Half Yearly Report -3-

The financial information contained in this interim report has been prepared on the basis of accounting policies consistent with International Financial Reporting Standards ("IFRS"). The financial information has been prepared in accordance with the accounting policies as set out in the statutory accounts for the year ended 30 June 2011 as amended for the requirements of IAS1 (Revised) Presentation of Financial Statements.

   2.       Loss per share 

The loss per share for the six months ended 31 December 2011 has been calculated on the basis of the loss after taxation for the period of GBP677,000 (6 months to 31 December 2010: GBP44,000 loss; year ended 30 June 2011: GBP774,000 loss) and the weighted average number of shares in issue during the period of 691,550,530 (6 months to 31 December 2010: 288,765,603; year ended 30 June 2011: 417,678,740).

3. Copies of this Interim report for the six months ended 31 December 2011 will be available at the registered office of the Company, Aston House, Cornwall Avenue, London N3 1LF and on the Company's website www.nichegroupplc.co.uk.

   4.       The directors do not propose to pay a dividend for the period. 

This information is provided by RNS

The company news service from the London Stock Exchange

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