2000 Interim Results

nanoUniverse PLC
27 September 2000


                              NANO UNIVERSE PLC
                            2000 INTERIM RESULTS

           OPERATIONS ESTABLISHED AND CASH RESERVES REMAIN HEALTHY

nanoUniverse  today  announced its Interim Results  for  the  period  from  7
October 1999 to 30 June 2000.

nanoUniverse plc is a holding company that invests in, develops and  operates
companies that are well positioned to capitalise on the Internet's transition
to  broadband.  The company was admitted to the Alternative Investment Market
on 2 March 2000, raising £25.7 million, net of expenses.

HIGHLIGHTS:

     -    Established operations in London and Los Angeles
     -    Cash reserves of £25.5 million (78 pence per share outstanding)
     -    Monthly recurring operating costs of approximately £0.1 million
     -    An investment strategy focused on broadband content

Alan Buggy, Executive Chairman, commented:

'In  the period covered by this first set of public results, nanoUniverse has
established operations in both London and Los Angeles.

We  are  currently evaluating a number of exciting opportunities  within  the
broadband space.  The demand for new, rich, cutting-edge content for digital,
as   well   as   conventional  distribution,  continues  to  exceed   supply.
nanoUniverse  remains  focused on this sector and  has  a  strong  and  well-
balanced  management  team,  a solid financial  position  and  the  extensive
expertise needed to capitalize on these opportunities.

I  believe the prospects for nanoUniverse are excellent, and look forward  to
relaying the company's continued progress at the end of the year.'

                                                            27 September 2000
Enquiries:

nanoUniverse plc                        Tel: [phone]
Alan Buggy, Executive Chairman          E-mail: [e-mail]

College Hill                       Tel: [phone]
Nicola Weiner                      E-mail: [e-mail]
Chelsea Allen                      E-Mail: [e-mail]



                              NANO UNIVERSE PLC
                       EXECUTIVE CHAIRMAN'S STATEMENT
                                      

I  am  very  pleased  to present nanoUniverse's first  results  as  a  public
company.

The financial figures show that nanoUniverse remains in a strong position  to
take  advantage  of investment and development opportunities  going  forward.
The  Company has a secure cash position, a firm control of overhead costs and
a focused investment strategy.

Financial and Operational Summary

The  Company's  net  asset  value at 30 June 2000 was  £25.2million,  against
£(0.2)  million at 31 December 1999.  nanoUniverse has a strong cash position
relative  to  many  of  its peers, and is well placed to  take  advantage  of
investment  opportunities  offering strong growth potential.   The  Company's
cash  balance was £25.5 million or 78 pence per outstanding share  as  at  30
June 2000.

The   Company's   overheads   have  been  well  controlled   throughout   the
establishment of offices in Los Angeles and London, and currently  amount  to
approximately £0.1 million per month.  They are not anticipated  to  increase
materially  in  the  foreseeable  future.   Total  overhead  costs  for  this
reporting  period were £0.9 million or approximately £0.1 million per  month.
Almost all startup expenses had been incurred as of 30 June 2000.

Investment Intentions & Opportunities

nanoUniverse   remains  committed  to  investing  in  the  broadband   space,
particularly  where  the  convergence of new and traditional  media  provides
substantial revenue opportunities.  nanoUniverse is also focused on  business
models  that  will  directly  benefit from the  structural  changes  in  both
traditional media and the Internet, such as interactive television and  video
on   demand,   that  will  drive  increasing  demand  for  quality   content.
nanoUniverse is considering a range of opportunities within these areas.

The Company continues to seek investments that have the potential to generate
positive  cash  flow in the short to medium term.  nanoUniverse's  management
team is also developing business concepts internally and intends to work with
proven media and technology executives to build these business concepts  into
viable business opportunities.

Outlook

nanoUniverse  is ideally placed to benefit from the Internet's transition  to
broadband and the convergence of the Internet and media industries.   It  has
deep  sector  expertise  in media and 'rich' interactive-enabled  content,  a
strong management team, comfortable cash reserves, and a coherent and focused
investment strategy.

The  focus  will  now  be  to  build  on  this  solid  foundation:  creating,
identifying  and  evaluating quality investments  that  are  best  placed  to
benefit  both  from the current industry developments and from nanoUniverse's
expertise  in  the  media  and  technology.   As  technological  developments
continue  to  increase the demand for content, the outlook  for  nanoUniverse
looks both promising and exciting.


Alan Buggy
Executive Chairman
25 September 2000
                                      
                    Consolidated Profit and Loss Account
             for the Period from 07 October 1999 to 30 June 2000


                                                                Period Ended
                                                                30 June 2000
                                                                 (Unaudited)
                                                                          £
                                                                
   Turnover                                                     0
                                                                
                                                                
   Administrative Expenses                                      (931,755)
                                                                
                                                                
   Operating Loss                                               (931,755)
                                                                
                                                                
   Other Interest Receivable and Similar Income                  467,235
                                                                
                                                                
   Loss on Ordinary Activities Before and After                 (464,520)
   Taxation
                                                                
                                                                
   Basic and Diluted Loss per Ordinary Share                     (2.77p)



                         Consolidated Balance Sheet
                             as at 30 June 2000


                                        £                     £
                                                              
Fixed Assets                                                  
  Tangible Assets                                             163,860
  Investments                                                 3,869
                                                              
