Interim Results

Screen PLC
18 September 2000


SCREEN PLC   -  INTERIM STATEMENT

INTRODUCTION
------------

I am pleased to present our financial results for the six
month period ended 30th June 2000, a period which saw
positive developments across a broad front. We
accelerated our acquisition programme; enjoyed many sales
successes; brought new talent into the business and
embarked on a series of substantive discussions with
other industry leaders illustrated by our recent
agreement with Radioscape - experts in Digital
Broadcasting - whose technology we are incorporating in
some of our system range.  We believe we are delivering
on our earlier commitment to shareholders to build the
business dynamically through both organic growth and
acquisition.

RESULTS
-------

During the period under review we continued to enjoy a
strong financial position with net assets in excess of
£6m and average cash balances above £2.5m.  Group revenue
was £2,050,190 (1999: £1,663,948) yielding a loss of
£186,689  (1999: profit - £3,470). The Board does not
recommend the payment of a dividend.

The 23% increase in revenue was accompanied by a
corresponding improvement in absolute gross profit.
However, given the range of technical developments and
acquisition opportunities now available to us, we have
taken the decision to assemble a management team for the
company we intend to be rather than the company we are.
The cost of this important investment flowed through to
the bottom line during the first half of the year.

ACQUISITION
-----------

We announced today the agreement to acquire the ProVida in-car
video division of JAI AS, a Danish-based  company,
for a consideration of £3.75m.  This is an exciting
addition to our mobile product range and one which
provides an important extension to our sales and
marketing reach.

BOARD CHANGES
-------------

Earlier in the year I was pleased to announce the
reinforcement of the board by the appointment of two
senior non-executive directors, Ian Taylor MBE MP, and
Charles Hughes. Ian Taylor was Minister of Science and
Technology from 1994 to 1997. Charles Hughes was until
1999 a director of ICL and has held board appointments
with high technology companies in Australia, Germany, US
and UK. Their combined knowledge and experience of the
technology sectors in which we now operate has already
proved to be invaluable.

We also appointed James Shand BSc, FCA, AMCT to the Board
as Finance Director in  May 2000.  He has considerable
experience of acquiring companies and managing rapid
growth situations, and he has lost no time in augmenting
the finance organisation to handle the growth we are
experiencing.

OPERATIONS REVIEW
-----------------

The strategic decision, taken some 3 years ago, to focus
our resources on business tools and solutions deliverable
over the wireless web looks better each time we re-
examine it. Our Business-to-Business products and mobile
data services are well placed to exploit the increased
bandwidth and functionality which new communication networks
will deliver. We anticipate working ever more closely
with the providers of such networks as we offer ways for
them to increase traffic and revenues.

Our operational management is shortly to be reinforced by
Steve Walker who, until recently, was Managing Director
of APD Limited, a position he held for some 10 years and
where he directed that company's drive into mobile
communications. Steve Walker will be focusing on managing
the implementation of our mobile data strategy.

Petards International Limited (International)
---------------------------------------------

International enjoyed its best ever six month trading in
the period under review. The revenue and profit flowing
from sales of the 'Swift' wireless transmission based
CCTV camera system were important contributions to this
result. The range of applications for which the SWIFT
product is now being adopted is growing. In addition to
its use in mobile rapid deployment applications, the
product is increasingly being considered as a serious
alternative to equipment conventionally used for
permanent CCTV camera positions. Having established a pre-
eminent position in the UK market for wireless CCTV
systems, progress is now being made towards extending our
reach into the Asian, European and North American
markets.

Demand for our computer-based security control systems
remains strong. International continues to be very well
positioned to take advantage of the growing need for more
complex and diverse use of video and other related
information derived from CCTV and electronic security
devices - in particular for those applications calling
for the convergence of CCTV surveillance technologies
with mobile data applications over wireless networks.

In support of this growth International is recruiting
further sales and marketing resources and will shortly be
moving into larger premises where the higher levels of
business can be better accommodated.

Petards Datax Limited (Datax)
-----------------------------

Datax performed below our earlier expectations in the
period due to increased investments in product
development. A decision was taken to divert technical
resources to re-engineer our police products to meet the
demanding VIDG5 emission standards required by the
Metropolitan Police. This work has been successfully
completed and makes Datax products compliant with the
toughest market standards.  The knock-on effect meant
delays were experienced in other areas of the business
including the hand held device, which will now start
shipping in October 2000.

