19th October 2010

DANIEL STEWART SECURITIES PLC

("Daniel Stewart" or "the Company")

(AIM: DAN)


INTERIM RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2010

The Board of Daniel Stewart Securities plc is pleased to announce its unaudited financial results for the six months to 30 September 2010.


FINANCIAL HIGHLIGHTS:

· Revenues: £3.0 million, up £1.0million from £2.0 million for the same period last year

· Net profit before tax and share based payments: £190,572 (H1 2009: loss of £699,000)

· Net assets: £5.7 million (£4.1 million at 30 September 2009)

· Cash: £1.1 million (£0.9 million at 30 September 2009)

· Adjusted EPS: 0.04p per share (H1 2010: (0.23)p per share)


OPERATIONAL HIGHLIGHTS:

· £39.9 million raised for our corporate clients during the period (H1 2010: £27.1 million)

· 57 retained brokerships (H1 2010: 51)

· 22 transactions completed (H1 2010: 16)

· Significant restructuring and rebuilding during the period

· International expansion including purchase of MENA RL

· Branch and representative offices now established in Dubai, Kuala Lumpur, New York and Cape Town.

· Launched retail division including online CFD trading platform.

· Assets under Management in retail division £65 million.


Despite the difficult position for smaller and mid cap stockbrokers post the global recession Daniel Stewart & Co decided that this represented a major opportunity to refocus and rebuild the business. The Company has established, and quickly strengthened, its international position by the acquisition of MENA RL and the formation of additional overseas offices established as either a branch or representative of the company.

The Board also decided that we should establish a retail stock broking division to be combined with the launch of an on-line CFD platform. We have successfully opened in excess of 450 accounts and now have Assets under Management of over £65 million.

Commenting on the results for the six months Peter Shea, Group Chief Executive, said:

The first half of 2010 has seen an improvement over the same period last year with a return to profitability. We are delighted that we are able to offer our shareholders some good news and we are confident that should the market improvement, seen through September, continue we will return a profit for the full year.



Our acquisition of MENA RL has led to a substantial increase in international business, evidenced particularly in the Far East, where the opening of our office in Kuala Lumpur has resulted in a number of new client wins and a number of new institutional investors.



Our private client initiative is now well under way and we are delighted with the early results. We have added some 450 clients and our CFD business has seen very good growth. We anticipate more growth in this area and expect to add Spreadbetting to our stable of products shortly.


--ENDS--

Enquiries:

DANIEL STEWART SECURITIES PLC                           Tel: 020 7776 6550
Peter Shea, Group Chief Executive



BISHOPSGATE COMMUNICATIONS LIMITED            Tel: 020 7562 3350
Maxine Barnes
Nick Rome
Laura Stevens

danielstewart@bishopsgatecommunications.com



ARBUTHNOT SECURITIES                                           Tel: 020 7012 2000 
Nick Tulloch
Ed Groome 


  Financial Statements

The Company's Interim results will shortly be available on the Company's website at: www.danielstewart.co.uk