Half-yearly Report

In-Solve Plc                                  
                         ("In-Solve" or the "Company")                         

                 INTERIM STATEMENT FOR 6 MONTHS TO 31 MAY 2011                 

CHAIRMAN'S REVIEW

Since I last reported to you in May, we have continued to keep overhead costs
to a minimum, while additional funds of £20,000 have been raised through the
exercise of warrants.

With respect to the Company's investment in Wilton Petroleum, we still await a
decision from Ophir Energy as to whether they plan to begin drilling operations
in the Maravoay Block 2102 in north-west Madagascar.

With regard to our investment in Metroelectric plc, their Powabyke subsidiary
has recently concluded exclusive distribution agreements for the USA and the
Netherlands, which should prove a positive step forward and we continue to
receive interest income on the convertible loan note it holds, providing us with
additional working capital.

I look forward to bringing you more positive updates on our investments in the
near future.

Russell Darvill

Director




Profit and loss account
                                          6 months to   6 months to   Year ended
                                          31 May 2011   31 May 2010           30
                                                                        November
                                                                            2010
                                          (Unaudited)   (Unaudited)    (Audited)
                                               £             £            £     
                                                                                
Turnover                                            -       100,000      100,000
                                                                                
Administrative expenses                      (30,308)      (26,713)     (58,716)
                                                                                
Operating (loss)/ profit                     (30,308)        73,287       41,284
                                                                                
Investment income                               4,200             -        7,100
                                                                                
Interest receivable and similar                     -         2,332          437
income                                                                          
                                                                                
Interest payable and similar                     (26)             -      (2,842)
charges                                                                         
                                                                                
(Loss)/profit on ordinary                    (26,134)        75,619       45,979
activities before taxation                                                      
                                                                                
Taxation                                            -             -            -
                                                                                
(Loss)/ profit for the period                (26,134)        75,619       45,979
                                                                                
(Loss)/ profit per share                                                        
                                                                                
Basic and diluted                               (28p)           94p          55p
                                                                                



Balance Sheet
                                        31 May 2011   31 May 2010   30 November
                                                                           2010
                                        (Unaudited)   (Unaudited)     (Audited)
                                             £             £             £     
                                                                               
Fixed assets                                                                   
                                                                               
Investments                                 210,589       210,589       210,589
                                                                               
                                            210,589       210,589       210,589
                                                                               
Current assets                                                                 
                                                                               
Debtors                                      12,944         7,837         1,287
                                                                               
Cash at bank and in hand                      1,411        15,033           336
                                                                               
                                             14,355        22,870         1,623
                                                                               
Current liabilities                                                            
                                                                               
Amounts falling due within one             (32,595)      (20,407)      (13,585)
year                                                                           
                                                                               
Net current assets                         (18,240)         2,463      (11,962)
                                                                               
Total assets less current                   192,349       213,052       198,627
liabilities                                                                    
                                                                               
Capital and reserves                                                           
                                                                               
Called up share capital                      96,972        80,159        89,259
                                                                               
Share premium                             1,042,696     1,024,438     1,030,553
                                                                               
Profit and loss account                   (947,319)     (891,545)     (921,185)
                                                                               
Shareholders funds                          192,349       213,052       198,627
                                                                               

Notes to the interim financial statement

 1. Basis of preparation
   
The financial statements for the 6 months to 31 May 2011 are unaudited and do
not constitute statutory accounts as defined in section 434 of the Companies
Act 2006. The financial information for the year ended 30 November 2010 is
extracted from the audited statutory accounts for the year then ended which
have been delivered to the Registrar of companies. The audit report on these
accounts was unqualified and did not contain a statement under Section 498(2)
or (3) of the Companies Act 2006, but contained an emphasis of matter.

In the opinion of the Directors the financial information for the 6 months to
31 May 2011 presents fairly the financial position, results of operations and
cash flows for the period in conformity with United Kingdom Generally Accepted
Accounting Principles which have been consistently applied. The interim
statement for the six months ended 31 May 2011 was approved by the Board of
Directors on 30 August 2011.

The financial statements have been prepared under the historical cost
convention and in accordance with applicable United Kingdom accounting
standards. The financial information for the six months to 31 May 2011 has been
prepared on the basis of the accounting policies set out in the full annual
accounts of the Group for the year ended 30 November 2010.

The Directors of the issuer accept responsibility for this announcement.

                                    --ENDS-                                    

Enquiries:

IN-SOLVE PLC
Jonathan Bradley-Hoare
[phone]

RIVINGTON STREET CORPORATE FINANCE
Eran Zucker
[phone]
[e-mail]