INTERIM RESULTS
                    FOR THE SIX MONTHS TO 30 SEPTEMBER 2006


The  Board  of  St  Helen's  Capital  Plc  ("St Helen's" or "the Company"), the leading PLUS Markets adviser, is pleased to  announce  its  interim results for the six months to 30 September 2006.

HIGHLIGHTS

*     Underlying Turnover increased by 14% to GBP 515,657
*     Loss of GBP 89,659
*     Net Assets increased by 50% to GBP 625,561
*     Investments and Options increased by 33% to GBP 654,771
*     Over GBP 4.9 million raised for clients
*     Number of PLUS listed clients increased to 29
*     Completion of largest PLUS Market IPO since 2001
*     Business gearing up for next stage of its development.

Commenting on today's announcement, Chairman Mark Warde-Norbury said:

"Whilst  profitability  is  down  for the six month period, all other  business indicators are up including the value  of investments and options in St Helen's balance  sheet.  The  Company is now positioned  for  the  next  stage  of  its development and we believe  that  the  investment  being  made  in  people  and infrastructure will enable St Helen's to make a quantum step forward in 2007."

---ENDS---

The  Directors  of  St  Helens  Capital  Plc  accept  responsibility  for  this announcement.

ENQUIRIES:

ST HELEN'S CAPITAL PLC             020 7628 5582

Mark Warde-Norbury, Chairman
www.sthelenscapital.com


CHAIRMAN'S STATEMENT

During  the  last  six months the business has continued to make good progress. Underlying turnover  during  the  period increased by 14% to GBP 515,657 (2005: GBP 450,785). St Helen's raised finance totalling GBP 4,902,000 for the period, the highlights being two client funding  over subscriptions of GBP 1.3m for Air Touring and GBP 2.8m for Quercus Publishing,  which was also the largest IPO on PLUS  Markets since 2001. St Helen's now represents  29  PLUS  (formerly  Ofex) listed companies and is the leading PLUS Markets adviser. St Helen's represents 15% of the companies traded on PLUS Markets.

PLUS Markets  completed  its  re-branding  during  the period and the Directors believe that the increasing stature of the renamed PLUS  Markets  positions  St Helen's  well for the immediate future. The Company is seeing a marked increase in the number  of  companies,  both  in  the  UK  and overseas, enquiring about listing on PLUS.

Whilst  turnover  is up, profitability is down and a  loss  of  GBP  89,659  is reported  for the six  month  period.  This  is  in  line  with  the  Directors expectations  as  operating costs have been increased as the business is geared up for the next stage of the Company's development.

REVENUE GROWTH

Over the six month  period  St  Helen's  attracted  a  further  14  new  client companies  bringing  the  total  number of clients to 29 thus ensuring that the company maintains its position as the leading corporate adviser for PLUS-quoted companies.  Of the 14 new clients  10  were  admitted  to PLUS following a fund raising and the remainder by way of Introductions.

St  Helen's  now represents overseas clients including companies  in  the  USA, Canada and Israel.

In the period  under  review  (excluding  other  income) 74% of the revenue was derived  from  fund  raising  transactions  and admissions  and  22%  was  from corporate retainer income.  This compares to 75% and 17% respectively in 2005.


TEAM STRENGTHENED

The increase in turnover was coupled with an  increase in the cost based of the business as the company gears up for the next stage  of  its  development.   St Helen's  now  employs  14  staff  and  3  consultants (12 staff in 2005) and is looking  to  further  expand  its corporate finance,  equity  distribution  and research teams in the near future.

BALANCE SHEET

Net asset value at the end of September  was GBP 625,561, an increase of 50% on last year's figure of GBP 417,481.

St Helen's continues with its strategy of building its portfolio of investments and options in the Company's client base.   The  value  of  these at the end of September  was GBP 654,771 compared to GBP 490,966 last year,  an  increase  of 33%.

THE FUTURE

St Helen's continues to see increasing new business and the current transaction list is encouraging.

PLUS Markets  is developing from strength to strength and the Directors believe that this will  positively  impact on St Helen's ability to raise funds for its clients and the level of fees  that it can charge for its services.  St Helen's continues  to build on its position  as  the  leading  PLUS  Markets  Corporate Adviser.

St Helen's currently  focuses  on private equity and PLUS Markets activity.  In the past it has advised a number  of  successful businesses which have moved up to AIM.  Steps have now been taken towards  St  Helen's  being  able to act for these businesses when they move to AIM.  The first milestone has  been achieved by St Helen's becoming an LSE broker and a further announcement is  expected in January 2007.

Interim Results

                                 n 6 months to       6 months to       Year to
                                     30 Sept               30 Sept           31 March
                                        2005                  2006                2006
                                        GBP                 GBP                  GBP
PROFIT & LOSS

INCOME/TURNOVER
Sales                                  450,785             515,657        973,384

Gross Profit                       378,964             490,632        840,553


Net Operating Loss           (110,730)            (97,633)      (238,409)

Net Gain/(Loss) after
Sale of Investments              93,832            (89,659)         10,857


The Interim Results are unaudited and have not been reviewed by the Company's auditors.