
                                      £            £            £           £

FIXED ASSETS                                     
Investments                                   29,209                        9

CURRENT ASSETS
Debtors                           5,450                        -
Cash at bank and in hand        680,548                  759,177
                             ----------               ----------
                                685,998                  759,177
CREDITORS: Amounts falling
  due within one year            46,890                   61,655
                              ---------              -----------

NET CURRENT ASSETS                           639,108                  697,522
                                          ----------             ------------

TOTAL ASSETS LESS CURRENT
LIABILITIES                                  668,317                  697,531   
                                          ==========            =============

CAPITAL AND RESERVES
Called up share capital                    1,300,000                1,300,000
Share premium account                      1,526,155                1,526,155
Profit and loss account                   (2,157,838)              (2,128,624)
                                        ------------             ------------

EQUITY SHAREHOLDERS' FUNDS                   668,317                  697,531

                                             =======                  =======



                           WHITE KNIGHT INVESTMENTS PLC

                  UNAUDITED CONSOLIDATED CASH FLOW STATEMENT

                        Six Months Ended  30 September 2001


                                            Six Months       Period Ended
                                       Ended 30.9.2001           31.03.01
                                      £           £         £           £

Net cash (outflow)/
from operating activities                   (65,418)             (238,909)

Returns on investments and
servicing of finance
Interest receivable              15,989               46,559
                               --------            ---------

Net cash inflow from 
returns on investment and 
servicing  of finance            15,989                46,559

Capital expenditure and 
financial  investment
Proceeds from sale of 
investments                                             2,758
Payments to acquire 
subsidiary undertaking                -              (237,460)
Payments to acquire fixed asset
investments                      29,200            (1,639,926)
                               --------          ------------

Net cash inflow/(outflow)
from capital expenditure                  (29,200)            (1,874,628)
                                       ----------         --------------
Net cash outflow before 
financing                                 (78,629)            (2,066,978)

Financing
Issue of ordinary share capital       -             2,826,155
(net of issue expenses)    ------------            ----------
                          
Net cash inflow from                            -              2,826,155
Financing
                                        ---------           ------------

Increase/(Decrease) in 
cash resources                            (78,629)               759,177
                                        ==========          ============



                         WHITE KNIGHT INVESTMENTS PLC

                   NOTES TO THE UNAUDITED INTERIM ACCOUNTS

                      Six Months Ended 30 September 2001


1    The calculation of earnings per share is based on the
     losses of £29,214 and on the number of shares in issue being the adjusted
     weighted average number of shares in issue totalling  130,000,000.
     (114,615,384 for period ended 31 March 2001).

     The fully diluted earnings per share is based on 130,000,000
     ordinary shares allowing for the full exercise of outstanding share 
     purchase options and the earnings as stated above.  There is no dilutive 
     effect in the period and in the previous period in accordance with FRS 14 
     paragraph 86.

2    The comparative figures were for the period 25 February 2000 to 31
     March 2001.

3    The interim statement for the period ended 30 September 2001 is unaudited 
     and was approved by the Directors on 19 December 2001.  The financial 
     information set out above does not constitute statutory accounts within the
     meaning of s.240 of the Companies Act 1985.

4    Copies of the Interim Report are available to the public free of     
     charge from the company at 138 Park Lane London W1K 7AS during normal 
     office hours, Saturdays, Sundays and bank holidays excepted, for 14 days 
     from today.