Half-yearly Report

Analyst Investment Management Plc                       

                          Registration Number 3687441                          

                    Interim Unaudited Financial Statements                     

                     for the 6 Months Ended 31st May 2010                      





                      Analyst Investment Management Plc

                                  Contents

                                                   Page

Directors' Statement                                3

Profit and Loss Account                             4

Balance Sheet                                       5

                                   Page 2





Directors' Statement on the Unaudited Interim Results for the Six Months Ended
                               31st May 2010


The Company made a loss of £33,884 which compares to a profit of £11,697 in the
same period last year. Fee income fell to £20,496 (2009: £77,358) which
reflects the termination of the investment management agreement with Capita for
the CF Analyst UK Fund, consisting of approximately £4 million funds under
management. No performance-related fees were earned during the interim 6 month
period.

There has been a small decrease in costs, from £48,567 to £40,372 as a result
of relocating our offices to Reading. The opportunity to cut costs further is
limited and the future success of the business is reliant on increasing funds
under management.

The company had assets under management of approximately £8.75m on 31 May 2010.

The recently appointed two new investment managers have brought in additional
funds under management of £8.4 million which are expected to increase by a
similar amount by the end of the year if pending negotiations with several
investors are successful.

We failed to agree terms of arrangements with Mr Sandeep Jaitly who planned to
launch the Gold Fund as mentioned in the Chairman's Statement for the year
ended 30 November 2009. Mr Jaitly is no longer with the company.

We recently had a formal visit from the FSA who have completed their review and
subsequently requested further information. No material exceptions were
highlighted, however. We have reported our dispute with Capita to the FSA, and
a decision as to any further action will be taken soon.

The previous fund manager who left the company on 30 November 2009 has made a
claim for unfair dismissal which has been referred to the Employment Tribunal.
Specialist employment lawyers have been appointed to represent the company and
are reviewing all the documentation whilst waiting for a hearing date.

We are pleased at the progress so far made by our two new investment managers,
and continue to identify further opportunities to enhance the business

This Statement has been prepared by and is the sole responsibility of the
directors of Analyst Investment Management plc.



CHAIRMAN                               FINANCE DIRECTOR

Bharat Amin                            Surbjit Chadda

31 August 2010

                                   Page 3





                      Analyst Investment Management Plc

                          Profit And Loss Account

                    For The Six Months Ended 31 May 2010



                                               Unaudited     Unaudited     Audited
                                              Six Months    Six Months   12 months
                                                ended 31      ended 31    ended 30
                                                May 2010      May 2009    Nov 2009
                                                       £             £           £


Turnover                                          20,496        77,358      95,607

Cost of sales                                   (14,008)      (17,895)    (36,249)
                                                  ______        ______      ______

Gross profit                                       6,488        59,463      59,358

Administrative expenses                         (40,372)      (48,567)    (98,550)
                                                  ______        ______      ______

Operating (loss)/profit                         (33,884)        10,896    (39,192)

Other interest receivable and similar income           -           801       6,801
                                                  ______        ______      ______

(Loss)/profit on ordinary activities 
before taxation                                 (33,884)        11,697    (32,391)

Taxation                                               -             -           -
                                                  ______        ______      ______

(Loss)/profit on ordinary activities 
after taxation                                  (33,884)        11,697    (32,391)
                                                  ______        ______      ______

(Loss)/earnings per share (pence)                (0.459)         0.159     (0.439)
                                                  ______        ______      ______


The turnover for the 6 months to 31 May 2009 includes the performance fee of 
£58,724 earned in the year to 30 November 2008.

The earnings per share are based on the loss after taxation of £33,884 (2009:
profit £11,697), and the weighted average number of ordinary 2.5 pence shares
in issue during the period of 7,377,777 shares, (2009: 7,377,777 shares).
Ordinary 2.5 pence shares in issue at 31st May 2010 were 7,377,777.


                                   Page 4




                     Analyst Investment Management Plc

                                Balance Sheet

                              As at 31 May 2010



                                               Unaudited     Unaudited     Audited
                                                as at 31      as at 31    as at 30
                                                May 2010      May 2009    Nov 2009
                                                       £             £           £

Current assets

Debtors                                            7,277        11,532      12,464

Cash at bank and in hand                         433,603       503,820     462,300
                                                  ______        ______      ______

                                                 440,880       515,352     474,764

Creditors: amounts falling
due within one year                              (3,500)             -     (3,500)
                                                  ______        ______      ______

Net Current Assets                               437,380       515,352     471,264
                                                  ______        ______      ______

Net Assets                                       437,380       515,352     471,264
                                                  ______        ______      ______

Capital and reserves

Called up share capital                          184,444       184,444     184,444

Share premium account                          1,100,642     1,100,642   1,100,642

Profit and loss account                        (847,706)     (769,734)   (813,822)
                                                  ______        ______      ______

Equity Shareholders' Funds                       437,380       515,352     471,264
                                                  ______        ______      ______


                                   Page 5