Half Yearly Report

Interim Results

Litebulb Group Limited (LBB.L), the AIM listed retail products and marketing specialist is pleased to announce its results for the six months ended 31 December 2011.

Highlights:

·; Turnover for the period was up 153% to £1,633,701, compared to six months to December 2010 (£646,995).

·; Operating losses of £490,202 (before exceptionals) following investment in new team members and infrastructure to handle further growth.

·; Launch of new Scootrix brand and expansion of product range.

·; Successful rebranding of group, allowing further expansion into new brands.

·; Continued increase in distribution presence, with new distributors and retailers signed during and post period.

·; For the second half of the year, management expects to achieve revenue and profitability of a similar level to the first half and moving into 2012/13 further high revenue growth.

Commenting on the results, Simon McGivern, Chief Executive stated:

"Litebulb Group has continued to grow strongly, with sales rising 153% compared to the same period last year. The company is increasing its profile with major retailers as an innovative supplier of branded products. We expect to be able to announce a number of orders in the near future with large retail partners, which will further drive growth. We are looking at a number of new brand launches over the next 12 months and are currently in talks with regard to a number of acquisition opportunities. The Premium Factory acquisition has been well integrated, and we expect sales from this division to begin to bear fruit in the next 6-12 months."

For further information, please see www.litebulbgroup.com or contact:

Litebulb Group Limited 020 3384 7131

Simon McGivern, Chief Executive

 finnCap 020 7220 0500

 Matthew Robinson - corporate finance

Joanna Weaving - corporate broking

PG Capital

Paul Gazzard 020 7868 2010

 CHIEF EXECUTIVE'S STATEMENT

Current Trading and prospects

I am pleased to report the six months to December 2011 have shown another period of strong growth, with sales increasing by over 150% to £1.6m compared to the same period last year. New product ranges, brands and retail partners have been established during the period, and the company has invested in its infrastructure to handle further expansion.

The integration of Premium Factory is now complete and we expect the full benefits of the acquisition to come through over the next 12 months. Premium Factory acts as the manufacturing and sourcing arm of the group and enables us to develop new ranges and brands quickly and efficiently for our retail partners.

Scootrix, our new children's toy accessories brand, carried out a soft launch pre-Christmas. The products have been taken up by John Lewis and JoJo Maman Bebe amongst others. Further strong growth from this brand is expected via more outlets and retail partners as we extend the product range.

Litebulb has positioned itself as an innovative, quality provider of product ranges and brands for major retailers. There is great scale for expansion from our current strong base. We are now in talks with a number of major retailers and supermarkets and expect to announce orders in the coming weeks. The company plans to launch a number of new ranges and brands in 2012.

In the second half of the year, management expects to achieve revenue and profitability of a similar level to the last six months. Moving into the 2012/13 financial year, we expect further high revenue growth, driven by new product ranges, the introduction of new major retailers, further expansion of international sales and a positive contribution from the Premium Factory promotional business.

The company continues to look at acquisition opportunities, and is in early talks with two potential prospects.

Post Period

In Q2 2012, Litebulb expects to launch its next new brand, Cartoon Stripz, in the children's toy/accessories market, alongside a major UK distributor. The company is in the process of negotiating a licensing deal with a well known global brand in the next few weeks to feature in the launch.

A range of new products is being developed for the company's Scootrix range, which should launch in May/June 2012 and we are in talks with a number of major retailers to stock the new range. We are also looking to appoint international distributors imminently for the range.

The promotional products market, a core element of Premium Factory revenues, has been weaker than expected and remains dependent on the recovery in the economy and increases in the marketing budgets of major blue chip customers. As such, we now expect revenues from this division of the group to be won in the next financial year, rather than the current 6 months. The company is currently pitching for a number of large contracts and we remain confident that Premium Factory is extremely well placed to take advantage as marketing spend increases; however timing for these new products remains difficult to forecast.

Financial performance

Consolidated statement of comprehensive income

Consolidated statement of financial position

At 31 December 2011

Group Cash Flow Statement

Consolidated statement of changes in equity

1. Basis of preparation

The financial information for the period ended 31 December 2011 has been prepared using the recognition and measurement principles of International Accounting Standards, International Financial Reporting Standards and Interpretations adopted for use in the European Union (collectively Adopted IFRSs). The financial information for the period ended 31 December 2011 is unaudited along with the comparative for the period ended 31 December 2010, the comparative financial information for the full year ended 30 June 2011 has, however, been derived from the audited statutory financial statements for that year. A copy of those statutory financial statements has been delivered to the Registrar of Companies. The auditors' report on those accounts was unqualified, did not include references to any matters to which the auditors drew attention by way of emphasis without qualifying their report and did not contain a statement under section 498(2)-(3) of the Companies Act 2006.

2. Segment information

As the Company operates in one business segment and as such this is the primary reporting segment. The Company's secondary segment is geographical. The segmental results by geographical area are shown below:

3. Loss per share

The calculation of basic loss per share is based on the loss attributable to ordinary shareholders and the weighted average number of ordinary shares in issue during the period.

The calculation of diluted loss per share is based on loss per share attributable to ordinary shareholders and the weighted average number of ordinary shares that would be in issue, assuming conversion of all dilutive potential ordinary shares into ordinary shares.

Reconciliations of the loss and weighted average number of shares used in the calculations are set out below:

Due to the Group's loss for the period, the diluted loss per share is the same as the basic loss per share.

4 Share capital

Allotted and called up:

On 3 August 2010 the Company issued 27,029,141 shares for cash at 1p per share.

On 6 December 2010 the Company issued 117,000,000 shares for cash at 1.2p per share.

On 13 April 2011 the Company issued 154,400,846 Contingent Consideration Shares.

On 8 August 2011 the company issued 129,166,660 ordinary shares of no par value.