(WFCA) WFCA PLC

WFCA plc

("WFCA", "the Company" or "the Group")

INTERIM RESULTS

WFCA plc (AIM: WFCA.L), a leading regional advertising and marketing agency, today announces its interim results for the 6 months ended 31 December 2011.

Highlights

·              Net Profit before taxation £530 (2010 H1: loss of £91,167)

·              Cost cutting measures and the development of the client base showing benefits

·              A number of new projects have been won with no client losses

Interim Statement

The net profit before taxation of £530 for the six months ended 31st December 2011 compares to a loss of £91,167 for the six months ended 30th December 2010. The result benefits from the inclusion of an exceptional credit of £109,926 arising from the collection of amounts previously written off and recorded in the interim statement last year.

The trading loss before tax and exceptional items of £92,341 compares to a profit of £127,073 for the comparative period in 2010. It represents a significant recovery from the £316,450 loss incurred in the second six months of the previous financial year ended 30th June. This improvement arose from cost cutting measures implemented in early 2011 and the development of our client base generally throughout the calendar year.

With client advertising budgets remaining depressed, future organic growth needs to be driven by acquiring new assignments from existing clients, and additionally by winning new clients in their own right. Since our last statement, we are pleased to report that the Group has won projects with Threadneedle Asset Management, Attwoods Solicitors, Saga Services and Central Homecare and has increased its services to a number of retained clients. No client has been lost by the Group in the last twelve months. We anticipate that this improvement, together with a series of current opportunities moving forward, will allow the Group to continue with its recovery in the current year.

The Group remains in dialogue with a series of strategic opportunities and while the acquisition of WBR (as reported in the June 2011 Annual Report) remains the only opportunity completed to date in the current financial year, we anticipate further developments in this area during 2012.

Further enquiries:

WFCA plc

Stephen Latter, Financial Director                Tel: 01892 703 201

Daniel Stewart & Company plc

David Hart & James Felix                            Tel: 020 7776 6550

WFCA plc is a uniquely placed full service Marketing Communications Agency and positioned as the "London Agency not in London".  Their role is as a different kind of Agency, with completely integrated and full service resource delivering advertising, design, direct, digital and media solutions to a wide range of blue chip Clients, but at a much lower cost than their London based competitors.