Hornby PLC - Interim Results

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Pre-tax profits up by 20% to £2.6 million (2003: £2.2 million) Sales up by 20% to £19.0 million (2003: £15.8 million) Diluted earnings per share to 4.55p (2003: 3.91p)

121 concession outlets in operation - sales growth of 60% over the last 12 months Acquisition of Spanish model rail group Electrotren completed Italian court ruling in favour of Lima acquisition Successful launch of new Scalextric Digital track system New Ferrari Scalextric license agreed Interim dividend up 25% to 2.0p (2003: 1.6p)

Pete

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