56IF Lloyds Bk. 43

RNS No 6153f
BROADSTONER HOLDINGS PLC
28th April 1998


                            BROADSTONER HOLDINGS PLC
                                      
    (The entire Ordinary share capital of the Company is held by Sears plc)
                                       
                              PRELIMINARY RESULTS
                      FOR THE YEAR ENDED 31 JANUARY 1998
                                       
                                            1997/98      1996/97
                                              #m           #m
Net operating income                           -           0.3
Interest Receivable from                      4.4          5.0
parent undertaking                          ------         ---
PROFIT ON ORDINARY                                          
ACTIVITIES BEFORE TAXATION                    4.4          5.3
Taxation                                     (1.4)        (1.6)
                                             -----         ---
PROFIT ON ORDINARY                                          
ACTIVITIES AFTER TAXATION                     3.0          3.7
Preference Dividends                         (0.1)        (0.1)
                                            ------         ---
ADDED TO RESERVES                             2.9          3.6
                                             ====          ===


Note 1.    The directors recommend that no ordinary dividend be paid in
           respect of the year.

     ********************************************************************

The preliminary statement of results for 1997/98 is an abridged version of the
Company's unaudited 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.


END


FR IRMLBLLTTBLP

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