Interim Results

RNS Number:1832J
Dimension Resources Ld
20 September 2006

Dimension Resources Limited

Chairman's Statement

Six Months Ended 30 June 2006

I have previously reported to you that the Company had ceased quarrying and
processing dimension stone itself, and that arrangements had been made for the
Group's South African assets to be realised, the local creditors to be paid and
the balance to be remitted back to the United Kingdom. Following these
realisations, the directors had been advised that the Company would receive
approximately #400,000 in value, either in cash or by way of an income stream.

The realisation of assets is still continuing, and has much taken longer than
anticipated. Rather than being sold, the Company's quarries are being operated
by a contractor, and the administrator is receiving a royalty on sales. The
interim accounts reflect the first amount to be remitted back to the United
Kingdom, but that only amounted to some #8,000. The administrator in South
Africa is still expecting to finalise the arrangements for contract quarrying in
the near future, which should release further cash as well as providing an
income stream for the future.

The loss for the period of #20,000 (2005 - #25,000) represents the minimum costs
of maintaining the listing on AIM. The company continues to be classified as a
trading company due to its quarries remaining active, and is not subject to
delisting from AIM as a shell company.

The Directors continue to consider new projects to be injected into the Company,
but are unable to make progress until the position in South Africa is finalised.


Brian Moritz
(Chairman)

20 September 2006

Income statement for the six months ended 30 June 2006

                                          Six Months ended          Six Months ended
                                                   30 June                   30 June
                                                      2006                      2005
                            Note                       GBP                       GBP

Turnover                                                 -                         -

Cost of                                                  -                         -
sales                                             ----------                 ---------

Gross                                                    -                         -
profit

Administrative
expenses                                           (20,166)                  (24,813)
                                                  ----------                 ---------
Operating loss                                     (20,166)                  (24,813)

Interest
receivable and
similar income                                          11                        28

Interest payable and                                     -                         -
similar charges                                   ----------                 ---------

Net loss
before
taxation                                           (20,155)                   (24,785)

Taxation                                                 -                         -
                                                  ----------                 ---------
Net loss for
the period                     2                   (20,155)                  (24,785)
                                                  ==========                 =========
(Loss) per
share                          3                    (0.010p)                  (0.013p)


Balance sheet at 30 June 2006

                                                     30 June                 30 June
                                                        2006                    2005
                                                         GBP                     GBP

ASSETS

Non-current assets                                   391,986                 400,000
                                                    ----------             ---------
Investments                                          391,986                 400,000
                                                    ----------             ---------

Current assets                                         9,591                   9,598
                                                    ----------             ---------
Trade and other receivables                            3,255                   6,291
Cash at bank and in hand                               6,336                   3,307
                                                    ----------             ---------

                                                    ----------             ---------
Total assets                                         401,577                 409,598
                                                    ==========             =========



EQUITY AND LIABILITIES

Shareholders' funds                                  298,867                 337,241
                                                    ----------             ---------
Called up share capital                            6,799,000               6,799,000
Share premium account                             11,932,457              11,932,457
Profit and loss account                          (18,432,590)            (18,394,216)
                                                    ----------             ---------

Current liabilities                                  102,710                 72,357
                                                    ----------             ---------
Trade and other payables                             102,710                 72,357
                                                    ----------             ---------

                                                    ----------             ---------
Total equity and liabilities                         401,577                409,598
                                                    ==========             =========


Cash flow statement for the six months ended 30 June 2006

                                        Six months ended             Six months ended  
                                                30 June                      30 June
                                                  2006                          2005
                                                   GBP                           GBP

CASH FLOWS
FROM OPERATING
ACTIVITIES                                     (4,527)                        (4,152)
                                             ----------                     ---------
Cash absorbed
by operations                                  (4,538)                        (4,180)

Interest
received                                           11                             28
                                             ----------                     ---------

CASH FLOWS FROM INVESTING
ACTIVITIES
                                             ----------                     ---------
Loans repaid
by subsidiary
companies                                       8,014
                                             ----------                     ---------


NET INCREASE
(DECREASE) IN
CASH AND CASH
EQUIVALENTS                                     3,487                         (4,152)

Cash and cash
equivalents at
the beginning
of the period                                   2,849                          7,459

                                             ----------                     ---------
Cash and cash
equivalents at
the end of
period                                          6,336                          3,307
                                             ==========                     =========

Notes

1.The financial statements, which are unaudited, have been
  drawn up using accounting policies applicable to the year ended 31 December
  2005. They do not constitute statutory accounts.

2.No dividend is payable for the period.

3.The loss per share is based on losses of #20,155 (2005 - #24,785), and on 
  197,042,498 ordinary shares in issue.






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