Early Equity Plc ("Early Equity" or "the Company") AUDITED RESULTS FOR THE YEAR ENDING 31 AUGUST 2014 Further to the Company's preliminary announcement of unaudited results released on 30 January 2015, the Directors of Early Equity announce that the audit of its results for the year ended 31 August 2014 has now been completed. The Company's audited results are set out below. The audit has resulted in some amendments to the figures previously announced, although none of these amendments are material. CHAIRMAN'S STATEMENT I am pleased to present the financial results for Early Equity Plc for the year ended 31 August 2014. The total comprehensive loss for the year was GBP102,017 (2013 - GBP251,679). The loss per share was 0.04p (2013 - 0.10p). The loss before tax of GBP102,017 (2013 - GBP251,679 loss) largely reflects the costs of maintaining a public listing. In the past year, the Directors have succeeded in reducing operating expenses to a minimum. On 18 March 2014, Chua Siew Lian (Edwin) joined the Board of the Company, replacing Lim Hui Jie who resigned as a Director. At year end, the value of our investment portfolio stood at GBP156,050 (2013 - GBP 133,118). The Company continue to hold shares in Universal Outdoor Group Plc (previously known as Tangibal Group Plc) (quoted on the Frankfurt Börse), Alpha Prospects Plc (quoted on GXG Markets) and BWA Group Plc (quoted on ISDX). The Directors will continue to seek opportunities to realize these investments. POST-BALANCE SHEET EVENTS On 16 February 2015, the Company completed an equity subscription to raise GBP 250,000 (gross of expenses) though the issue of 250,000,000 new ordinary shares at a price of 0.1 pence per share. The funds raised will be used by the Company for additional working capital and to evaluate potential investments. The Company's investment strategy is to invest in early stage, small to medium enterprises around the world. The Directors will continue to evaluate potential investments and intend to raise additional funds in the future when suitable investment opportunities present. On behalf of the Board, I would like to take this opportunity to thank shareholders and professional advisers for their continued support of the Company. Christopher Neo - Executive Director 30 March 2015 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 AUGUST 2014 2014 2013 GBP GBP CONTINUING OPERATIONS TURNOVER - - ADMINISTRATIVE EXPENSES (97,501) (174,351) OTHER OPERATING EXPENSES (4,164) (76,697) FINANCE COSTS (352) (631) (LOSS) BEFORE TAX (102,017) (251,679) INCOME TAX - - (LOSS) FOR THE YEAR (102,017) (251,679) OTHER COMPREHENSIVE INCOME Reclassification of fair value gain on disposal - - of available-for-sale financial assets TOTAL COMPREHENSIVE LOSS FOR THE YEAR (102,017) (251,679) BASIC AND DILUTED LOSS PER SHARE (PENCE) (0.04) (0.10) CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2014 2014 2013 GBP GBP NON-CURRENT ASSETS Available-for-sale financial assets 156,050 133,118 CURRENT ASSETS Trade and other receivables 8,877 10,152 Cash and cash equivalents 9,399 44,000 18,276 54,152 CURRENT LIABILITIES Trade and other payables (91,799) (29,822) NET CURRENT (LIABILITIES)/ASSETS (73,523) 24,330 NET ASSETS GBP82,527 GBP157,448 REPRESENTING:- Share capital 424,623 424,623 Share premium 211,090 211,090 Fair value reserve 49,031 21,935 Accumulated losses (602,217) (500,200) SHAREHOLDERS' FUNDS 82,527 157,448 This financial information has been extracted from the audited financial statements of the Group for the year ended 31 August 2014. The financial statements are prepared in accordance with the International Financial Reporting Standards (IFRS). A copy of the Company's financial statements for the year ended 31 August 2014 will be posted to shareholders and will be delivered to the Registrar of Companies. The Directors do not propose to pay a dividend for the year. The Directors of the Company accept responsibility for this announcement. --ENDS-- Enquiries: Early Equity Plc Tel: +44 (0)7830 182501 Greg Collier Peterhouse Corporate Finance Limited Tel: +44 (0)20 7469 0934 Fungai Ndoro and Mark Anwyl