13 September 2012 GUILD ACQUISITIONS PLC ("Guild" or "the Company") Interim report - half year ended 30 June 2012 Co-Chairman's statement In the half year to 30 June 2012, Guild Acquisitions plc reports a loss of £1,428 (2011: £19,594). Administrative expenses for the period were £25,196 (2011: £25,967), offset by an unrealised profit of £23,566 on investments. Following comments in my last statement PLUS-SX, the quotations and listings arm of PLUS Markets Group was taken over by ICAP plc on 21 June 2012. The Company continues to trade on PLUS. Shaun Dowling Co-Chairman 7 September 2012 Profit & loss account 6 months to 6 months to 12 months to 30 June 2012 30 June 31 December 2011 2011 Unaudited Unaudited Audited £ £ £ Turnover - - - Cost of sales-exceptional item (23,566) (6,373) 11,418 Gross Profit (Loss) 23,566 6,373 (11,418) Administrative expenses 25,196 25,967 50,186 Operating profit (loss) (1,630) (19,594) (61,604) Interest income 202 - - Profit (Loss) on ordinary activities before (1,428) (19,594) (61,604) and after taxation Profit (Loss) per share (0.00) pence (0.01) (0.04) pence pence Balance sheet At 30 June 2012 At 30 June At 31 2011 December 2011 Unaudited Unaudited Audited £ £ £ Current assets Debtors 10,404 8,780 1,200 Investments 341,319 305,544 317,753 Cash at bank 172,019 259,826 216,045 523,742 574,150 535,492 Creditors Amounts falling due within one year (4,242) (11,212) (14,564) Net current assets 519,500 562,938 520,928 Creditors Amounts falling due over one year (66,000) (62,000) (66,000) Total assets less current liabilities 453,500 500,938 454,928 Capital and reserves Called up share capital 474,760 474,760 474,760 Share premium account 422,882 422,882 422,882 Other reserves 4,000 8,000 4,000 Profit and loss account (448,142) (404,704) (446,714) Equity shareholders' funds 453,500 500,938 454,928 Net Asset Value per share 0.24 pence 0.27 pence 0.24 pence Interim report notes 1. Interim report The information relates to the 6 month period from 1 January to 30 June 2012 The interim report was approved by the Directors on 7th September 2012 The interim report is unaudited. 2. Basis of accounting a. The report has been prepared in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The information does not constitute statutory accounts within the meaning of section 240 of the Companies Act 1985. b. These interim financial statements are the financial statements of the Company. c. The financial statements are prepared under the historical cost convention and are in accordance with applicable accounting standards. d. Investments i. Investments are held as current asset trade investments and are valued at the lower of cost and net realisable value. Foreign denomination loans are translated into sterling at the rate of exchange ruling at the balance sheet date. For those investments listed on a recognised market, net realisable value is taken as mid-market price. Where the directors consider the market price of a company is likely to irreversibly fall, additional write downs in valuation to below mid-market price are made. ii. The net realisable value of certain investments is not readily determinable by reference to a quoted market price. The directors have therefore made their own assessment of the net realisable value and adjusted the carrying value of the investment where it is considered less than cost. This estimate requires estimation techniques, which are reliant upon their experience and expertise. iii. These current asset trade investments are held as part of an investment portfolio and no investment is made as a media through which the Company carries on its business. Investments which may otherwise be classified as Associates, do not therefore fall within this classification for accounting purposes. e. The Company will report again for the full year to 31 December 2012. Copies of this interim report are available free of charge by application in writing to the Company Secretary at 26 Victoria Street, Douglas, Isle of Man, IM1 2LE, by email to [email protected] or from the PLUS website at www.plusmarketsgroup.com. Contact Details: Stephen Corran Guild Acquisitions plc: Tel: 01624 676716 Email: [email protected] Fiona Kinghorn Alexander David Securities Limited 45 Moorfields London EC2Y 9AE Tel: 020 7448 9800 Guild Acquisitions plc