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Kayser Bondor Ld. (62HF)

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Monday 11 December, 2000

Kayser Bondor Ld.

Interim Results

Kayser Bondor Ld
8 December 2000


At Board Meetings held 8 December 2000 for each of the following companies;

               Courtaulds Clothing Brands Limited

               Kayser Bondor Limited

               Wilkinson & Riddell (Holdings) Limited

the unaudited half year financial figures for the period ending 30 June 2000
were approved.

Please note that there have recently been a number of changes to the senior
officers of these companies. The details are as follows;

Carolyn Cattermole, Director and Secretary resigned 26 October 2000
Howard Rubenstein appointed Director and Secretary appointed 26 October 2000
Richard Thompson, Director resigned 30 October 2000
Hugh Brian Duffy appointed a Director 30 October 2000
Julia Wilson appointed a Director 1 December 2000

From     Ann Chittock
         Assistant Company Secretary

Tel 020 7434 1219


KAYSER BONDOR LIMITED
Interim Report

Explanatory Statement

The directors present their interim report for the six months ended 30 June
2000.

Review of the business
The results for the period are shown in the profit and loss account. The company
did not trade during the period and results are consistent with the
corresponding prior year period. This trend is anticipated to continue for the
remainder of the year, subject to any unforeseen circumstances.

Dividends
The directors do not recommend the payment of an ordinary dividend (1999: £nil).

The contents of this report have been reviewed and approve by the Board of
Directors.

H Rubenstein 
Secretary
8 December 2000

Interim Report

Profit and Loss Account
For the 6 months ended 30 June 2000       Notes          Half year ended 30 June
                                                             2000         1999
                                                            £'000        £'000

Interest receivable from group undertakings                  127           127

Profit before taxation                                       127           127

Taxation                                                      -             39

Profit after taxation                                        127            88

Preference dividend paid - non-equity      2                 (22)          (22)

Profit attributable to ordinary shareholders                 105            66

Basic and diluted earnings per share       3                 0.44p        0.27p 

Continuing operations
  The company did not trade during the period.

Statement of total recognised gains and losses
  There are no movements in total recognised gains or losses or shareholders'   
  funds other than those reported in the profit and loss account above.


Balance Sheet
As at 30 June 2000

                                                       Half Year ended 30 June
                                                           2000         1999    
                                                          £'000        £'000

Current assets
  Debtors                                               10,246         10,072

Creditors: amounts falling due within one year            (115)          (189)

Net current assets                                      10,131          9,883

Capital and reserves
  Called up share capital                                6,756          6,756
  Profit and loss account                                3,375          3,127

Shareholders' funds:
  Equity                                                 9,381          9,133
  Non-equity                                               750            750

                                                        10,131          9,883


Cash flow statement
For the 6 months ended 30 June 2000 
                                                       Half Year ended 30 June  
                                                          2000           1999
                                                         £'000          £'000

Net cash outflow from operating activities:
  Operating profit                                         -               -
  Increase in debtors                                    (105)          (105)

                                                         (105)          (105)

Returns on investments and servicing of finance:
  Interest received                                       127            127
  Non-equity dividends paid                               (22)           (22)

                                                          105            105

Movement in cash                                           -               -


Notes to the Accounts
As at 30 June 2000

1.  Basis of preparation
    The unaudited results have been prepared in accordance with the accounting  
    policies set out in the Annual Report for the year ended 31 December 1999.

2.  Dividends
    No dividends were paid or proposed on the ordinary share capital. The rate  
    of preference dividend is 6% (1999: 6%).

3.  Earnings per share
    The calculation of basic and diluted earnings per share is based on the     
    profit attributable to ordinary shareholders of £105,000 (1999: £66,000) and
    on 24,023,440 (1999: 24,023,440) shares, being the weighted average number  
    of shares in issue during the period. There is no dilution of earnings per  
    share. 

4.  Audit and review
    The half year figures are neither audited nor reviewed.

5.  Publication
    The interim report will be posted to stock holders and will not be published
    in newspapers. Copies of the interim report are available for issue to the  
    public on application to the Company Secretary at the registered office:

             13/14 Margaret Street
             London
             W1A 3DA.


  

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