RNS No 503f
CHARNOS PLC
30th October 1998


                        Charnos plc and its Subsidiaries

                UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
                    FOR THE HALF-YEAR ENDED 27 JUNE 1998


                                                  #'000
                                        HALF YEAR       HALF YEAR   FULL YEAR
                                           1998            1997       1997

Turnover                                 33,720           33,954      93,796

Profit/(loss) on Ordinary Activities
 before Taxation                         (3,731)          (2,012)      2,656

Taxation                                  1,157              644        (536)

Profit/(loss) on Ordinary Activities
after Taxation attributable to
Shareholders of Charnos plc              (2,574)          (1,368)      2,120

Dividends paid or proposed: Preference       12               12          25
                            Ordinary          0              250         342

Total dividends                              12              262         367

Profit/(loss) for period carried
 forward                                 (2,586)          (1,630)      1,753

Earnings per Ordinary Share of 25p
 each                                    (128.7p)         (69.0p)      104.8p

Interim results are unaudited, but the 1997 full year's figures are from the
audited published accounts.

The figures for the first six months always give a misleading indication of
prospects for the full year.  There are many uncertain factors which preclude a
firm prediction of the 1998 results.

This statement is sent directly to the holders of listed securities.  Copies are
available for members of the public at the Company's registered office.


END

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