Interim Results

Highway Capital PLC
31 October 2007


                              HIGHWAY CAPITAL PLC

INTERIM REPORT 2007

Chairman's Statement

The results for the six months ended 31 August 2007 showed a loss before tax of
£26,000 (2006: £29,000 loss).

No dividend has been declared.

Unfortunately, even though we currently have two shareholders each controlling
20% or more of the issued share capital, neither they nor your directors have
yet succeeded in identifying a suitable acquisition for your company which would
add shareholder value.  However, I assure you that your directors will put to
shareholders any opportunity for an acquisition which will add shareholder
value.

A H Drummon
Chairman

31 October 2007


Income Statement              Notes   6 months ended      6 months ended
                                      31 August 2007      31 August 2006
                                       (unaudited)         (unaudited)
                                             £'000               £'000


Revenue                                          -                   -
Administration expenses                        (38)                (39)
                                             -----               -----
Operating loss                                 (38)                (39)
Finance income                                  12                  10
                                             -----               -----
Loss before taxation                           (26)                (29)
Tax on loss                                      -                   -
                                             -----               -----
Loss attributable to equity
shareholders                                   (26)                (29)
                                             =====               =====

Loss per share                   2           (0.33)p             (0.36)p
                                             =====               =====
Dividends per share              3               -                   -
                                             =====               =====


Reconciliation of Equity Shareholders' Funds                     £'000

Loss attributable to equity shareholders                           (26)
Dividends                                                            -
                                                                 -----
Net decrease in shareholders' funds                                (26)
Shareholders' funds at 1 March 2007                                510
                                                                 -----
Shareholders' funds at 31 August 2007                              484
                                                                 =====


Balance Sheet                             31 August 2007  31 August 2006
                                           (unaudited)     (unaudited)
                                                 £'000           £'000

Fixed assets
Investments                                          -               -
                                                 -----           -----
                                                     -               -
Current assets
Debtors                                             12              11
Cash at bank and in hand                           508             554
                                                 -----           -----
                                                   520             565
Creditors: amounts falling due within
one year                                           (36)            (26)
                                                 -----           -----
Net current assets                                 484             539
                                                 -----           -----
Net assets                                         484             539
                                                 =====           =====

Capital and reserves
Share capital                                      159             159
Share premium                                      295             295
Profit and loss account                             30              85
                                                 -----           -----
Total equity shareholders' funds                   484             539
                                                 =====           =====


Cash Flow Statement                    6 months ended    6 months ended
                                       31 August 2007    31 August 2006
                                         (unaudited)       (unaudited)
                                      £'000    £'000    £'000    £'000

Net cash outflow from operating
activities                                       (32)              (47)
Returns on investments and servicing
 of finance
Dividends received                        -                 -
Interest received                        12                10
                                      -----             -----
                                                  12                10
Equity dividends paid                              -                 -
                                               -----             -----
Decrease in cash                                 (20)              (37)
                                               =====             =====


Notes to the Interim Statement

1.  Basis of preparation of the interim statement

    The income statement, reconciliation of equity shareholders' funds, balance
    sheet and cash flow statement have been prepared on a basis consistent with
    the financial statements for the year ended 28 February 2007. A copy of the
    full financial statements for the year ended 28 February 2007, on which the
    auditors have issued an unqualified report, has been delivered to the
    Registrar of Companies. The financial information contained in the interim
    statement does not constitute statutory accounts within the meaning of
    section 240 of the Companies Act 1985. There are no acquired or discontinued
    operations in the above two financial periods.

    Highway Capital plc is a stand-alone company and does not prepare
    consolidated accounts. It has therefore continued to prepare its accounts in
    accordance with UK rather than international accounting standards, as
    permitted under EC Regulation 1606/2002.

2.  Loss per share

    The loss per ordinary share calculation has been based on the losses
    attributable to ordinary shareholders of £26,000 (2006: £29,000), divided by
    7,945,638 (2006: 7,945,638) being the average of the issued share capital
    during the period.

    There is no difference between the basic and diluted loss per share.

3.  2007 interim dividend

    No interim dividend has been declared.

4.  Publication

    Copies of this statement will be circulated to all shareholders and will
    also be available from the company's registered office at 73 Wimpole Street,
    London W1G 8AZ.



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