RNS Number:5915N
Broadstoner Hldgs PLC
10 July 2000


                      BROADSTONER HOLDINGS PLC

(The entire Ordinary share capital of the Company is held by Sears Limited,
                        formerly Sears plc)

                        PRELIMINARY RESULTS
               FOR THE YEAR ENDED 31ST JANUARY 2000


                                                   1999/00      1998/99

                                                     #m           #m

CONTINUING ACTIVITIES                                

   Operating income                                     0.2          0.4

   Interest receivable from the parent undertaking        -          0.3
                                                        ___          ___

PROFIT ON ORDINARY ACTIVITIES BEFORE
TAXATION                                                0.2          0.7

TAX ON PROFIT ON ORDINARY ACTIVITIES                      -         (0.1)

                                                        ___          ___

PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION            0.2          0.6

    Dividends on preference shares                     (0.2)        (0.1)

    Dividends on Ordinary shares                          -        (30.0)
                                                        ___         ____

TRANSFERRED FROM RESERVES                                 -        (29.5)
                                                        ___         ____

The preliminary statement of results for 1999/2000 is an abridged version of the
Company's audited full accounts and has been agreed with the Company's auditors.
 The statutory accounts will be filed with the Registrar of Companies in due
course.                                                     



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