Award International Holdings plc
LSE : AIHP

February 27, 2009 12:25 ET

Final Results to 30 September 2008

AWARD INTERNATIONAL HOLDINGS PLC
RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2008

CHAIRMAN'S STATEMENT

We  continue  to  maintain  a tight control on expenditure and currently have cash  resources  for  routine
expenditure and expansion of GBP140,000.

We  are actively considering a number of investment opportunities and will keep shareholder informed of any
developments.


L.E.V. Knifton
Chariman

27 February 2009


The Directors of the Issuer accept responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Leo Knifton
Award International Holdings PLC
Finsgate
5-7 Cranwood Street
London
EC1V 9EE

Tel: +44 (0) 20 7309 2281
Fax: +44 (0) 20 7566 0023

Nick Michaels
Alfred Henry Corporate Finance Limited
Tel:  +44 (0) 20 7251 3762


PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2008

                                                                Year ended           Year ended
                                                               30 September         30 September
                                                                    2008                2007
                                                      Notes       GBP'000             GBP'000
                                                                                        
Administrative expenses                                             (48)                (36)
Exceptional income                                                   -                  718
                                                                   -----               -----
Operating Profit/(Loss)                                             (48)                682
                                                                   -----               -----
Profit/(loss) on ordinary activities before interest                (48)                682
                                                                                        
Interest receivable                                                   7                   1
                                                                   -----               -----
Profit/(loss) on ordinary activities before taxation                                    
                                                                    (41)                683
                                                                                        
Taxation                                                             -                   -
                                                                   -----               -----
Retained Profit/(Loss) for the year                                 (41)                683
                                                                   -----               -----
                                                                                        
                                                                                        
                                                                    Pence               Pence
Basic Profit/(Loss) per ordinary share                     2        (0.04)              1.02
                                                                    -----               -----
Basic Profit/(Loss) per ordinary share                     2        (0.04)             (0.05)
Excluding exceptional                                               -----               -----
                                                                                        



The profit and loss account has been prepared on the basis that all operations are continuing operations.

There are no recognised gains and losses other than those passing through the profit and loss account.


BALANCE SHEET
AS AT 30 SEPTEMBER 2008


                                                            2008                             2007
                                      Notes        GBP'000         GBP'000         GBP'000          GBP'000
                                                                                                 
Current assets                                                                                   
Debtors                                                2                                11               
Cash at bank and in hand                             153                               194              
                                                   -----                             -----            
                                                     155                               205              
                                                                                                 
                                                                                                 
Creditors: amounts due falling  due                                                              
within one year                                      (16)                              (25)
                                                   -----                             -----            
Net current assets                                                   139                              180
                                                                   -----                            -----
Total assets less current liabilities                                139                              180
                                                                   =====                            =====
                                                                                                 
Capital and reserves                                                                             
Called up share capital                                              341                              341
Share premium account                                              1,667                            1,667
Merger reserve                                                      (118)                            (118)
Profit and loss account                                           (1,751)                          (1,710)
                                                                   -----                            -----
Total equity shareholders' funds                                     139                              180
                                                                   =====                            =====








     
NOTES TO RESULTS
FOR THE YEAR ENDED 30 SEPTEMBER 2008

1.   The financial information set out above does not constitute statutory accounts for the purpose  of
     Section  240  of the Companies Act 1985.   The information above has been extracted from  the  audited
     financial  statements of Award International Holdings Plc and is presented using the  same  accounting
     policies,  which have not yet been filed with the Registrar of companies. The auditors report  on  the
     accounts for the year ended 30 September 2008 was unqualified and was dated 27 February 2009.   Copies of
     the statutory accounts are available from the Company's Registered Office - Finsgate, 5-7 Cranwood Street,
     London, EC1V 9EE.

2.   Loss per ordinary share

    Basic  loss per share is calculated by dividing the loss attributable to ordinary shareholders  by  the
    weighted  average number of shares in issue during the period.  The calculations of loss per share  are
    based on the following results and number of shares:

                                                                         2008                  2007
                                                                       GBP'000                GBP'000
                                                                                        
     Profit (loss) for the year attributable to shareholders              (41)                   683
     For   the  year  attributable  to  shareholders  excluding                         
     exceptional income                                                   (41)                   (35)
                                                                          ====                   ====
                                                                                        
                                                                         Number                 Number
     Weighted average number of shares in issue                       113,500,000            67,253,425
                                                                      ===========            ==========
                                                                                        
                                                                         Pence                  Pence
     Profit/(Loss) per share before exceptional                          (0.04)                 1.02
     Loss per share after exceptional                                    (0.04)                (0.05)
   

Contact Information

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