Interim Results

Superframe Group PLC
28 September 2000

                             SUPERFRAME GROUP PLC                             
                             INTERIM REPORT 2000                              


                       MANAGING DIRECTOR'S STATEMENT                         

At the Annual General Meeting I reported that I was confident of achieving the
forecast for the first six months.  I am pleased to be able to inform you that
this was the case and that the Company made a pre-tax profit of £32,622
compared to a pre-tax loss in the same period last year of £72,206.

Orders, sales and profits in the first half of 2000 were all higher than the
figures for the corresponding period last year.

At present our order book is healthy and our cash position is strong. 
However, the uncertainty in the retail sector, mentioned in the last report to
shareholders, continues.  In particular, as with 1999, the timing of orders
and sales continues to cause concern and could still impact on the outcome for
the year.

At this time, we consider it prudent to declare an interim dividend of 0.5
pence per share.

Andy Gilbert
Managing Director

28 September 2000


                        GROUP PROFIT AND LOSS ACCOUNT                         
                    FOR THE SIX MONTHS ENDED 30 JUNE 2000                     

                                     Notes          2000             1999
                                              (unaudited)      (unaudited)
                                                       £                £

TURNOVER                                       2,343,119        1,636,171
                                               __________       __________

OPERATING PROFIT/(LOSS)                           27,443          (81,908)
Interest receivable/(payable)                      5,179            9,702
                                               __________       __________

PROFIT/(LOSS) ON ORDINARY ACTIVITIES
  BEFORE TAXATION                                 32,622          (72,206)
Tax on profit/loss on ordinary  
  activities                                     (11,589)          19,300
                                               __________       __________

PROFIT/(LOSS) FOR THE FINANCIAL PERIOD            21,033          (52,906)
Dividends                                        (39,728)         (39,728)
                                               __________       __________

RETAINED DEFICIT FOR THE PERIOD                  (18,695)         (92,634)
                                               __________       __________

EARNINGS/(LOSS) PER SHARE                  2        0.26p         (0.67)p
                                               __________       __________

DIVIDENDS PER SHARE                        3         0.5p            0.5p
                                               __________       __________


                             GROUP BALANCE SHEET                              
                              AS AT 30 JUNE 2000                              

                                                    2000            1999
                                              (unaudited)     (unaudited)

FIXED ASSETS
Tangible                                         324,518         317,289
                                               __________      __________

                                                 324,518         317,289

CURRENT ASSETS
Stocks                                           291,917         259,345
Debtors                                          917,547         795,796
Cash at bank and in hand                         240,137         516,832
                                               __________      __________

                                               1,449,601       1,571,973

CREDITORS:AMOUNTS FALLING DUE
  WITHIN ONE YEAR                               (791,039)       (920,249)
                                               __________      __________

NET CURRENT ASSETS                               658,562         651,724
                                               __________      __________

TOTAL ASSETS LESS CURRENT LIABILITIES            983,080         969,013

CREDITORS: AMOUNTS FALLING DUE
  AFTER ONE YEAR                                 (20,900)        (44,590)
                                               __________      __________

NET ASSETS                                      £962,180        £924,423
                                               __________      __________

CAPITAL AND RESERVES
Share Capital                                    158,913         158,913
Share Premium                                    295,437         295,437
Profit and loss account                          507,830         470,073
                                               __________      __________

TOTAL EQUITY SHAREHOLDERS' FUNDS                £962,180        £924,423
                                               __________      __________


                           GROUP CASH FLOW STATEMENT                          
                    FOR THE SIX MONTHS ENDED 30 JUNE 2000                    

                                                    2000                 1999
                                              (unaudited)          (unaudited)
                                       £               £      £             £
NET CASH INFLOW/(OUTFLOW)
  FROM OPERATING ACTIVITIES                      127,044               (9,729)

RETURNS ON INVESTMENTS AND
  SERVICING OF FINANCE
Interest received                      9,230                  13,835
Interest paid                         (4,051)                 (4,133)
                                      ________               ________
                                                   5,179                9,702

TAXATION
Corporation tax, including ACT                       -                 (9,932)

CAPITAL EXPENDITURE
Payments to acquire
 tangible fixed assets               (26,856)                (58,041)
Receipts from sales of
 tangible fixed assets                   -                     8,737
                                     ________                ________
                                                 (26,856)             (49,304)
                                                 ________             ________
NET CASH INFLOW/(OUTFLOW)
  BEFORE FINANCING                               105,367              (59,263)

FINANCING
Capital element of
 hire purchase contracts                         (29,490)             (38,759)
                                                 ________             ________

INCREASE/(DECREASE) IN CASH                      £75,877             £(98,022)
                                                 ________             ________




NOTES TO THE INTERIM STATEMENT

1.  Basis of preparation of the interim statement

The consolidated profit and loss account, balance sheet and cash flow
statement have been prepared on a basis consistent with the financial
statements for the year ended 31 December 1999.  A copy of the full financial
statements for the year ended 31 December 1999, on which the auditors have
issued an unqualified report, has been delivered to the Registrar of
Companies.  The financial information contained in the interim statement does
not constitute statutory accounts within the meaning of Section 240 of the
Companies Act 1985.  The turnover and operating profit/(loss) all relate to
continuing operations. 

2.  Earnings/(loss) per share

The earnings/(loss) per ordinary share calculation has been based on the
profits attributable to ordinary shareholders of £21,033 (1999: loss £52,906)
divided by 7,945,638 (1999: 7,945,638) being the average of the issued share
capital during the year. As the price set for the share options is in excess
of the fair value of the shares no dilution of earnings per share would occur
if the share options were exercised.

3.  2000 Interim Dividend

An interim dividend of 0.5p per ordinary share has been declared and will be
paid on 1 December 2000 to shareholders on the register of members on 3
November 2000.

4.  Publication

Copies of this statement are being circulated to all shareholders and are also
available from the Company's registered office at The Old Electricity Works,
Campfield Road, St. Albans, Hertfordshire AL1 5HJ.