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

Interesting article in Shares mag concerning the activities of the Berlin Stock Exchange (in listing stock without company permission) and the activities of various individuals/companies in shorting activities for those stocks. Anyone know if Quiktrak is listed on that exchange.Would it be impertinent to ask what qualifications 'SueHelen' has to pontificate on this stock?

Hilldee 399/399

Sue Helen has the same right as anybody else to 'pontificate' on this stock. Qualifications are immaterial IMHO. It is up to you to DYOR and take whatever advice you feel fit. Sue H spends a lot of time contributing to many of the threads on this BB, for which I, for one am grateful. Personally, I think she has got this one wrong, but that is just my opinion and in the long run it may be I who has it wrong. Whatever, it is my choice to listen or not, snide comments like yours do an injustice to an active member of the BB.

Regards

PTH

ptholden.399
Thanks for your comment.Of course S.H. has the same right and how correct you are to inform us that her 'qualifications' are immaterial. This enables such as myself to evaluate her contributions. I note that both you and I are able to keep our messages brief.

What does investech say Sue ?

Dil whats investech, and what does that matter?, by the way is it true your and mine buddy cat is going to post on the traders thread on the new site shareforums???

cheers GF.

Investech , ask Sue she loves it ... when it suits her.

Cat back tomorrow , I'll ask him but last time we spoke he getting fcked off with rampers using multiple names :-)

Night mate.

Dil..Do

would you please keep your yout bad language for yourself please.

Dil cheers, yup your right on that point about multiple alias, they say on this site it can be detected but Im not so sure, anyway I know of at least two who have been banned and come back with different names so it cant be working so well.

cheers Gf

goldfinger,

Please rest assured that multiple aliases can be detected, are detected and are dealt with.

We have several automated security processes and we are also vigilant ourselves.

Ian

GF , I tested ADVFN once and managed to sign up as A Goldfish and gave A Bowl , On The Kitchen Table as my address.

Maybe they were using a QTR product? ;-)))))))

Dil and I thought you were telling the truth when you said you lived on the Kitchen table?

If you want truth then your on the wrong thread Scrip :-)

Its about time you told truth Dil, I think you do 99.9% of the time and I have a lot of time for You.


PS Dil, come on lets have some of the great tips that you gave whilst on adfvn during the boom. Yes you Know.


To just sit back with your knowledge is just silly.


Iam sure with your genius we could all earn a bit of dosh.


regards GF

OK GF here's one , don't drink more than six pints of lager if you got to get up early in the morning and help your mate fit a bathroom :-)

PS You have come up with some crackers so don't spoil it by trying to defend crap like this.

I might be accused of being "welshist" but i am suprised that Money Am allows the Welsh to post on its website.
d.

Dailos
I agree with you.

Ha bloody ha :-)

"1) My motto is when it's comes to investing there are three things. Management, management and management. With any good investment - the management should be the driving force in a company."


Well said Sue - so why ramp a company where the only thing the management is driving is ..... the company to the wall , the share price to zero and its share holders mad ????

Oh and xmortal .... go shove your head where the sun don't shine.

Sue Helen

Before you get involved in losing your, and the money of those that follow you as well, you should be aware that your opening statement is a load of tosh and you should be aware of the rules, you will see how the muppets who ramp have no idea how delayed reporting really works and how buys are wrapped up as sells and vice versa, "1 hour", lol......

For the attention of the chairman/senior partner/compliance officer,
all member firms N11/00

STOCK EXCHANGE NOTICE CONFIRMATION ON PROPOSED RULE AMENDMENTS
DOMESTIC EQUITY MARKET MODIFICATIONS TO THE TRADE PUBLICATION THRESHOLDS FOR SEAQ SECURITIES

INTRODUCTION

1. Stock Exchange Notice N05/00, issued on 17 January 2000, consulted on
modifications to the threshold levels for SEAQ securities. As a result of
comments received during the consultation period, a change has been made to
the proposed publication thresholds, as set out below.

PUBLICATION THRESHOLDS

2. As a result of the consultation, securities with an NMS of 1,000 or 500 will now
share the same publication regime, with a 120 minute delay for trades of over
6 x NMS and a five day maximum delay for block trades of 50 x NMS or more.

3. The confirmed definitions, rules and guidance are set out in Attachment 1 to this
Notice, and the revised threshold levels in Attachment 2 to this Notice.

IMPLEMENTATION

4. The changes will come into effect on 24 April 2000. A Notice confirming changes
to the AIM trade publication regime will be issued in due course.
-2-

5. The Exchange will continue to review the NMS values on a quarterly basis and
make changes to NMS thresholds for individual securities where necessary. It
will also continue to monitor the trade publication threshold levels of SEAQ
securities.

DEFINITIONS
block trade a transaction, for which the block trade facility is used, which is at least 75 times the normal market size for a security with a normal market size of 2,000 shares or above, or 50 times the normal market size for a security with a normal market size of 1,000 or 500 shares, or inthe case of a European equity market security a lesser size where the member firm can satisfy the Exchange that the transaction would qualify for an equivalent regime on another European regulated market illiquid SEAQ security Definition deleted with effect from 24/04/00. liquid SEAQ security Definition deleted with effect from 24/04/00.