There have been some exciting developments that
strengthen the position of Datax. Under the direction of
Richard Hill it has recently successfully and exclusively
integrated the important ProVida 'in-vehicle video' technology
produced by JAI AS. This technology, which is in use
by police in 21 countries and operated by most of the UK
forces, enables officers in an equipped  police car to
record the speed and conduct of a vehicle under
surveillance, providing invaluable evidential support.
As referred to earlier, we have announced today that we
have secured all the rights to this exceptional
technology (as featured in TV police programmes such as
'Police, camera, action!') throughout much of the world.
The ProVida acquisition will also bring the international
organisation which develops, markets and supports it.
This is  headed by Orla Bennett, who has been involved
with this business and the architect of its success for
some 14 years.

Following completion we will have in our ownership and
direct control an operational distribution channel with
contacts and contracts in 21 countries throughout Europe,
Africa and the Middle East. We anticipate channelling our
mobile data, rapid deployment cameras and other products
through this organisation.

Tranzline Limited (Tranzline)
-----------------------------

Tranzline, a company specialising in Customer
Relationship Management software (CRM), was purchased in
May 2000 and has made a very small contribution to our
results in the period under review with the one-time
costs of integration adversely impacting the overall
result of the group.  In addition to delivering the
excellent results produced by Petards International,
Michael Williams has assumed board responsibility for
Tranzline.

We believe that with Tranzline's CRM offerings we are
well positioned to provide highly relevant IT based
solutions to a large section of industry.   As companies
convert normal transactions into electronic commerce
transactions to reduce costs, we expect  to enjoy a
larger share of corporate IT spend.

Our primary reason for acquiring Tranzline  was to
provide us with a direct route to add further value to
our mobile data systems by incorporating CRM
functionality for mobile users in the commercial
marketplace, in particular for field service and field
sales staff.

It is clear, however, that the potential market for the
Tranzline product is very large indeed and extends well
beyond that which we can reach with our current resource
levels.  Therefore, since completion of the acquisition
we have invested in the preparation and establishment of
a reseller channel targeted at a number of vertical
markets in which specific industry knowledge is key to
success. The first reseller, specialising in the
insurance and shipping industries, was appointed earlier
this month and we anticipate that incremental business
from this and other resellers will start to flow in the
second half of this financial year

SUMMARY
-------

We have strengthened our management team and balance
sheet, dramatically improved our sales and marketing
channels and strategically expanded our product
portfolio.

It is, of course, important to demonstrate to our markets
the coherence of our corporate development activity and
the careful way in which our newly acquired businesses
are being integrated into the Group. To this end, whilst
we will retain Screen Plc as the Group name, we have
embarked on a branding programme which will build on the
already strong 'Petards' brand and we will reflect this
style across our operating subsidiaries where it is
appropriate to do so.

Our aim continues to be to establish a highly focused
range of products and services supported by an
accomplished management team and facilitated by a long
reaching channel strategy.  Building this platform is an
investment which, in the opinion of the Board, will
deliver superior long term growth both organically and by
acquisition for our shareholders.


Owen Williams
Chairman



GROUP SUMMARY PROFIT & LOSS ACCOUNT                                       
-----------------------------------                                           
                               
                                    Unaudited 6   Unaudited 6   Audited 12
                                      months        months     months ended
                                     ended 30      ended 30     31 December
                                     June 2000     June 1999       2000
                                        £             £             £
Turnover  
--------
                                                               
Continuing Operations                1,845,497     1,663,948      3,304,928
Acquisitions                           204,693             0              0
                                     ---------     ---------     ----------
                                     2,050,190     1,663,948      3,304,928
Cost of Sales                       (1,192,122)   (1,014,651)    (1,767,017)
                                     ---------     ---------     ----------
Gross Profit                           858,068       649,297      1,537,911
Overheads                           (1,108,558)     (632,617)    (1,294,030)
                                          
                                                                        
Operating Profit / (Loss)                                                
-------------------------
Continuing Operations                 (298,283)       16,680        257,609
Acquisitions                            47,793                           
Discontinued Operations                                             (13,728)
                                     ---------      --------      ---------
                                      (250,490)       16,680        243,881
                                      
Exceptional (loss) on                                               (75,832)
disposal of discontinued operation
                                                                        
