Interim Management Statement

18 Jul 2007 16:20

Highway Capital PLC18 July 2007 Highway Capital plc (the "Company") Interim Management Statement In accordance with the UK Listing Authority's Disclosure and Transparency Rules,the Company issues its first Interim Management Statement in respect of theperiod from 1 March 2007 to 30 June 2007. The Company remains a "cash shell" and the Board continues to identify andevaluate target companies as it seeks opportunities to maximize the value of theCompany. In the meantime, the Company continues to keep expenditure to a minimumin order to preserve its cash resources. The Company had cash at bank and inhand of approximately £518,000 at 30 June 2007. No material events or transactions took place during the period from 1 March2007 to 30 June 2007 which had an impact on the financial position orperformance of the Company. 18 July 2007 This information is provided by RNS The company news service from the London Stock Exchange