Final Results

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Final Results for the year to 31 December 2012

I am pleased to present the financial statements for the year to 31 December 2012 for Red Leopard Holdings Plc and its wholly owned subsidiaries, Harrell Hotels (Europe) Limited and Red Leopard Management Limited (together the "Group").

Net deficit on equity of the Group as at 31 December 2012 was £229,575 (2011: £78,342) and the loss for the year attributable to the equity holders of the parent was £169,233 (2011: £369,738). The loss for the year, which has been substantially reduced from last year, can be attributed to the standing costs of the property business and of the public company.

Throughout the period, the Board continued to investigate and review investment opportunities, particularly in the property sector, specifically in the South West of England where it was considering the continued viability of projects there. Against that uncertainty the Board announced previously that they were looking at expanding the objectives of the Company to encompass being involved in the exploration and development of natural resources.

This review process has now been completed and the Board has concluded that any continued efforts in property are no longer viable and, to all intents and purposes, it has ceased operations in this area. As a result and in accordance with Rule 15 of the AIM Rules for Companies the Company will now become an Investing Company under the AIM Rules. At the forthcoming Annual General Meeting to approve the accounts and other statutory matters, a resolution will be put to shareholders to that effect to adopt an investing policy.

The revised investing policy, if approved, will permit the Company to pursue investments in the natural resources sector, and in particular, precious metals. The Directors intend initially to focus on North America, Europe, the Middle East, Africa and Asia where the Directors believe that a number of opportunities exist to acquire interests in suitable projects, although other regions may be considered. Investments may be made in exploration, development and/or producing assets. The Company intends to be involved as an active investor and operator.

The Directors may consider it appropriate to purchase companies or interests in the assets themselves which may result in an equity interest in any proposed investment ranging from a minority position to 100 per cent ownership. Proposed investments may be made in either quoted or unquoted companies and structured as a direct acquisition, joint venture or as a direct interest in a project.

New investments will be held for the medium to longer term, although shorter term disposal of any investments cannot be ruled out should such an opportunity present itself. The Directors may undertake the initial project assessments themselves with additional independent technical advice as required. The Company will not have a separate investment manager.

There will be no limit on the number of projects into which the Company may invest, and the Company's financial resources may be invested in a number of propositions or in just one investment, which may be deemed to be a reverse takeover pursuant to Rule 14 of the AIM Rules. Where the Company builds a portfolio of related assets it is possible that there may be cross-holdings between such assets. The Company does not currently intend to fund any investments with debt or other borrowings but may do so if appropriate.

The Directors may offer its shares by way of consideration as well as cash subject to its availability to the Company. The Company may, in appropriate circumstances, issue debt securities or otherwise borrow money to complete an investment. The Directors do not intend to acquire any cross-holdings in other corporate entities that have an interest in the Ordinary Shares.

I, as Chairman of the Company, have experience in the natural resources sector. I have experience in acquisitions, accounting, corporate and financial management and together with the opinion of consultant experts in the evaluation and exploitation of natural resources projects, which will assist me and the Board in the identification and evaluation of suitable opportunities, enabling the Company to achieve its objectives.

The Board believes this is in the best interests of shareholders and urges all shareholders to vote for the resolutions as they themselves, as major shareholders, intend to do. 

A notice convening an Annual General Meeting of the Company to be held on 23 July 2013 at 10.00am at 2nd Floor, Stanmore House, 29/30 St James St, London, SW1A 1HB accompanies the full report and accounts which have been sent today to shareholders and are available to download from the Company's website: www.redleopardholdings.com.

J J May

Chairman

27 June 2013

Enquiries:

Consolidated statement of comprehensive income for the year ended 31 December 2012

Consolidated statement of financial position

Company statement of financial position for the year ended 31 December 2012

Consolidated statement of changes in equity for the year ended 31 December 2012

Company statement of changes in equity for the year ended 31 December 2012

 Consolidated statement of cash flows for the year ended 31 December 2012

Company statement of cash flows

Notes:

1. This statement has been prepared using accounting policies and presentation consistent with those applied in the preparation of the statutory accounts of the Company.

2. The summary accounts set out above do not constitute statutory accounts as defined by Section 428 of the UK Companies Act 2006. The consolidated statement of comprehensive income, the consolidated and company statements of financial position, consolidated and company statement of changes in equity and the consolidated and company statements of cash flows for the year ended 31 December 2012 have been extracted from the Group's 2012 statutory financial statements upon which the auditor's opinion is unqualified. The results for the year ended 31 December 2012 have been extracted from the statutory accounts for that period, which contain an unqualified auditor's report.

3. Basic loss per ordinary share for the year is based on the loss of £169,233 (2011: £369,738) and a weighted average of 90,830,543 (2011: 414,215,286) ordinary shares.

For diluted loss per share, the weighted average number of ordinary shares in issue is adjusted to assume conversion of all potential dilutive ordinary shares. Items included in the calculation are options for ordinary shares.

The effect of conversion of all potential dilutive ordinary shares would have an anti-dilutive effect on earnings per share and therefore they have been incorporated in the diluted earnings per share calculation. Potential ordinary shares are only treated as dilutive when their conversion to ordinary shares would decrease profit per share or increase loss per share.

4. The annual report and accounts were posted today to shareholders. These are also available to download from the Company's website, www.redleopardholdings.com.

5. An Annual General Meeting of the Company will be held on 23 July 2013 at 10am, at 2nd Floor, Stanmore House, 29/30 St James St, London, SW1A 1HB.