Final Results

RNS Number:8221C
Simons & Co Limited
30 April 2001

                              Simons & Co Limited
                             Preliminary Statement

                         Year ended 31 December 2000


CHAIRMAN'S STATEMENT

The  results for the year ended 31 December 2000 show that the policy  of
investing  in publicly listed and unquoted companies adopted in  1998  to
provide an enhanced income has been beneficial. The portfolio of publicly
listed  and  unquoted company shares which are held by  the  Company  has
performed  satisfactorily. There have also been  successful  dealings  in
publicly listed shares.

The dividend of 3.75% net per share due to Preference shareholders for the
period  to 30 June 2000 was paid on 1 July 2000 and the dividend  of  3.75%
net per share due to Preference shareholders for the period to 31 December 
2000 was paid on 1 January 2001.

No dividend was declared in respect of the Company's Ordinary shares.

Copies of the 2000 Report and Accounts will be available from the registered
office.

G M Simon
Chairman


     SIMONS & CO LIMITED

     PROFIT AND LOSS ACCOUNT
     for the year ended 31 December 2000

                                          Note     2000        1999
                                                     #           #

     Turnover - continuing operations            23,459      18,795

     Net operating expenses
     Distribution costs                               -        (663)
     Administrative expenses                    (12,773)     (3,769)

     Operating profit-continuing operations      10,686      14,363
     Profit on sale of fixed asset investments    2,638           -

     Profit before interest                      13,324      14,363
     Interest payable                              (120)        (48)

     Profit on ordinary activities before 
       taxation                                  13,204      14,315
     Tax on profit on ordinary 
       activities                          1     (1,838)        802

     Profit on ordinary activities after 
       taxation                                  11,366      15,117
     Dividends (including non-equity 
       interests)                           2   (11,250)    (11,250)

     Retained profit for the year                   116       3,867


      SUMMARISED CONSOLIDATED CASH FLOW STATEMENT
      for the year ended 31 December 2000

                                                   2000        1999
                                                     #            #

     Net cash inflow from operating activities  237,328     114,337
     Returns on investment and servicing of 
       finance                                  (11,370)     (7,064)
     Taxation paid                               (1,781)     (3,827)
     Capital expenditure and financial 
       investment                               (39,640)    (13,815)
     Management of liquid resources              (8,267)          -

     Increase in cash                            176,270     89,631



     SUMMARISED BALANCE SHEET 
     at 31 December 2000
                                                    2000       1999
                                                      #           #

     Fixed assets                             
     Investments                                 396,198    353,920

                                                 396,198    353,920

     Current assets                             
     Debtors due within one year                   1,092     92,662
     Investments                                  35,857          -
     Cash at bank and in hand                    306,894    130,624

                                                 343,843    223,286
     Creditors: Amounts falling due 
      within one year                           (323,004)  (160,285)

     Net current assets                           20,839     63,001

     Total assets less current liabilities       417,037    416,921

     Capital and reserves                        417,037    416,921



     NOTES TO THE PRELIMINARY STATEMENT
     31 December 2000

     1.  TAXATION
         Taxation charge for the year:
                                                    2000       1999
                                                      #           #

          UK Corporation tax:
          Current tax on income for the period 
           at 20% (1999: 30%)                      1,047          -
          Adjustments in respect of prior 
           periods                                   791       (802)

                                                   1,838       (802)

2.   DIVID