Interim Results - 6 Months to 30 September 1999

Real Time Control PLC
14 December 1999

Real Time Control plc ('RTC' or the 'Company')

Interim results for the half year ended 30 September 1999

Chairman's Statement

I am pleased to report that we have once again achieved our objective for
organic growth in the six months ended 30th September 1999 with an 8% increase
in revenues from £8.6 million to £9.3 million and 25% in operating profit from
£1.46 million to £1.82 million, compared with the same period last year. EPS
amounted to 21.8p for the period (1998: 18.5p) and cash balances increased to
£14.1 million at 30th September 1999.

Revenue resulting from the sale of software and services increased during the
period and operating margins improved to 20% from 17%, against the comparable
period last year.

We have experienced high levels of activity in the implementation of retail
systems in the run up to the millennium, and the business has performed well
in the period. I am pleased to report that we continue to enjoy a positive
response to RTC's market leading retail systems products. We are confident
that we will be able to convert this interest into future business. 

Reflecting the high level of activity since my last statement, I am pleased to
welcome First Quench (the combined Off Licence chain of Victoria Wine &
Thresher), Whittards, Mackays, Orange, Carpetright, Caviar House and Phase 8
to the list of users of RTC retail applications. In addition we have supplied
latest generation software for a complete systems replacement for Selfridges'
Oxford Street store. I am particularly pleased to be able to welcome Little
Chef - Granada's roadside catering business, as the first major implementation
of RTC's new Point of Sale application for hospitality. 

We continue to regard the development of the Continental European market as a
key element of our strategy. Since my last report C&A have rolled-out systems
in both Germany and the UK and undertaken the preparation for a Europe wide
implementation next year. As a result of these activities I expect to see
continued progress in this market.

I remain confident of the Company's ability to continue to grow its business,
with a particular focus on its Software and Services activities.

Further to an announcement on the 26th October, which indicated that the
Company was engaged in preliminary discussions which may or may not lead to an
offer for the Company, the Company announced on the 9th December that it had
received an approach which may or may not lead to an offer in the region of
1050p per share. Shareholders will be kept informed of developments and a
further announcement will be made as soon as practicable.

In line with previous practice the board is not recommending the payment of an
interim dividend.

B E Carrell
Chairman                                                 14th December 1999


Half Year ended 30th September 1999

Group Interim Results (Unaudited) £000's:

 Profit & Loss Account     Half Year   Half Year       Year
                               ended       ended      ended
                           30/9/1999   30/9/1998  31/3/1999  
                                
 Turnover                      9,319       8,590     16,795
 Operating profit              1,818       1,459      3,563
 Interest receivable             371         428        803
 Profit before taxation        2,189       1,887      4,366
 Taxation (estimated)           (656)       (585)    (1,397)
 Profit attributable to        
 shareholders                  1,533       1,302      2,969
 Dividend                          -           -       (703)
 Profit retained               1,533       1,302      2,266
 Earnings per share             21.8p       18.5p      42.3p
 
 No separate statement of total recognised gains & losses has been presented  
 as all gains & losses have been dealt with in the profit & loss account.

 Balance Sheet              30/9/1999   30/9/1998  31/3/1999
                               
 Fixed assets                    209         266        245
 Current assets               19,644      16,701     19,209
 Liabilities                  (6,640)     (6,251)    (7,774)
 Net assets &                 
 shareholders' funds          13,213      10,716     11,680


 Cash Flow Statement       Half Year   Half Year       Year
                               ended       ended      ended
                           30/9/1999   30/9/1998  31/3/1999
                         
 Net cash inflow from             
 operations                      757       1,671      3,688           
 Returns on investments          371         428        803
 Taxation paid                     -           -     (1,016)  
 Capital expenditure             (32)        (51)       (97)
 Equity dividends paid          (703)          -       (527)
 Increase/(decrease) in cash     393       2,048      2,851
 Cash balances                14,137      12,941     13,744


Notes
1   The interim results for 1999/2000 are not full accounts within the meaning
of S240 of the Companies Act.  The results for 1998/99 are abridged figures,
extracted from the full accounts for that year.

2   Taxation is based on the estimated effective rate applicable to the Group.

3   Earnings per share is calculated by reference to the profit after    
taxation and the issued share capital of 7,026,923 ordinary shares (1998
interim:7,026,923 ordinary shares; 1998/99 full year:7,026,923 ordinary
shares).

4   This statement will be circulated to all shareholders at the addresses
recorded in the register and will also be available to members of the public
at the Company's registered office: Elton House, Elton Way, Watford, WD2 8LF.
    

Enquiries:

Real Time Control plc                    01923 422100
Tony Wheeler