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CAds Plc (CADP)

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Friday 04 February, 2011

CAds Plc


Captive Audience Display Solutions PLC
Un-audited Interim Results for the six month period to 31st October 2010

Chairman's Statement

                                        CHAIRMAN'S STATEMENT AGM 2010

Captive Audience Display Solutions Plc continues to make progress in all areas of activities.

The management expect to travel to the Middle East in the coming weeks with our new international partners to
develop the deals with our Middle Eastern partners.

At  our AGM in December 2010, I announced a very exciting development with Ritz Gold Limited.  This continues
to  be a very viable development and we expect to report to shareholders shortly.   As I said previously, 'we
are  always  interested  in  entering into negotiations in order to advance  the  ambition,  development  and
expansion of CAds through organic growth and acquisition.'

US  Oil & Gas Plc successfully listed on the PLUS market in London in January 2010.  Spurt Concepts Ltd is  a
special purpose vehicle, with common directors, set up to hold three million ordinary shares in US Oil &  Gas
Plc for the benefit of the shareholders of Captive Audience Display Solutions Plc.  The main object clause of
Spurt  Concepts  Limited is to 'distribute the value of these shares, either directly as shares  or  by  cash
proceeds  of  the  sale  of  the shares in US Oil & Gas Plc to the shareholders of Captive  Audience  Display
Solutions  Plc or to purchase the shares of Captive Audience Display Solutions Plc at such time and  in  such
amounts as the directors of the company, in their sole discretion, see fit.'  These shares are today worth in
excess of €2 million euro.

The  management of CAds has entered into discussions with a new technology company with global potential with
a view to CAds taking a stake in this company.  We will report to shareholders on this development shortly.

We  look  forward to the coming year with enthusiasm and excitement.  We would like to thank our shareholders
for their support.

Yours sincerely,

Liam McGrattan

Unaudited Consolidated Profit and Loss Account                                                 
For the six months ended 31 October 2010                                                       

                                                           Un-audited             Un-audited

                                                            6 mths to              6 mths to 
                                                           31/10/2010             31/10/2009

                                                                  €                        € 

Turnover - continuing operations                                  0                   35,022 

Cost of Sales                                                     0                   -2,042 

Gross Profit                                                      0                   32,980 

Administrative Expenses                                      21,394                 -118,360 

Operating Loss                                              -21,394                  -85,380 

Interest receivable and similar income                            0                        0 
Interest payable and similar charges                              0                      -25 

Loss on ordinary activities before tax                      -21,394                  -85,405 

Tax                                                               0                        0 

Loss on ordinary activities after taxation                  -21,394                  -85,405 

Loss per ordinary share - basic & diluted                   (0.01)c                  (0.05)c 

Unaudited Consolidated Balance Sheet                                       
As at 31 October 2010                                                      

                                                               Un-audited         Un-audited
                                                               31/10/2010         31/10/2009
                                                                        €                  €

Fixed Assets                                                                                
   Tangible assets                                                  2,395            207,179

                                                                    2,395            207,179

Current assets                                                                              
   Trade debtors                                                   37,999             52,054
   Cash and cash equivalents                                       32,544             35,140
                                                                   70,542             87,194

Creditors: amounts falling due within one year                     53,641           -108,304

Net current (liabilities)/assets                                   16,901            -21,110

Total Assets less Current Liabilities                              19,296            186,069

Capital and reserves                                                                        
   Issued share capital                                            20,144             18,132
   Share premium account                                        2,971,791          2,897,428
   Profit and loss account                                     -2,972,639         -2,729,491

                                                                   19,296            186,069

The financial information is un-audited and has not been reviewed by the Company's Auditor
LHM Casey McGrath.

The directors of the issuer accept responsibility for this announcement.

For further information on Captive Audience Display Solutions please contact:
Liam McGrattan / Lisa McDonnell, Captive Audience Display Solutions plc,
T: 01-8230510

Captive Audience Display Solutions plc								


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