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Pathway One PLC (POPP)

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Wednesday 25 February, 2009

Pathway One PLC

Half-yearly Report


PATHWAY ONE PLC

CHAIRMAN'S STATEMENT

FOR THE SIX MONTHS TO 30th JUNE 2008

_______________________________________________________________________________

The Board of Pathway One plc ("Pathway" or "the Company") announces its interim
results for the six months to 30th June 2008.

During the reporting period from 1 January 2008 until 30 June 2008, the Company
was not in the position to trade within its mission statement for the reasons
outlined in the report included in the results for 31st December 2007, but
concentrated on the appropriate financing and requirements for a continued
listing of the Company on PLUS and negotiating with other parties to make use
of the listing and other areas to take the Company forward. The result of this
action was announced on PLUS Markets on 21st January 2009.

Company recorded a loss for the six month period of £25,652. The accounts have
not been reviewed by the Company's auditors.

David Oakley

Dated: 23rd February 2009

The Directors of Pathway One plc accepts responsibility for this announcement.

Contacts:

PATHWAY ONE PLC
+ 44 (0) 20-7562-3350
David Oakley

CITY & MERCHANT PLC
+ 44 (0) 20-7101-7676
Tim Lyle


PATHWAY ONE PLC

PROFIT AND LOSS ACCOUNT

FOR THE SIX MONTHS ENDED 30th JUNE 2008

_______________________________________________________________________________

                                                  Period ended       Period ended 
                                                   30.06.2008         30.06.2007  
                                                                                  
                                                    Unaudited         Unaudited   
                                                                                  
                                                        £                 £       
                                                                                  
Turnover                                                -                 -       
                                                                                  
Administrative expenses                             (25,652)           (29,406)   
                                                                                  
Operating loss                                      (26,502)           (29,406)   
                                                                                  
Loss on ordinary activities before taxation         (26,502)           (29,406)   
                                                                                  
Tax on ordinary activities                              -                 -       
                                                   ---------           --------   
                                                                                  
Loss on ordinary activities after taxation          (26,502)           (29,406)   
                                                                                  
Loss per share (pence)                               (0.65)p           (0.72)p    


                                                                                                                                                                                                              

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