Plus Markets statement for the 6 months ended 30 September 2011 Pointon York Group Ltd Newstrack Announcements 30th December 2011 Pointon York Group Limited UNAUDITED INTERIM RESULTS FOR THE 6 MONTHS ENDED 30 SEPTEMBER 2011 (Correction) Unaudited interim results Pointon York Group Limited's unaudited interim results for the six months to 30 September 2011 are detailed below. ENQUIRIES: Geoffrey Pointon Steven Clews TEL: 01858 419300 Pointon York Group Limited The Directors of the issuer accept responsibility for this announcement. This announcement includes the Consolidated Balance Sheet as at 30 September 2011 which was omitted from the earlier announcement. CHAIRMAN'S REVIEW AND HALF YEARLY STATEMENT The Group's principal trading subsidiary Pointon York SIPP Solutions Limited ("PYSS"), provides administration for Self Invested Personal Pension Schemes ("SIPPs"). During the period PYSS has continued to improve its proposition and progress its distribution strategy of seeking partnerships with IFA networks and platforms with a view to providing much greater reach and penetration into the intermediary market place. Several agreements have now been signed and these are developing new business, and agreement has been reached on others, several of which are expected to commence early in the New Year providing a contribution to the current year's trading. Results for the 6 months to 30 September 2011 Prior to the change in accounting period which took place at the end of the previous reporting period, results were reported for the 6 months to 31 July. For the purposes of the results for the 6 months to 30 September 2011, comparative figures are based on proforma results for the 6 months ended 30 September 2010. In the six months ended 30 September 2011 turnover was GBP1,530,000 (2010: GBP1,468,000), with losses after tax of GBP(204,000) (2010: GBP(236,000)) and losses per share of 8.3 pence (2010: loss of 11.3 pence). This is an improvement over the same period last year particularly considering the increase in financing costs following the fundraising in 2010. Operating losses before interest and tax were £110,000 compared with losses of £179,000 in the same period last year. It is worth noting that as a result of the change of year end, the results for the first 6 months no longer include the most profitable trading months preceding the tax year end. Operating costs in the period were unchanged at £1,640,000, though there have been additional costs as a result of the integration in the current period of Bridgewater Pension Trustees. This integration work was completed in November 2011. I would like to take this opportunity to thank all Group employees for their continued hard work and support. GEOFFREY POINTON CHAIRMAN Pointon York Group Limited CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 30 September 2011 (Note 1) (Unaudited) 2011 2010 £'000 £'000 Turnover 1,530 1,468 Administrative expenses (1,640) (1,647) Group operating (loss) (110) (179) Net interest payable and similar charges (94) (57) Loss on ordinary activities before taxation (204) (236) Tax on loss on ordinary activities - - Retained loss for the period for Group (204) (236) Earning per share (pence) (8.3)p (11.3)p CONSOLIDATED BALANCE SHEET AS AT 30 September 2011 (Unaudited) 2011 2010 £'000 £'000 Intangible Assets 641 397 Tangible Fixed Assets 374 442 1,015 839 Current Assets Debtors 642 990 Cash 63 123 705 1,113 Current liabilities Bank loan (364) (1,250) Other creditors (869) (736) Current liabilities (1,233) (2,029) Net current liabilities (528) (916) Total assets less current liabilities 487 (77) Liabilities falling due after one year (792) - Net liabilities (305) (77) Share capital and premium 240 240 Warrants in issue 39 39 Other non-distributable reserves 137 137 Profit and loss account (1,242) (1,008) Loan stock due 2015 521 515 Total shareholders funds and loan stock (305) (77) NOTES 1. The above figures are an abridged version of the Company's un-audited consolidated results for the half year. 2. The Directors of Pointon York Group Limited accept responsibility for this announcement. 3. Loeb Aron & Company Limited is acting as the Company's corporate adviser. 

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