CURRENT PRICE 2.00-3.00 PENCE
TRADES OVER 60,000 SHARES ARE DELAYED IN REPORTING BY 1 HOUR.

"QuikTrak will serve the community by providing secure, reliable and flexible tracking and messaging services"

http://www.quiktrak.co.uk

Substantial Share holdings updated on 14 June 2004.

Chris Kyriakou 19,241,056 (updated on 9 July 2004)
(including interest held through Investika
Ltd)
Guido van Alphen 671,989 (updated on 9 July 2004)
Charles de Chezelles 1,000,000 (updated on 9 July 2004)
Brian Parritt 682,825 (updated on 9 July 2004)
John Scott 998,334 (updated on 9 July 2004)
Damelian Automobile Limited 5,935,483
HSBC Global Custody Nominee (UK) 4,373,333
Productive Nominees Limited 3,348,400
Westpac Custodians Nominee 2,857,162
Philip Securities (UK) Nominees 2,630,084
SST Partners Pty Limited 1,865,437
________________________________________________________________________________
INTERIM RESULTS

QuikTrak Networks PLC
20 September 2004

QuikTrak Networks Plc

Interim Results

For the six month period ended 30 June 2004

The first six months of this financial year have presented the Company with some
major challenges.

Following the commercialisation of the M25 Network in late 2003, the Company
found that the market demand for a network limited to within the M25 was
incompatible with the operating costs being incurred, in particular the level of
spectrum fees being paid, which were for a national UK telecommunications
licence. Given the intense competition in the sector and the variety of
technologies on offer, it is now clear that a fundamental component of a
successful business plan is the ability to offer UK national coverage. The
establishment of such a network for QuikTrak would require a significant amount
of capital and we have to date not been successful in securing these funds,
despite sustained efforts.

Following a review of the costs incurred in operating the M25 Network, the Board
resolved it was not in shareholders' interests to continue to do so. As a
result, the Company's wholly-owned subsidiary, QuikTrak Telecommunications (UK)
Ltd (QTT), was placed into administration on 23 August 2004. The ability of
QuikTrak Networks plc to pursue its broader objectives is not impacted by this
decision.

During the six month period, the Company generated revenue of 157,002 (2003 :
26,025). The loss for the period was 2,589,940, which includes writing off
the value of the net assets in QTT to nil (2003 : loss of 1,471,848).
Included in the consolidated balance sheet at 30 June 2004 are assets of QTT
amounting to 1,142,642, offset by liabilities of QTT of the same amount.

The Company has refocused its operations in order to enable it to exploit the
Intellectual Property Rights of the technology and its unique software in
Europe, the Middle East and the countries of the former USSR through network
sales and licensing arrangements. In order to be able to demonstrate the
technology, the Company has negotiated the right to use a QuikTrak network
currently operating in Australia, at a substantially lower cost than the
operating costs of the M25 network.

In July 2004, the Company raised new equity of 800,202 (net of costs) to
finance this revised strategy.

Progress continues to be made in selling a licence agreement to a prospective
operator in the United Arab Emirates. This is the first example of QuikTrak
utilising the Intellectual Property ownership of its system and is intended to
act as a blueprint for all future licensing deals in Europe, the Middle East and
the countries of the former USSR. Licensing deals are expected to provide a
revenue stream through consultancy fees for preliminary investigations,
technical planning, acquisition of base-stations and software, as well as
through monthly technology, licence and technical support fees per base-station
and transponder deployed.

QuikTrak's secure, accurate and reliable tracking technology has been well
received by the market for a wide range of applications and I remain confident
that with our new approach based on licensing and partnerships we have a solid
base for re-building shareholder value.

Chris Kyriakou
Chairman
QuikTrak Networks plc

For further information contact:
Annie Richards QuikTrak Networks Plc Tel: 0870 010 6044
Hugh Oram Nabarro Wells & Co Ltd Tel: 020 7710 7400

Need another rights issue soon to pay the CEO's salary.

What's wrong with the bottom chart? The red blob cuts through the axis and off the bottom of the chart.

Re : one of my previous post. There does seem to be a large seller about who has been selling in 200K & 250K blocks this week. Couple of 200K block sells have come through today.

Gausie,

There is problem with the candle stick charts - JT is aware of it and he and the developers are working on a fix.

Please accept my apologies for the inconvenience.

Ian

This one from the 16th that you made out to be a buy?

" 225,000 T buy reported at 1.50 pence just now. Someone had an order in to buy 225,000 shares at 1.50 pence."

Your still living on another planet Sue.

And as Al would say , to be brutally honest .... you have posted nothing but crap since this thread started.

That was a buy Dil as the price was 1.0-1.5 pence then online. The buy price was 1.50 pence online on that day.

Why are you getting so uptight with your frequent dashes to the QTR thread on ADVFN as well with the usual same posts of bust by xmas as well as using foul language there.

It was a delayed sell from previous day.

Was it, how many different permuations will you throw about Dil. How can that trade be a delayed sell from the other day when the bid price has been at 1.0 pence and the buy price has been at 1.5 pence for the last week. Not that it makes a big difference. QTR delaying any news releases is good, better to wait until the seller has cleared. The spread is hence tight today now as well.

Sue.........keep on the hard work please. it is very mcuh appreciated.

Gausie-phuueewww-what a relief-I thought I lost all my money;)-Sue Helen's credibility and reputation are on the line here and I am waiting with the rest of her followers for a fight back.Come on Sue,sock it to'em-you know you want to!give 'em hell.I'm even prepared to lose more money if you lead from the front;.)(-did I say that???? got to remember to edit this later as I don't want to be responsible for any thing I write.

Tokyo-jumping ship already-where's your metal lad?

goldfinger,where are you?

ep

Lol Sue , if you can talk bullsh*t then why object to others talking it ?

You have consistently misled people on here , avoided questions like the plague and refused to accept anything negative however overwhelming the facts are.

And as you know , any price sensitive news has to be released immediatley , so more bullsh*t in your last post.

I do not see any thing to panic about.You should have tried a few month in IAL that would have tested your bottle.

We were only discussing that 250K trade from the other day which you yourself pointed out and see your reaction now Dil instead of replying to my post and you then expect me to have discussions here with you.

Continue to run your mockery show here if you want with the quick dash to post foul language on ADVFN. I am not waisting my time in a slanging match.

Do you agree that price sensitive news has to be released immediatley ?

Answer the question ramper.

john50 - dunno about you, but I'm here to make money on a regular basis. ;-)

Nice edit above Sue , ducking and diving again.

She won't answer as she knows the answer doesn't help her case.

"Going bust" that I posted earlier on ADVFN is not foul language - unless your trying to ramp them I suppose.

Dil, you sure?.

About what GF ....

Sue being a ramper
Me swearing on ADVFN
Price sensitive news
Price of cheese ?????

Give me a clue GF.

Sue being a ramper, what do you think.

I'm up 40% on ETQ in the last 3 weeks now.....another ramp was it.