BOL Bolton Grp(Int)

RNS Number:2743C
Bolton Group (International) Ld
17 August 2007




Bolton Group (International) Limited


Preliminary Results for the year ended 30 April 2007


The Board of Bolton Group (International) Limited ('Group') real estate holding
and development group, announces its preliminary unaudited results for the year
ended 30 April 2007.


Chairman's Statement

The Group has made a loss before tax of #92,000 (2006: profit before tax:
#370,000).

No income was received during the year and the financial results reflect solely
the various administration, legal and other expenses incurred during the year.

The Directors are not able to recommend the payment of a dividend.


During the financial year and since the end of that year the Board has continued
the search for suitable property investment and development opportunities in the
various emerging markets. Visits to several countries and important contacts
have been made and a number of possible projects have been identified, both in
the commercial and residential sectors.

However, as of today no commitments have been made. The Board considers that
the timing of investments is crucial given the prevailing state of the financial
markets. Additionally the availability and choice of appropriate loan finance
are also critical issues in determining whether or not a satisfactory return on
any investment can be achieved.

No additional shares were issued during the year and since the year-end.



Michael Goletka
Chairman





Consolidated profit and loss account
Year Ended 30 April 2007

                                                              Year ended           Year ended
                                                           30 April 2007        30 April 2006
                                                              (Unaudited)            (Audited)


                                                                    #000                 #000

Turnover                                                               -                  174
Administrative expenses                                              (92)                (339)


Operating profit / (loss)                                            (92)                (165)

Interest payable                                                       -                   53

(Loss)/profit on ordinary activities before
 taxation                                                            (92)                (218)

Tax on (loss)/profit on ordinary activities                            -                    -


(Loss)/profit on ordinary activities after                           (92)                (218)
 taxation

Exceptional item                                                       -                  588

Retained (loss) / profit for the year                                (92)                 370


(Loss)/earnings per share                                          (0.15)p               0.43p

Diluted (loss)/earnings per share                                  (0.15)p               0.43p






Consolidated balance sheet
at 30 April 2007
                                              NOTE
                                                             Year ended             Year ended
                                                          30 April 2007          30 April 2006

                                                                   #000                   #000

Fixed assets
Tangible assets                                                       -                      -

Current assets
Debtors                                                               -                      -
Cash at bank and in hand                                              -                      -


Creditors: amounts falling due within one                          (479)                  (387)
year

Net current liabilities                                            (479)                  (387)


Total assets less current liabilities                              (479)                  (387)

Creditors: amounts falling due after more than one                    -                      -
year    7


Net (liabilities) / assets                                         (479)                  (387)

Capital and reserves
Called up share capital                                             861                    861
Share premium account                                             1,645                  1,645
Revaluation reserve                                                   -                      -
Other reserves                                                        -                      -
Profit and loss account                                           (2985)                (2,893)

Shareholders' funds - equity                                       (479)                  (387)





Preliminary Results

1.  The preliminary results report has been prepared using accounting policies 
    consistent with those set out in the statutory accounts of the group for 
    the year ended 30 April 2007.

2.  The financial information for the year to 30 April 2007 is unaudited and 
    does not constitute statutory accounts within the meaning of Section 240 of
    the Companies Act 1985. The figures relating to the year ended 30 April 2006 
    are an extract from statutory accounts within the meaning of Section 240 of 
    the Companies Act 1985 which have been delivered to the Registrar of 
    Companies and on which the auditors gave an unqualified audit report.

3.  The calculation of the (loss)/earnings per share and diluted (loss)/ 
    earnings per share are based on the following (losses)/profits after 
    taxation and weighted average numbers of shares:


                                                  Year ended 30 April     Year ended 30 April
                                                         2007                    2006

                                                         #000                    #000
Earnings/(loss) per share
Profit/(loss) after tax (#000)                           (92)                     370
Number of shares                                      86,138,328              86,138,328

Diluted earnings/(loss) per share
(Loss)/profit after tax (#000)                           (92)                     370
Number of shares                                      86,138,238              86,138,238



4.  Copies of this interim report will be available to the shareholders and the 
    public from the group's registered office.





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            The company news service from the London Stock Exchange
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