GLOBE CAPITAL LIMITED - Half-yearly Report PR Newswire
                                                              26 September 2013

                             Globe Capital Limited

                      ("Globe Capital" or the "Company")

           Interim Resultsfor the six months period to 30 June 2014

Globe Capital Limited is pleased to announce its unaudited interim results for
the 6 months period to 30 June 2014. The Company continues to explore
investment opportunities while minimising operational costs.  Operational costs
for the period amounted to £62K compared to £68k for the six months to June
2014.

Further announcements will be made in due course.

Globe Capital Limited

Statement of Comprehensive Income

Six months ended 30 June 2014

                                               6 months    6 months  Year ended
                                               ended 30    ended 30 31 December
                                              June 2014   June 2013        2013

                                               GBP '000    GBP '000    GBP '000

Revenue                                               -           0           -

Other Income                                          -         108         108

Gross Profit                                          -         108         108

Administrative Expenses                            (62)        (68)       (148)

Other Operating Expenses                           (15)        (11)        (26)

Profit / (Loss) from Operations                    (77)          29        (66)

Finance Costs                                         -           0           -

Profit / (Loss) Before Taxation                    (77)          29        (66)

Taxation                                              -           0           -

Other Comprehensive Loss                              -           0           -

Profit / (Loss) for the period attributable        (77)          29        (66)
to equity holders

Earning / (Loss) per share

Basic & Diluted (pence)                          (0.1)p        0.4p     (0.09)p

Globe Capital Limited

Balance Sheet as at 30 June 2014

                                                 30 June    30 June 31 December
                                                    2014       2013        2013

                                                GBP '000   GBP '000    GBP '000

Non-current assets

Property, plant and equipment                         40          -          51

Investments                                            -          -           -

Current assets

Trade and other receivables                            -         10           2

Cash and cash equivalents                            121        157         199

Total Assets                                         121        167         201

Current Liabilities

Trade and other payables                               8         41          22

Financial Liabilities - Borrowings                     -          -           -

Total Liabilities                                      8         41          22

Net Assets                                           153        126         230

Shareholders' Equity

Share Capital                                        627        622         627

Share Premium                                        389        194         389

Foreign Currency Translation Reserve                   -          0           -

Retained Earnings                                  (863)      (690)       (786)

Total Equity                                         153        126         230

The financial information set out above has not been reviewed or audited by the
company's auditors.

Basic and diluted profit per share is calculated by dividing the loss for the
period of £77,000 (2013: profit £29,000) by the weighted average number of
ordinary shares of 74,638,800 (2013: 7,124,821).

Globe Capital Limited

Statement of Cash Flows

Period ended 30 June 2014

                                                 6 months  6 months  Year ended
                                                  30 June   30 June  31 December
                                                     2014      2013        2013

                                                      GBP       GBP         GBP

Profit/(Loss) before tax                         (76,459)    29,237    (66,685)

Adjustment:

Other income                                            - (107,832)   (107,832)

Depreciation                                       11,261         -      12,200

Operating profit/(loss)                          (65,198)  (78,594)   (162,317)

Cash flows from operating activities

(Increase)/decrease in trade and other              1,278  (10,500)     (1,625)
receivables

Increase/(decrease) in trade and other payables  (14,439)    35,177      16,177

Cash utilised in operations                      (78,359)  (53,917)   (147,764)

Cash flows from investing activities

Proceeds from disposal of investment in Ford            -     3,211       3,211
Eagle Capital Limited

Payment made to leasehold improvement                   -         -    (62,876)

Net cash from investing activities                      -     3,211    (59,665)

Cash flows from financing activities

Issue of new shares                                     -   207,330     406,367

Net cash from financing activities                      -   207,330     406,367

(Decrease)/increase in cash and cash equivalents (78,359)   156,624     198,938

Cash and cash equivalents at the beginning of     199,148       210         210
the period

Cash and cash equivalents at end of period        120,788   156,834     199,148

Cash at Bank C/F                                  120,788   156,834     199,148

The directors of Globe Capital Limited accept responsibility for this
announcement.

For further information:
Globe Capital Limited
Christopher Neo, Company Secretary
+44 (0)20 3286 6388

CORPORATE ADVISER AND CONTACT DETAILS:

Alexander David Securities Limited
David Scott
Telephone: +44 (0) 20 7448 9820
49 Queen Victoria Street, London EC4N 4SA