Interim Results

Forbidden Technologies PLC
27 September 2000

                    FORBIDDEN TECHNOLOGIES PLC
                          INTERIM RESULTS
               for the six months ended 30 June 2000
                                 
I  am  very  pleased  to  present this first  interim  report  for
Forbidden Technologies since the successful flotation and  listing
on  the  Alternative Investment Market earlier  this  year.  Since
flotation  we  have  carried out six successful  placings  of  new
shares  and  a  five for one share split.  We now have  nearly  12
million shares in the free float in the market. By these means  we
have not only increased the liquidity of our shares significantly,
but also have in excess of £3 million cash in the bank.

In  the  six months to the end of June the company has incurred  a
loss  of £93,000 in line with the budget put together at the  time
of   flotation.   This  reflects  the  very  tight  cost   control
maintained  on  a  low fixed cost overhead in the  business.   The
healthy cash position will enable the continued development of the
company's video compression technology without the prospect of any
forced refinancing so often associated with start up businesses.

I  am  pleased  to  report  that  the  progress  achieved  on  the
development  of  the video compression technology  has  been  very
satisfactory over the last six months.  Compared with our  earlier
assumptions that a commercially viable product would be  dependent
upon the wide scale availability of faster broadband facilities we
have  made  sufficient progress to be confident of being  able  to
provide a product which can be received via a 56k modem by the end
of  the  year.  For example, the data rate of the test  videos  on
trial with shareholders, has fallen by an average of 2.5% per week
since  the  trials started in July.  Although at this early  stage
the   product  will  be  aimed  at  presenter  or  interview  type
situations  this is only the first step on the path  towards  more
complex action videos as the technology is developed further.

To see the current stage of development we invite you to visit the
Forbidden Technologies website http://www.forbidden.co.uk  and  to
see and hear a summary of this Interim Statement.  In doing so you
will be witnessing the first ever public display of our technology
incorporating our bigger pictures, full frame rate, and play  back
which does not require any prior video installation.  Whereas  the
picture quality requires much further improvement you will be able
to  see a promising early prototype produced after only our  first
few months of existence.

With  the  accelerating  speed  of  development  in  internet  and
telephony technology we are increasingly confident of the exciting
role  that  Forbidden Technologies can play and of the value-added
that the company can provide to both consumer and shareholder.  We
look forward to the commencement of commercial activities over the
next 12 months.

Victor Steel.
27 September 2000
Chairman.
                                                                  
For further information contact:
Nicholas Nelson,  College Hill Associates       Tel: [phone]

Copies of this statement will be available for a period of 14 days
    from the Company's registered office: 2-4 St.George's Road,
                     Wimbledon, London SW194DP
                                 
                    FORBIDDEN TECHNOLOGIES PLC
                                 
                      PROFIT AND LOSS ACCOUNT
               for the six months ended 30 June 2000


                              Unaudited     Unaudited       Audited
                              Half year     Half year     Full year
                                     to            to            to
                              30.6.2000     30.6.1999    31.12.1999
                                      £             £             £
                                                        
Administrative Expenses           (117,230)     -            (72,048)
                                                        
Operating Loss                    (117,230)     -            (72,048)
                                                        
Other Interest Receivable           30,299      -              8,870
                                                        
Loss on Ordinary                                        
Activities before
taxation                          (86,931)      -            (63,178)
                                                        
Tax on loss on Ordinary            (5,978)      -             (1,786)
Activities   
                                                        
Loss for the period               (92,909)      -            (64,964)
                                                        
                                 


                    FORBIDDEN TECHNOLOGIES PLC
                                 
                           BALANCE SHEET
               for the six months ended 30 June 2000
                                 
                                                2000           1999
                                   £               £              £
                                                        
Fixed Asset                                             
Tangible Assets                                19,087        19,351
                                                        
Current Assets                                          
Debtors                        41,547                        37,844
Cash at bank                3,420,033                       530,938
                            3,461,580                       568,782
                                                        
Creditors                                               
Amounts falling due                                     
within one
year                         (29,845)                      (28,097)
                                                        
                                            3,431,735      540,685
                                                        
Net Assets                                  3,450,822      560,036
                                                        
Capital and Reserves                                    
Called up Share Capital      554,800                       500,000
Capital Contribution         125,000                       125,000
Reserve
Profit and Loss Account     (157,873)                      (64,964)
Share Premium Account      2,928,895                           -
                                                        
                           3,450,822                       560,036

                        CASH FLOW STATEMENT
               for the six months ended 30 June 2000
                                 
                                                          £
                                                  
Net cash outflow from Operating                    (120,298)
Activities
                                                  
Return on Investments                             
 Interest received                                   30,299
                                                  
Capital Expenditure                               
 Payments to acquire Tangible                       (4,600)
Fixed Assets
                                                  
Financing                                         
 Receipts from Issue of Share                    2,983,694
Capital
                                                  
Increase/(Decrease) in cash in                  £2,889,095
the year