Helical Bar Regulatory News (HLCL)

1 July 2011

Helical Bar plc

ANNUAL FINANCIAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

Helical Bar plc (the "Company" or "Group" or "Helical") announces that its 2011 Annual General Meeting (the "AGM") will be held at The Connaught Hotel, Carlos Place, Mayfair, London W1K 2AL at 11.30 a.m. on 26 July 2011.

In accordance with rule 9.6.1 of the Listing Rules, copies of the following documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.hemscott.com/nsm.do:

1. Annual Report and Accounts for the year ended 31 March 2011 (the "Annual Report");

2. Notice of the AGM (the "AGM Notice"); and

3. Form of Proxy for the 2011 AGM (the "Form of Proxy").

The above documents have been despatched to shareholders. The Annual Report and Accounts, AGM Notice and Form of Proxy are also available on the Company's website at www.helical.co.uk.

DTR 6.3.5

The information contained in appendices 1, 2 and 3 to this announcement is extracted from the Annual Report, and is provided in compliance with rule 6.3.5 of the Disclosure and Transparency Rules. The information therein should be read in conjunction with the Company's Preliminary results announcement for the 12 months to 31 March 2011 issued on 26 May 2011. Cross-references in the appendices refer to sections in the Annual Report.

Enquiries:

T. J. Murphy

Company Secretary

Helical Bar plc

11-15 Farm Street

London W1J 5RS

Tel: 020 7629 0113

appendix 1

Risk management summary

How we manage our risks

Risk is an integral part of any company's business activities and Helical's ability to identify, assess, monitor and manage each risk to which it is exposed is fundamental to its financial stability, current and future financial performance and reputation.

Strategic risks

appendix 2

Statement of directors' responsibilities

The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have to prepare financial statements in accordance with International Financial Reporting Standards as adopted by the European Union (IFRSs).

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and Company and of the profit or loss of the Group for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable IFRSs have been followed, subject to any material departures disclosed and explained in the financial statements;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Group's transactions and disclose with reasonable accuracy at any time the financial position of the Group and enable them to ensure that the financial statements comply with the Companies Act 2006 and article 4 of the IAS Regulations. They are also responsible for safeguarding the assets of the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the directors are aware:

- there is no relevant audit information of which the Group's auditors are unaware; and,

- the directors have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

We, the directors listed below, confirm that to the best of our knowledge:

- the financial statements, prepared in accordance with the applicable set of accounting standards, give a true and fair view of the assets, liabilities, financial position and profit and loss of the group and the undertakings included in the consolidation taken as a whole; and,

- the management report includes a fair review of the development and performance of the business and the position of the group and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Group's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

appendix 3

Related party transactions

At 31 March 2011 and 31 March 2010 the following amounts were due from the Group's joint ventures.

Management charges relate to the performance of management services for the Company or its subsidiaries. Interest receivable relates to interest on loans made by the Company to its subsidiaries. All of these transactions, and the year-end balance sheet amounts arising from these transactions were conducted on an arm's length basis and on normal commercial terms. Amounts owned by subsidiaries to the company are identified in note 24 of the Group's Annual Report & Accounts. Amounts owed to subsidiaries by the Company are identified in note 26.

The Group consider that the key management personnel are the directors and the detail of their remuneration is disclosed in the directors' remuneration report on pages 48 to 54 of the Report & Accounts. Share based payments for directors are disclosed in note 9.