                                                              167,729
                                                              
Current Assets                                                
  Debtors                               138,830               
  Cash at Bank and in hand              25,459,860
                                                              
                                        25,598,690
                                                              
Creditors: Amounts Falling                                    
   Due
  within One Year                       (565,942)             
                                                              
                                                              
Net Current Assets                                            25,032,748
                                                              
Total Assets Less Current                                     25,200,477
   Liabilities
                                                              
                                                              
                                                              
Capital and Reserves                                          
  Called Up Share Capital                                     327,500
  Share Premium Account                                       25,337,497
  Profit and Loss                                             (464,520)
                                                              
  Shareholders' Funds -                                       25,200,477
   Equity Interest
                                                              



                    Consolidated Cashflow for the Period
                    from 07 October 1999 to 30 June 2000

                                          £                    £
                                                               
Net cash outflow from operating                                (500,450)
   activities
                                                               
                                                               
Returns on investments and                                     
   servicing of finance
   Interest received                      467,235              
                                                               
                                                               
Net cash inflow for returns on                                 
   investments and
servicing of finance                                           467,235
                                                               
                                                               
Capital expenditure and                                        
   financial investment
   Payments to acquire tangible           (168,053)             
   assets                                
   Payments to acquire                    (3,869)              
   investments
                                                               
Net cash outflow for capital                                   (171,922)
   expenditure
                                                               
Net cash outflow before                                        
   management of liquid
resources and financing                                        (205,137)
                                                               
Management of liquid resources                                 
   Increase in short-term                                      (25,413,629)
Deposits                                                    
                                                               
Financing                                                      
   Issue of ordinary share                27,044,562             
   capital                                
   Share issue costs                      (1,379,565)             
   Net cash inflow from                                        25,664,997
   financing                                                   
                                                               
                                                               
Increase in cash in the period                                 46,231


                 Notes to the Consolidated Cashflow for the
                 Period from 07 October 1999 to 30 June 2000


1.   Reconciliation of operating loss to net cash outflow from operating
activities

                                   £
                                   
     Operating loss                (931,755)
     Depreciation                  4,193
     Increase in debtors           (138,830)
     Increase in creditors within  565,942
     one year
                                   
                                   
     Net cash outflow from         (500,450)
     operating activities

2.   Analysis of net funds

                          7 October                    Other non-           
                               1999      Cash flow   cash charges    30 June
                                                                        2000
                                                                            
     Net cash:                                                              
     Cash at bank                 -         46,231              -      46,231
                                                                            
     Short-term                   -     25,413,629              -  25,413,629
     deposits                  
                                                                            
                                                                            
     Net funds                    -     25,459,860              -  25,459,860
                                                                           

3.   Reconciliation of net cash flow to movement in net funds

                                                                £
                                                                 
     Increase in cash in the period                        46,231
                                                                 
                                                                 
     Cash outflow from increase in short-              25,413,629
     term deposits
                                                                 
     Movement in net funds in the year                 25,459,860
                                                                 
     Opening net debt                                           -
                                                                 
                                                                 
     Closing net funds                                 25,459,860
                                      
                   Notes to Consolidated Accounts for the
                 Period from 07 October 1999 to 30 June 2000
                                      


1)   Accounting policies

     (a) Basis of accounting

     The   financial  statements  have  been  prepared  in  accordance   with
     applicable accounting standards and under the historical cost accounting
     rules.

     (b) Basis of Consolidation

     The  group financial statements consolidate the accounts for the company
     and  its  subsidiary  undertakings.  Profits  and  losses  of  companies
     entering  the group are included from the date of acquisition.  The  net
     assets  of the subsidiaries acquired are included on the basis of  their
     fair value.

     (c) Interim report

     These  interim results do not constitute statutory accounts  within  the
     meaning  of Section 240 of the Companies Act 1985. No statutory accounts
     have been filed with the Registrar of Companies to date, as this is  the
     first accounting period of the Company and the Group.

     Copies  of  this  statement  will  be sent  to  all  shareholders.   The
     statement    will    also   be   published    on    our    website    at
     www.nanouniverse.co.uk and will also be available on written application
     to  the Company Secretary, nanoUniverse plc, 3rd floor, Brook House, No.
     12 Chapel Place, Rivington Street, London EC2A3DQ.

     No interim dividend is proposed.

2)   Subsidiary Undertaking

     The  company  established botBeat inc. in which it has an 80%  interest.
     botBeat,  inc.  is  incorporated in the United States  of  America.  The
     company  has in addition provided £95,000 to botBeat, inc, in  order  to
     provide working capital and development funds.

3)   Loss per Share

     In  accordance with FRS 14 the Basic and Diluted loss per share has been
     calculated on a loss for the financial period of £464,520 and a weighted
     average  of  16,775,187 Ordinary shares of 1p being in issue during  the
     period.

4)   Aquarius Warrants

     As  disclosed  in  the  AIM Admission Document dated  24  February  2000
     Aquarius   Commercial  Enterprises  Limited  was   granted   a   warrant
     conditioned  upon  monies  raised in an overseas  placing.  The  company
     issued  a subscription warrant entitling Aquarius Commercial Enterprises
     Ltd to subscribe up to 2 million Ordinary shares at an exercise price of
     10p and 1,057,256 at 125p.
     
  5)   Dividends
  
     No interim dividend is proposed.