20GL Hsbc Bk. 24

RNS Number:7363L
Retail Corporation PLC
17 October 2001


                             THE RETAIL CORPORATION PLC
   (The entire Ordinary share capital of the Company is held by Sears Limited)

                                  INTERIM REPORT
                      For the six months ended 31 July 2001

                                                             2001          2000
                                                               #m            #m

TURNOVER from discontinued operations                          -             -

TRADING (LOSS) from discontinued operations                     -          (0.1)

Profit/(loss) on disposal of properties                       3.4          (0.2)
Net interest payable                                            -             -

PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION          3.4          (0.3)

Taxation                                                        -             -

PROFIT/(LOSS) AFTER TAXATION                                  3.4          (0.3)

Dividends on preference shares                               (0.3)         (0.3)

Attributable to equity shareholders                           3.1          (0.6)

Dividends on ordinary shares                                    -             -

ADDED TO/(DEDUCTED FROM) RESERVES                             3.1          (0.6)



NOTES

1.  The Interim Report has been drawn up under the same accounting policies as  
    those used for the Annual Report and Accounts for 2000/01. The report does  
    not constitute statutory accounts and the figures are unaudited

2.  A copy of this Interim Report will be posted to the shareholders and copies 
    will be available from the Secretary, The Retail Corporation plc, Fourth    
    Floor, Euston House, 132 Hampstead Road, London NW1 2PS

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