Profit / (Loss) on Sales of 
Fixed Assets                             2,777        16,711               
Interest Received                       90,085           986          3,997
Interest Payable                       (39,880)      (24,563)       (60,937)
Goodwill Ammortisation                 (12,875)                           
                                      --------      --------       --------   
Profit / (Loss) before Taxation       (210,383)        9,814        111,109
                                                                       
Taxation                                     0                          158
                                       --------     --------       -------    
Profit / (Loss) after Taxation        (210,383)        9,814        111,267
                                           
Minority Interest - Equity              23,694        (6,344)       (21,802)
                                       --------      --------       -------   
                                                                         
Profit / (Loss) for the Financial     
Period                                (186,689)        3,470         89,465   
                                       ========       =======       =======
                                                                        
Earnings / (Loss) per Share            (0.056)p        0.001p        0.03p

                                                   
                                                             
GROUP BALANCE SHEET
-------------------

                                      Unaudited as    Audited as   Unaudited
                                       at 30 June       at 31       as at 30
                                          2000         December     June 1999
                                                         1999
                                                             
Intangible Assets                       2,797,010       733,746      415,383
Tangible Assets                           465,101       337,207      254,874
                                        ---------     ---------      -------
Total Fixed Assets                      3,262,111     1,070,953      670,257
                                             
                                                             
Current Assets 
--------------
Stocks                                    552,349       513,572      222,559
Debtors                                 2,046,919     1,508,188    1,088,314
Cash at Bank                            2,066,764       503,100       50,366
                                        ---------     ---------    ---------
                                        4,666,032     2,524,860    1,361,239
                                                              
Creditors due                                                
within One Year
---------------
Bank Overdraft                                  0      (771,917)    (354,598)
Other Creditors                        (1,857,800)   (1,303,517)  (1,403,799)
                                        ---------     ---------    ---------
                                       (1,857,800)   (2,075,434)  (1,758,397)
                                                             
Net Current Assets / (Liabilities)      2,808,232       449,426     (397,158)

Total Assets Less Current Liabilities   6,070,343     1,520,379      273,099
                                                             
Creditors due within One Year            (10,095)       (55,306)     (73,111)
                                        ---------     ----------    ---------
Net Assets                              6,060,248      1,465,073     199,988
                                        =========     ==========    =========
                                                             
Capital and Reserves
--------------------
Called up Share Capital                 9,034,194      4,204,941    3,058,579
Reserves                               (2,956,144)    (2,745,761)  (2,849,026)
                                        ---------      ---------    ---------
Equity Shareholders' Funds              6,078,050      1,459,180      209,553
                                                             
Minority Interest - Equity               (17,802)          5,893      (9,565)
                                        ---------      ---------    ---------
                                        6,060,248      1,465,073      199,988
                                        =========      =========    =========

NOTES

1.   Non Statutory Accounts

These statements do not constitute financial statements
within the meaning of section 240 of the Companies Act
1985.  These statements have not been audited.  No
financial statements will be filed for the six months
ended 30 June 2000.

2.   Basis of Preparation

The statements have been prepared in accordance with the
accounting policies set out in the group's 1999 Annual
Report and Accounts.

3.   Taxation

No provision for taxation has been made in the profit and
loss account for the six months to 30 June 2000.  No
provision was required in the six months to 30 June 1999.

4.   Earnings per Share

The loss per share for the six months to 30 June 2000 is
based on the weighted average number of ordinary shares
of 335,125,436.  The loss per share for the six months to
30 June 1999 is based on the weighted average number of
ordinary shares of 262,742,854.

5.   Intangible Assets

Intangible assets have risen by £2,063,264 since 31
December 1999, mainly due to the goodwill acquired with
the purchase of Tranzline Ltd. in May 2000.

6.   Copies of the interim accounts will be sent to
shareholders.  Further copies will be available from the
company's registered office at Stubbings Barn, Burchetts
Green Lane, Burchetts Green, Maidenhead, Berks. SL6 3QP,
for the next 14 days.

AUDIT COMMITTEE REPORT

The audit committee consists of the two non-executive
directors, Mr Ian Taylor MBE and Mr Charles Hughes.  It
reviews and monitors the group's financial controls,
accounting policies and financial reporting.

The audit committee has reviewed the unaudited interim
financial statements and is satisfied that they have been
prepared using accounting policies consistent with those
adopted by Screen Plc in its financial statements for the
year ended 31 December 1999.  The Committee in the course
of its review has not become aware of any material
modifications that should be made to the interim
financial statements as presented.