Interim Results

For Immediate Release

16 July 2010

TOP LEVEL DOMAIN HOLDINGS LTD

("TLDH" or the "Company")

Unaudited Interim Report for

 the period ended 30 April 2010

TLDH (AIM: TLDH) today announces its unaudited results for the six month period ended 30 April 2010 (the "Period"). A copy of the interim results for the Period report is available on the Company's website, www.tldh.org.

The following sets out the audited results for the Company for the period ended 30 April 2010.

CHAIRMAN'S STATEMENT

The Company's strategy is to build a portfolio of top level domains ("gTLDs")applicants and infrastructure technologies.

The six month period ended 30 April 2010 was one of further progress by the Internet Corporation for Assigned Names and Numbers ("ICANN") towards the eventual roll out of gTLDs.

At its March meeting in Nairobi, the ICANN Board resolved that there should be no cross-ownership between domain name registries and registrars. This prohibition prevents existing ICANN-accredited registrars from owning or operating new gTLDs, thus limiting the number of prospective applicants. TLDH was unaffected by this policy and the Board of TLDH therefore expects that TLDH will benefit from this continuing separation between registrars and registries. The ICANN Board also resolved to focus on the full introduction of gTLDs later this year.

At its subsequent June meeting in Brussels following the Period end, the ICANN Board resolved to hold a special meeting in September 2010 to address all the outstanding issues related to the implementation of the new gTLD programme. The final Applicant Guidebook is expected to be published in November 2010, which will set the final rules for applicants. The applications start date is then expected to be announced at the December 2010 ICANN meeting in Cartagena, Colombia.

We have taken a conservative view toward the timing of what we believe to be a revolutionary stage of the development of the Internet. The TLDH Board is preparing for the likelihood of an early December announcement of the date of the gTLD application window.

Revenue for the Period was £32,000 with finance revenue totalling £3,000. Administrative expenses totalled £480,000. Share options expensed totalled £17,000. Retained loss for the period attributable to members of the parent Company totalled £465,000 for a loss of 0.16 pence per Ordinary share. The Company still has significant cash resources. Cash and cash equivalents at the Period end amounted to approximately £3.9 million

We remain excited about the prospects for the development of the Company that the introduction of gTLDs will create. With our substantial cash resources, low operating costs and our significant interests in prospective applicants for .eco, .nyc, .berlin, .bayern and .gay amongst others, together with the capabilities of our wholly-owned subsidiary Minds and Machines LLC, and also with the restriction on competition that has been placed on existing registrars, we believe that TLDH is well positioned ahead of the start of the gTLDs application and award process.

Frederick Krueger

Executive Chairman

Further Information:

Top Level Domain Holdings Limited.

David Weill Tel: +44 (0) 20 7881 0180

Beaumont Cornish Limited

Roland Cornish

Michael Cornish Tel +44 (0) 20 7628 3396

gth media relations

Toby Hall /Christian Pickel Tel: +44 (0) 20 7153 8039/8036

Or visit the group's website at www.tldh.org 

GROUP STATEMENT OF COMPREHENSIVE INCOME

GROUP BALANCE SHEET

GROUP CASH FLOW STATEMENT

GROUP STATEMENT OF CHANGES IN EQUITY (Unaudited)

NOTES TO THE INTERIM FINANCIAL STATEMENTS

1. Basis of preparation

The consolidated financial statements has been prepared under the historical cost convention and on a going concern basis and in accordance with International Financial Reporting Standards and IFRIC interpretations adopted for use in the European Union ("IFRS") and those parts of the BVI Business Companies Act applicable to companies reporting under IFRS.

The financial information for the period ended 30 April 2010 has not been audited or reviewed in accordance with the International Standard on Review Engagements 2410 issued by the Auditing Practices Board. The figures were prepared using applicable accounting policies and practices consistent with those adopted in the statutory accounts for the period ended 31 October 2009. The figures for the period ended 31 October 2010 have been extracted from these accounts, which have been delivered to the AIM Market operated by the London Stock Exchange, and contained an unqualified audit report.

The financial information contained in this document does not constitute statutory financial statements. In the opinion of the directors the financial information for this period fairly presents the financial position, result of operations and cash flows for this period.

This Interim Financial Report was approved by the Board of Directors on 14 July 2010.

Statement of compliance

These condensed interim financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union with the exception of International Accounting Standard ('IAS') 34 - Interim Financial Reporting. Accordingly the interim financial statements do not include all of the information or disclosures required in the annual financial statements.

Basis of consolidation

The consolidated financial statements comprise the financial statements of Top Level Domain Holdings Ltd and its controlled entities. The financial statements of controlled entities are included in the consolidated financial statements from the date control commences until the date control ceases.

The financial statements of subsidiaries are prepared for the same reporting period as the parent company, using consistent accounting policies.

All inter-company balances and transactions have been eliminated in full.

Foreign currencies

The functional currency of each entity is determined after consideration of the primary economic environment of the entity. The group's presentational currency is Sterling (£).

3. Loss per share

The calculation of earnings per share is based on the loss after taxation divided by the weighted average number of shares in issue during the period:

As the inclusion of the potential ordinary shares would result in a decrease in the loss per share they are considered to be anti-dilutive and, as such, a diluted loss per share is not included.

4. Share capital

The authorised share capital of the Company and the called up and fully paid amounts at 30 April 2010 were as follows:

£'000 Authorised

Unlimited ordinary shares of no par value each -

Total share options in issue

During the period ended 30 April 2010, the company granted no further options over ordinary shares.

As at 30 April 2010 the unexercised options in issue were;

Total warrants in issue

No options or warrants lapsed or were cancelled during the period to 30 April 2010. 200,000 options and 1,000,000 warrants were exercised during the period to 30 April 2010 all for cash at 4p per share.

5. Share based payments

1. The above share options vest on the 2nd anniversary from the date of grant. The options are exercisable at any time after vesting during the Directors period as an eligible employee until the fifth anniversary of admission.

2. The above share options vested over the period of the 12 months from the date of grant, on the basis of 166,667 a month for the first 3 months, and 55,555 over the remaining 9 months.

3. The above share options vested equally over the 6 months from the date of grant. The consultants' contract was terminated on 30 June 2008. However a further 250,000 options were granted or in settlement of the consultancy agreement, in the period ended 31 October 2009.

6. Property, plant & equipment

7. Post balance sheet events

There are no post balance sheet events to disclose.

8. The financial information set out above does not constitute the Group's statutory accounts for the period ended 31 October 2009, but is derived from those accounts. Statutory accounts for the period have been delivered to the shareholders, and the auditors made an unqualified report thereon.

9. A copy of this interim statement is available on the Company's website : www.tldh.org