Interim Results to 30/06/2000

Totally PLC 24 July 2000 Interim Results for the eight-month Period Ended 30th June 2000 Highlights Highlights for the eight months to 30th June 2000: * Revenues of £156,000 for the 4 month period from 1st March to 30th June 2000 * Cash burn per month reduced from £165,000 (Feb 2000) to £65,000 (June 2000) * £1.06 million currently held on deposit * Infrastructure built to support future projects * Substantial opportunities to expand the business over the coming months have been identified Tony Caplin, Non-Executive Chairman commented: 'Since Totally's flotation I have been very pleased with the progress made. A robust revenue stream has been created, cash burn is decreasing monthly and an infrastructure to support future projects has been established. The group is now in a position to roll out other electronic publications targeted at niche, affluent communities.' Chairman's Statement Since the flotation in January, the Group has been very focused on developing its first electronic publication, totallyjewish.com, and an infrastructure to support future projects. totallyjewish.com totallyjewish.com was launched on 1st March 2000 and to date we have received sponsorship and advertising from a number of recognised brands, including Legal & General, SelfTrade, Wideyes, Thomas Cook and Tesco. Many of these relationships are 12 month contracts and are of a strategic nature. Other revenue streams including e-commerce, content syndication, database marketing and ancillary services will start to grow over the coming months. From the launch in March to 30th June 2000 the site has generated £156,000 of revenue, with a contracted order book at 1st July, 2000 of in excess of £120,000. As the business has become more established, marketing, technology and infrastructure costs have reduced, revenues have increased, and thus the monthly cash burn rate has reduced from £165,000 (Feb '00) to £65,000 (June '00). Penetration into the UK Jewish market has been significant with approximately 50,000 unique users visiting the site since its launch. Partnership agreements have been signed with a significant number of entities within the UK's Jewish establishment, including The Board of Deputies, Jewish Care, UJIA, Norwood Ravenswood, Maccabi Primary Soccer League, Manchester Jewish Soccer League, Jewish Charity Yearbook and All Aboard. Group Infrastructure The Group's infrastructure has been developed to support future projects. The technology team has developed a robust and scaleable solution; the sales team is now able to focus on a portfolio sell rather than focussing on the one product; and new premises have been found which allow for growth in personnel. Other Within the profit and loss account there is an exceptional charge of £239,313 which is in relation to the acquisition of Kosheronline Plc and Kosher Limited made prior to our flotation on AIM and referred to in our prospectus issued in January 2000. Adam Crow who joined the Company in December 1999 as Sales Director will be leaving at the end of July to pursue his private interests. Adam has been responsible for building the sales team and the sales process. Having completed this assignment the Company wishes him well. Steve Burns will take over responsibility for sales and at an appropriate time in the future a new Sales Director will be appointed. The Future totallyjewish.com is the first of a number of niche community sites Totally will create over the next twelve months. Economies with regards to technology, sales, marketing and general infrastructure are designed to ensure future projects move to profitability in the shortest timescale possible. There are substantial opportunities available to us and we are currently evaluating a number of them. When these happen, they will have a significant impact on the Group. Shareholders will be kept fully informed of developments. Finally I would like to thank the Company's employees and advisers for all their hard work over the last eight months. Tony Caplin Non-Executive Chairman 24th July 2000 TOTALLY Plc Unaudited Consolidated Profit and Loss Account For the Period 28th October 1999 to 30th June 2000 TURNOVER 155,623 EXPENSES Wages and Salaries 384,445 Other Operating Charges Ordinary Charges 514,434 Exceptional Item 239,313 TOTAL EXPENSES 1,138,192 OPERATING LOSS (982,569) Interest Received 30,298 LOSS ON ORDINARY ACTIVITIES BEFORE TAX (952,271) TAXATION 0 RETAINED LOSS FOR THE PERIOD (952,271) LOSS PER SHARE 7.7p TOTALLY Plc Unaudited Consolidated Balance Sheet at 30th June 2000 FIXED ASSETS Short Leasehold Improvements 37,379 Computer Equipment 35,557 72,936 CURRENT ASSETS Debtors and Prepayments 365,363 Cash at Bank and in Hand 1,064,354 1,429,717 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade Creditors 295,503 Accruals 48,656 Taxation and Social Security 21,145 365,304 NET CURRENT ASSESTS 1,064,413 NET ASSETS 1,137,349 CAPITAL AND RESERVES Called Up Share Capital 153,813 Share Premium Account 1,935,807 Profit and Loss Account -952,271 EQUITY SHAREHOLDERS'S FUNDS 1,137,349 NOTES: 1. Results The interim accounts for the period ended 30th June, 2000 are unaudited and do not constitute statutory accounts within the meaning of section 240 of the Companies Act 1985. 2. Dividends The Directors are not declaring an interim dividend for the period ended 30th June, 2000. 3. Loss Per Share The calculation of the loss per share is based on the loss of £952,271 and on 12,430,424 Ordinary Shares, being the weighted average number of shares in issue during the period. 4. Copies of Interim Results Copies of the Interim Results will be sent to shareholders shortly and will be available to members of the public from the Company's registered office, Aquis Court, 31 Fishpool Street, St Albans, Hertfordshire AL3 4RF. For Further Information please contact:- Steve Burns 020 7 692 6929 Chief Executive Totally plc Adam Reynolds/Takki Sulaiman 020 7 735 9415/0378 419218 Hansard Communications.Com Ltd

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