DOMESTIC EQUITY MARKET

Order exposure 4.22 (a) - (b) unchanged
(c) Paragraph (a) shall not apply where the member firm:
(i) is the broking arm of a group which includes a market maker registered in the security, in which case the particulars may be given to that market maker;
(ii) has recently effected a transaction in the security with
another market maker, in which case the particulars may be given to that market maker; or
(iii) gives the particulars to the market maker which that member
firm believes to be "the market".

TRANSACTION AND TRADE REPORTING

Block trades
Block trade facility
8.30 (a) - (b) unchanged
(c) The block trade facility shall not be available for:
(i) transactions in securities involved in a bid situation as
notified to the Exchange by the Panel on Takeovers and
Mergers;
(ii) protected transactions, except where the terms of the
transaction have been re-negotiated and permission has
been given by the Exchange;
(iii) transactions in circumstances where a trade type indicator
other than O or K must be used;
(iv) transactions in order book securities.
(d) - (f) unchanged
(g) Block trades will be published by the Exchange reporting system
on the fifth day, following execution of the transaction unless:
(i) the member firm has released the transaction for earlier
publication; or
(ii) the block trade has been 90 per cent unwound in which
case the member firm is obliged forthwith to release the
block trade for publication.
(h) - (j) unchanged
Guidance: Block trades
Different lines of the same security are treated as one security for the
purpose of determining eligibility as a block trade and for offsetting.
Different lines of the same security include but may not be restricted to the
following:
Depositary Receipts
nil paid
partly paid
3
fully paid
ranking for dividend
Reporting block trades
When a member firm elects to use the block trade facility to delay
publication of a large trade, which is at least 75 times the NMS for a
security with an NMS of 2,000 shares or above, or 50 times the NMS
for a security with an NMS of 1,000 or 500 shares, the trade must be
trade reported using the K Trade Type Indicator. This will automatically
delay publication of the trade for five days from the time of the trade.
As soon as it has been 90 per cent offset or if the firm wishes the trade
to publish earlier than five days, the firm must release the trade for
publication, using the automatic pre-release facility. Further details can
be found in the trading system technical documentation.
Offsetting
For the purposes of paragraph (i) offsetting transactions shall include
off-Exchange as well as on-Exchange business.
Publication
8.31 Rule unchanged
Guidance: Trade Publication
Immediate publication
Transactions in domestic securities of a size of 6 x NMS or less, as well
as in the following types of transaction which are deemed to be non risk
for the purposes of publication, are subject to immediate publication:
agency crosses (X)
riskless principal (R)
broker to broker (B)
market maker to market maker (M)
trades via an inter dealer broker (M)
transactions in securities involved in bid situations
non-risk trades in SEATS and AIM securities (NR)
transactions in liquid securities only resulting from a protected
portfolio (P)
stock swap or stock switch (SW)
result of traditional or negotiated option (RO)
single protected transactions in liquid securities only (T)
Delayed publication
Details of transactions (including price and size) in securities with an
NMS of 2,000 and above, and larger than 6 x NMS not falling into the
above category, and those resulting from non-protected portfolio
trades, are held back from publication for 60 minutes from the time of
execution of the transaction and are then published.
4
Details of transactions (including price and size) in securities with an
NMS size of 1,000 or 500, and larger than 6 x NMS not falling into the
above category, and those resulting from non-protected portfolio
trades, are held back from publication for 120 minutes from the time of
execution of the transaction and are then published.
Details of transactions (including price and size) in securities with an
NMS of 2,000 and above, and equal to or greater than 75 x NMS for
which the block trade facility has been used by the member firm, are
held back from publication for up to a maximum of five business days.
Details of transactions (including price and size) in securities with an
NMS of 1,000 or 500, and equal to or greater than 50 x NMS for which
the block trade facility has been used by the member firm, are held
back from publication for up to a maximum of five business days.
Publishable overnight trades (i.e. those transacted after 17:15 hours
and before 07:15 hours on the following business day) are published
as soon as they are reported. This must be by 07.45 hours on the day
of reporting.
In the case of domestic securities with a normal market size of below
500 shares and securities convertible into domestic equities where a
trade report does not fall into the immediate publication category, the
trade price only will publish on the following business day at the same
time as the trade time on the report. For listed securities, that price
will subsequently appear in the Daily Official List on the day following
publication on LMIL.
Protected transactions in securities convertible into domestic equities
will also be withheld from publication until the following business day,
but must still be reported with the "T" or "P" trade type indicator as
specified.
For those with T or P markers, the marker will not appear on the
published trade.
1
Attachment 2 to Stock Exchange Notice N11/00
Market
Segment
Current Regime New Regime
Effective September 1999 Effective 24 April 2000 Effective 24 April 2000
SEAQ
liquid
NMS = or > 2,000
Real-time publication of
price and size
6xNMS = 60 minute
delay
75xNMS = block trade 5
day delay or 90% offset
NMS = 1,000
Real-time publication of
price and size
6xNMS = 120 minute
delay
50xNMS = block trade 8
day delay or 90% offset
NMS = or > 2,000
Real-time publication of price and
size
6xNMS = 60 minute delay
75xNMS = block trade 5 day
delay or 90% offset
NMS = 1,000 or 500
Real-time publication of price
and size
6xNMS = 120 minute delay
50xNMS = block trade 5 day
delay or 90% offset
Effective September 1999 Effective 24 April 2000
SEAQ
illiquid
NMS < 1,000
Real-time publication
of price and size
24 hour risk delay
No block trade
Removal of the definition illiquid SEAQ security and liquid SEAQ security