Interim Results

Norish PLC
8 September 2000

                                                            
                         NORISH PLC
                       INTERIM RESULTS
              Six months ended June 30th, 2000


*  PRE-TAX PROFITS INCREASE 23% TO STG£1.1m


*  TURNOVER UP 41% TO STG£6.8m


*  EARNINGS PER SHARE
  -    BASIC UP 31 % AT STG10.1p
  -    ADJUSTED 4% HIGHER AT STG8.2p


*  SAME AGAIN INTERIM DIVIDEND OF IR1p


*  SHORT TERM IMPACT FROM DECREASE IN COCOA IMPORTS


*  COMPETITIVE TRADING ENVIRONMENT IN COLD STORAGE


*  STRONG PERFORMANCE FROM GENERAL WAREHOUSING


Commenting  on  the results today, the Chairman  of  Norish,
Brian  Joyce  said:   'Excess capacity  continues  to  be  a
feature   of   the  cold  storage  market,  making   trading
conditions more competitive.  The reduction in current  year
imports  of  cocoa  will  have a short-term  impact  on  the
ambient  warehousing division although we expect  that  this
will  be partly offset by growth which we are generating  in
general warehousing.'

                                          8th September 2000
                             
For reference:
                                                         
Norish plc                                               
Paul Byrne, Chief Executive        Tel: + 44 1737 221 133
                                                         
Murray Consultants:                                      
Joe Murray                         Tel: + 353 1 632 6400



               Interim Report to Shareholders
             for the six months to 30 June 2000

Norish  plc  announces an increase of 23% in  profit  before
taxation  to STG£1.13m for the six months to 30  June  2000.
Basic earnings per share increased by 31% to STG10.1p, while
adjusted  earnings per share, which excludes the  effect  of
goodwill amortisation and exceptional items, increased by 4%
to STG8.2p.

The  share  of  profit  from the  Group's  interest  in  its
associated  undertaking in Ireland, which  was  disposed  of
during   the  first  half,  declined  from  STG£131,000   to
STG£20,000 and impacted negatively on EPS.  East  Kent  Cold
Storage   Company  Ltd  was  acquired   in   March   for   a
consideration  of STG£0.45m.  Since the end of  the  period,
the ambient warehousing business carried on at Beningbrough,
York by RSH Flowers (Distribution) Ltd has been acquired for
a cash consideration of STG£0.35m.

Group  turnover increased by 41% to STG£6.84m, reflecting  a
full six months contribution from BWA, which was acquired on
7 May 1999. The net interest charge increased from STG£0.06m
to  STG£0.20m, mainly due to the financing costs of the  BWA
acquisition.

The Group as a whole traded satisfactorily in the first half
although over-capacity in the cold storage industry affected
demand.   UK Cocoa imports are running at lower levels  this
year  with  a  consequent reduction in trading activity  and
handling  revenues  at BWA.  Normal trading  patterns  would
indicate that stocks of cocoa will need replenishment in due
course.   A  strong performance from BWA's  growing  general
warehousing business and from coffee storage has  helped  to
offset the reduction in cocoa activity.

Management  has  initiated a programme of systems  upgrading
intended to enhance significantly the quality of its service
offering  to  customers.  When  the  programme  is  complete
customers will be offered interactive Internet access to the
Group's  warehouse  management system.   The  Group's  newly
designed  website is now operational and can be accessed  at
www.norish.com.

Shareholders' funds at 30 June 2000 were STG£8.63m  compared
with  STG£7.84m at 31 December 1999.  Net debt  at  30  June
2000  was STG£4.85m, giving a debt/equity ratio of  56%  (31
December  1999:  STG£5.04m, 64%).  Acquisition  and  capital
expenditure amounted to STG£0.80m.

An  interim dividend of IR1.0p per share (1999: IR1.0p)  has
been declared.  The dividend will be paid on 19 October 2000
to shareholders on the register at 29 September 2000.

With effect from 21 July 2000 the FTSE Global Classification
Committee  agreed  to reclassify Norish  plc's  shares  from
'Transport'  to  'Support Services.'  This  reclassification
more  accurately  reflects the nature  of  Norish's  current
business,  which is focused on the provision of  warehousing
and allied services to the food and non-food sectors. Norish
adds  value in a temperature-controlled environment  through
its  cold  storage division, Norish Food Care,  and  through
ambient warehouses operated by BWA. Norish Food Care and BWA
have  built strong positions in their respective markets  in
the UK.

Brian Joyce
Chairman                              8th  September 2000


                         NORISH  PLC
                              
            CONSOLIDATED PROFIT AND LOSS ACCOUNT
                    Six Months to 30 June 2000
                              
                              
                                     Six    Six months     Six months
                               months to            to             to
                                 30 June       30 June        30 June
                                    2000          2000           1999
                                  EUR000       STG£000        STG£000
                             (Unaudited)   (Unaudited)    (Unaudited)
                               
                                                                     
Turnover                                                             
-  continuing operations          10,486         6,606          4,832
- acquisitions                       365           230              0
                                  ______        ______         ______
- total                           10,851         6,836          4,832
                                   =====         =====          =====
                                                                     
Operating profit                                                     
-  continuing operations           1,586           999            846
-  acquisitions                       90            57              0
                                  ______        ______         ______
-  total                           1,676         1,056            846
                                                                     
Share of profit of                                                   
associated undertaking                                               
- discontinued operation              32            20            131
                                                                     
Exceptional item - profit                                            
on sale of investment                                                
in associate                         403           254              0
                                  ______        ______         ______
Profit on ordinary                                                   
activities before                                                    
interest                           2,111         1,330            977
                                                                     
