EARLY EQUITY PLC ("Early Equity" or the "Company") UNAUDITED FINAL RESULTS FOR THE YEAR ENDING 31 AUGUST 2014 CHAIRMAN REPORT Early Equity Plc is pleased to present its unaudited financial results for the year ended 31 August 2014. The Company continues to operate with minimal overheads while the seeking to implement its investment strategy. The loss for the year was GBP89,392 (2013: GBP251,679) representing a loss per share of 0.04p (2013: 0.10p). Further announcements will be made as and when there are further developments. Christopher Neo - Executive Director 30 January 2015 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR 12 MONTHS TO 31 AUGUST 2014 12 months 12 months 6 months to to to 31 August 31 August 28 2014 2013 February 2014 CONTINUING OPERATIONS GBP GBP GBP TURNOVER - - - OTHER INCOME 1 - 1 ADMINISTRATIVE EXPENSES (85,960) (174,351) (49,196) OTHER OPERATING EXPENSES (2,809) (76,697) 136 FINANCE COSTS (624) (631) (205) (LOSS) BEFORE TAX (89,392) (251,679) (49,264) INCOME TAX - - - (LOSS) FOR THE YEAR / PERIOD (89,392) (251,679) (49,264) OTHER COMPREHENSIVE INCOME / (LOSS) - - - TOTAL COMPREHENSIVE LOSS FOR THE YEAR (89,392) (251,679) (49,264) / PERIOD BASIC AND DILUTED LOSS PER SHARE (0.04)p (0.10)p (0.02)p CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2014 12 months 12 months 6 months to to to 31 August 31 August 28 2014 2013 February 2014 GBP GBP GBP INVESTMENTS Available-for-sale financial assets 156,050 133,118 132,911 CURRENT ASSETS Trade and other receivables 26,677 10,152 12,878 Cash and cash equivalents 9,399 44,000 73,426 36,076 54,152 86,304 CURRENT LIABILITIES Trade and other payables (9,226) (29,822) (23,176) Unsecured loan (81,967) - (78,117) (91,194) (29,822) (101,294) NET CURRENT ASSETS / (LIABILITIES) (55,118) 24,330 (14,990) NET ASSETS 100,932 157,448 117,921 REPRESSENTING:- Share capital 424,623 424,623 424,623 Share premium 211,090 211,090 211,090 635,713 635,713 635,713 Fair value reserve 31,964 21,935 8,825 Accumulated losses (566,745) (500,200) (526,617) SHAREHOLDERS FUNDS 100,932 157,448 117,921 The unaudited Final Results are prepared in accordance with International Financial Reporting Standards (IFRS). The financial information contained in this statement, relating to the year ended 31 August 2014, has not been audited or reviewed by the Company's auditors and does not constitute statutory accounts.. A copy of the Company's audited financial statements for the year ended 31 August 2014 will be posted to shareholders as soon as completed together with a notice of Annual General Meeting. If it becomes known to the Directors of the Company that the audit report is to be qualified or is modified in relation to going concern or otherwise, the terms of such qualification or modification will be announced immediately. The Directors do not propose to pay a dividend for the reported period. Early Equity has complied with Guidance Note 69.1 of the ISDX Growth Market - Rules for Issuers (which relates to the number of directorships held by directors) throughout the financial year ended 31 August 2013, save in respect of Mr Collier. Mr Collier currently holds a greater number of directorships than the maximum proposed in the Guidance Note. Mr Collier is taking appropriate measures to address this situation. The Directors of the Company accept responsibility for the announcement. 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