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Jenners,Princes St (32HE)

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Thursday 04 October, 2001

Jenners,Princes St

Interim Results

Jenners,Princes Street,Edinburgh Ld
4 October 2001

Stock Exchange announcement



JENNERS PRINCES STREET EDINBURGH LIMITED


INTERIM REPORT

29 July 2001


Following the expiry of our lease at the former Royal Yacht Britannia, sales
in the half year to 29 July show a small decrease on last year. Both the
Princes Street and Edinburgh Airport stores have marginally improved on last
year's performance.

Trading profits have increased by 4% and costs have been controlled within
budget. Despite falling interest rates, our pre-tax profits have been largely
maintained.

The results for the full year will depend on the success of our recent store
improvements and on the important trading period before Christmas. The effect
of recent world events makes the outlook more unpredictable.

An interim dividend of 82p per share has been declared and will be payable on
5 November to members on the register at 31 October 2001. The interim dividend
should not be taken as an indication of the likely amount of the final
dividend.

By order of the Board







Elizabeth Barclay

Secretary

4 October 2001










                             INTERIM GROUP RESULTS
                              (Unaudited)
                    Half Year to 29       Half Year         Year to 28
                         July               to 30            January
                                            July
                         2001               2000               2001
                         £000               £000               £000
Turnover (excluding          19,597          19,729               46,599
VAT)
Trading Profit                  388             372                3,048
Other Income                    681             705                1,445
Profit on Ordinary            1,069           1,077                4,493
Activities
Taxation                      (321)           (323)              (1,353)
Profit after                    748             754                3,140
Taxation
Dividends on:
Preference Shares                71              71                  142
Ordinary Shares                 689 (82p)       689 (82p)          1,277 (152p)
                                760             760                1,419

Notes

        1.      The information disclosed above does not constitute statutory
        accounts. The accounts for the year to 28 January 2001 on which the
        Auditors made an unqualified report, have been lodged with the
        Registrar of Companies.


        2.      This information will be sent to shareholders and will be
        available to members of the public at the Company's registered office,
        48 Princes Street, Edinburgh EH2 2YJ.

                                                 4 October 2001

                                                                                
                                                                                
                                         

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