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

hi ateeq180 .................wer r u.... wat's going with your other??????/
s.hassan

Do us a favour Sue , edit the first post to "looks interesting 2p-3p" .

Cheers

Dil, just what is your take on this one?.

cheers Gf.

Barge pole job , I just wanted Sue to cut the opening post down a bit as it takes ages to scroll down the page to the latest posts.

oh right.

cheers Gf

Where are the derampers...

Where's Dell314 & Dil, He's due a post on QTR, QTR is up 30.00% now. Why is he not posting on the rises here but use to on the falls. Typical.

Where's Big Al, where's the summary that the price is........
Why does he not update my the other thread with similar summaries.

I have not posted deliberatelty to see if the price rises again without myself posting and look it has. No ramping accusations can be thrown about now...seems it'll be something else now the derampers will use.

QTR is up today on no posts here or advfn or iii. That spooked the derampers/

500,000 delayed buy comes through at 1.38 pence from an hour ago.

The 150,000 trade reported straight after is also a buy at 1.38 pence from an hour ago. Gone in the sell column.

Hi, Sue, great to see u back? Teh derampers are not worth. useless human beings. I tried to sell my whole stake, price given by my broker was 1.45p. I tried to do a dummy buy and only allow me 100 worth... seems they are now accumulating stock. What do u think? Thanks

Hi Xmortal.

Price up 40.00% now at 1.50-2.00 pence.

I've got some catching up to do so I'll get back to you Xmortal.

Up 50.00% now at 1.50-2.25 pence.

A nice summary from BigAl would be nice now stating that the price is down so much from the start of this thread. He was keen before as well as others.

So why is this garbage up today??

It still looks like one for the knackers yard, pending a miracle IMO...

Rgds
dell

You tell me why its up dell, as its just been your crew posting all this time.

How come no updates with regards to the Australian Division from you dell314 as you were keen to update us before.

They've been bought out, did you know. I was expecting that news to come from yourself.

This so called garbage is up 60.00% now at 1.75-2.25 pence, not quite ready for the knackers yard it seems then dell314. The miracle you mentioned, could it be coming....

Sue - This is a penny share. Any speculative tip from one of the masses of tipsrags/tipsites could be responsible for today's action.

Unless there is significant company news to explain the rise, I wouldn't get too excited.....

Do you think auditors will be able to sign off the next results as a going concern??

Rgds
dell

P.S. re the Aussie parent: Their shareholder's presumably got nothing from the buyout, so it's hardly a victory of any kind. Perhaps, you'd feel good if QTR UK was bought from an administrator.

So when you started this thread it was mid 2.5p, its now 2p. Is that something to shout about?

Oi Sue you doughnut , its not 30% up , its 40% down on your buy rec.

What skool did you go to ?

Oh sorry , see your claiming 60% lol , your a laff a minute.