Interest payable                                                     
less interest                                                        
receivable                         (311)         (196)           (55)
                                  ______        ______         ______
Profit on ordinary                                                   
activities before                                                    
taxation                           1,800         1,134            922
                                                                     
Tax on profit on                                                     
ordinary activities                (441)         (278)          (271)
                                  ______        ______         ______
Profit attributable to                                               
shareholders                       1,359           856            651
                                                                     
Dividends proposed                 (108)          (68)           (72)
                                  ______        ______         ______
Retained profit                                                      
for period                         1,251           788            579
                                   =====         =====          =====
                                                                     
                               EUR cents    STG  pence     STG  pence
                                                                     
Basic and diluted                                                    
earnings per share                  16.0          10.1            7.7
Adjusted earnings                                                    
per share:                                                           
excluding goodwill                                                   
amortisation and                                                     
exceptional items                   13.0           8.2            7.9
                                   =====         =====          =====
                                                                     
                                              IR pence       IR pence
Dividend per share                                 1.0            1.0
                                                 =====          =====

The  unaudited  financial information  presented  in  pounds
sterling as of and for the period ended 30 June 2000 is also
expressed  in Euro, solely for convenience, at the  rate  of
EUR1  =  STG£0.63,  the closing rate  for  the  period.   No
representation is made that the pounds sterling amounts have
been,  could  have been or could be converted into  Euro  at
that or any other rate.
                              

                              
                         NORISH  PLC
                              
                 CONSOLIDATED BALANCE  SHEET
                       at 30 June 2000
                              
                              
                            30 June 2000  30 June 2000    31 Dec 1999
                                  EUR000       STG£000        STG£000
                              (Unaudited)  (Unaudited)      (Audited)
                               
                                 
                                                                     
Fixed assets
Intangible assets                                                    
- goodwill                         5,792         3,649          3,311
Tangible fixed assets             15,852         9,987         10,063
Investment in associated                                             
undertaking                            -             -             26
                                  ______        ______         ______
                                                                     
                                  21,644        13,636         13,400
                                                                     

Current assets
Debtors                            5,313         3,347          2,872
Cash at bank and                                                     
in hand                               98            62            775
                                  ______        ______         ______
                                                                     
                                   5,411         3,409          3,647
                                                                     
Creditors: due within                                                
one year                         (6,696)       (4,219)        (3,829)
                                  ______        ______         ______
                                                                     
Net current                                                          
liabilities                      (1,285)         (810)          (182)
                                  ______        ______         ______
                                                                     
Total assets less                                                    
current liabilities               20,359        12,826         13,218
                                                                     
Creditors: due after                                                 
more than one year               (5,175)       (3,260)        (4,451)
                                                                     
Provisions for                                                       
liabilities and charges          (1,479)         (932)          (932)
                                  ______        ______         ______
                                                                     
Net assets                        13,705         8,634          7,835
                                   =====         =====          =====
                                                                     
Capital and reserves
Called up share                                                      
capital                            2,370         1,493          1,490
Share premium account              5,010         3,156          3,148
Capital conversion                                                   
reserve fund                          37            23             23
Profit and loss                    6,288         3,962          3,174
account                            _____         _____         ______
                                                                     
Shareholders' funds                                                  
- equity                          13,705         8,634          7,835
                                   =====         =====          =====


                         NORISH  PLC
                              
             CONSOLIDATED CASH  FLOW  STATEMENT
                    Six Months to 30 June 2000
                              
                              
                              Six months    Six months     Six months
                                      to            to             to
                                 30 June       30 June        30 June
                                    2000          2000           1999
                                  EUR000       STG£000        STG£000
                             (Unaudited)   (Unaudited)    (Unaudited)
                                       
                                                                     
Net cash flow  from                                                  
operating activities               1,581           996          1,703
                                                                     
                                                                     
Dividend from                                                        
associated undertaking               263           166            101
                                                                     
Returns on                                                           
investments and                                                      
servicing of finance               (178)         (112)           (20)
                                                                     
Taxation                           (281)         (177)          (137)
                                                                     
Investing activities               (490)         (309)          (160)
                                                                     
Acquisition and                                                      
disposal                           (308)         (194)        (3,492)
                                                                     
Equity dividends paid              (317)         (200)          (229)
                                  ______        ______         ______
                                                                     
Cash inflow/(outflow)                                                
before financing                                                     
activities                           270           170        (2,234)
                                                                     
Financing activities             (2,010)       (1,266)          1,991
                                 _______        ______         ______
                                                                     
Decrease in cash                                                     
in the period                    (1,740)       (1,096)          (243)
                                  ======         =====          =====
                                                                     

Reconciliation of net
cash flow to movement
in net debt
                                                                     
Decrease in cash in                                                  
the period                       (1,740)       (1,096)          (243)
Decrease/(increase)                                                  
in debt                            2,027         1,277        (1,991)
                                  ______        ______         ______
                                                                     
Change in net debt                                                   
resulting from cash                                                  
flows                                287           181        (2,234)
                                                                     
Finance leases                                                       
acquired with subsidiary               0             0          (340)
                                                                     
Deferred consideration                                               
on acquisition of                                                    
subsidiary                             0             0        (2,750)
                                  ______        ______         ______
                                                                     
Increase/(decrease) in                                               
net funds in the period              287           181        (5,324)
                                                                     
Net (debt)/funds at                                                  
1 January                        (7,992)       (5,035)            488
                                 _______        ______          _____
                                                                     
Net debt at 30 June              (7,705)       (4,854)        (4,836)
                                  ======         =====          =====