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SORTED GROUP HOLDINGS PLC Management Reports 2013

Sep 11, 2013

7924_rns_2013-09-10_8de6c488-ed49-4e29-afd8-f7d065fbdf9b.pdf

Management Reports

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Date of Announcement: 11 September 2013 Reference: 45/2013

The following is a Company Announcement issued by Island Hotels Group Holdings p.l.c. (the Company) pursuant to the Malta Financial Services Authority Listing Rules.

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Interim Directors' Statement

Since the publication on 25 June 2013 of the condensed interim financial information for the six months ended 30 April 2013, no material events and/or transactions have taken place that would have an impact on the financial position of the Company, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

The Directors expect that, barring any unforeseen events in the last two months of the financial year, the Group's aggregate operating profits will be marginally better than those registered last year.

As previously stated the Group continues to seek a fresh equity injection so as to finance new projects.

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Signed:

_____________________

Kenneth Abela Company Secretary

Island Hotels Group Holdings p.l.c. Registered Address: The Coastline Hotel, Salina Bay, Salina, NXR 9030, Malta. Telephone: +356 2157 3781/4 Company Registration No.: C44855 Island Hotels Group Holdings p.l.c. is a public limited company registered in terms of the Companies Act (Cap.386 of the Laws of Malta) - 1 -