Hertford International Group PLC - Interim Results

Hertford International Group Plc (AIM: HIG), a provider of personal financial products and services announces its Interim Results for the six months to 30 June 2009.

The Group has significantly increased revenue and gross profit, while substantially reducing losses before tax and operating loss following its recent acquisition of Cheque Exchange Limited.

Highlights

* Revenue up 495% to £820,810 (2008: £137,942)

* Gross Profit up 3053% to £773,449 (2008: £24,527)

* Operating loss of £700,921 (2008: £248,586)

* Performance in line with expectations

* Low-cost international calling product to target 3 million
potential users

* Launch of eclipse Pre-Paid Credit Card

* Negotiations continue with large retail chain for roll-out of
cheque cashing services

Commenting on today's results, Paul Marks, Hertford's Chairman, said:

"The last six months have been extremely busy and the following six months are anticipated to be equally exciting. We have grown the Group and both integrated new complimentary products and launched novel services."