Storyboard Assets Plc
LSE : STYP

August 27, 2009 04:00 ET

Unaudited Interim Results to 31 May 2009

                                                                                          27/08/2009
                                                                         GB00B3DBY868/GBP/PLUS-exn
                                                     
                                           STORYBOARD ASSETS PLC
                                                     
                                      ("Storyboard" or "the Company")

                  Unaudited Interim Results for the period 1 December 2008 to 31 May 2009


Chairman's Statement

The  six  months  to  31st May 2009 has seen Storyboard complete the first phase of  its  development.  The
company  now  has  an  enviable portfolio of works from which it will seek to generate meaningful  revenues
during the course of 2009/2010 and beyond.

Storyboard's  exhibition proposition involves a dual-strategy that will see revenue generated from  gallery
hire  fees  together with the sale of associated branded items in gallery shops. The exhibitions themselves
also serve to enhance value of the artworks as the galleries effectively act as willing "shop windows"  for
Storyboard's principal assets; its portfolio of world class illustrations. The net effect should see the
company  operate  on  a  break-even or better basis from the beginning of the next  financial  year,  while
enjoying continuing asset appreciation.

Meanwhile,  Storyboard  has successfully placed its collection at a gallery in Boston,  Lincolnshire.  This
initial  exhibition  will allow the company to profile its portfolio to galleries  in  a  relevant  setting
whilst affording the opportunity to develop the exhibit in situ.

I  thank  shareholders  for their support of the Company to date and I look forward  to  reporting  further
developments in due course.


Marcus Yeoman
Chairman
STORYBOARD ASSETS PLC

UNAUDITED RESULTS FOR THE PERIOD 1 DECEMBER 2008 TO 31 MAY 2009


PROFIT AND LOSS ACCOUNT


                                                                   Period                     Period
                                                                   01.12.08                   24.11.07
                                                                      to                         to
                                                                   31.05.09                   30.11.08
                                                                      £                          £

TURNOVER                                                              -                           -

Administrative expenses                                           50,080.00                   116,740.00

OPERATING LOSS
ON ORDINARY ACTIVITIES
BEFORE               TAXATION                                    (50,080.00)                  (116,740.00)

Tax  on  loss on ordinary activities                                  -                            -    

LOSS FOR THE FINANCIAL PERIOD
AFTER               TAXATION                                     (50,080.00)                  (116,740.00)


Basic loss per share                                                  (8.00)                       (38.84)




Notes

1.       The  financial  information for the period ended 31 May 2009 has not been  audited  and  does  not
    constitute statutory accounts within the meaning of Section 434 of the Companies Act 2006.  It has however
    been subject to a review by the company's auditors.

2.       Basic  loss  per share has been calculated using the weighed average number of shares  of  625,510
    (2008 - 300,575).
        
The Directors of the Issuer accept responsibility for this announcement.

Contact Information:

Company:
Storyboard Assets Plc
Luke Heron
Telephone: 07912 044 941


Corporate Adviser:
St Helen's Capital Plc
Duncan Vasey/Mark Anwyl
Telephone: 020 7628 5582





Contact Information

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