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Welcome to Falkland Islands Holdings

Falkland Islands Holdings (FIH) is quoted on AIM (Alternative Investment Market), incorporated in the United Kingdom, with operations in the Falkland Islands and the UK. Its business activities in the Falklands are conducted by The Falkland Islands Company (FIC), established by Royal Charter in 1852. FIC's activities include retailing, property, insurance, hotels, shipping and fishing agency services.

In the UK the group operates a long established passenger ferry service across the mouth of Portsmouth harbour, Portsmouth Harbour Ferry Company (PHFC).

On 5 March 2008 the group acquired MOMART, a UK market leader in the handling and storage of fine art and antiquities, www.momart.co.uk. To read more on the subject please view this presentation.

On 7 December 2009 the Group released its interim results to 30 September 2009:
"The economic backdrop remains difficult but the Group has three resilient businesses with good cash generative characteristics. With net borrowings of only £5.0 million prior to proceeds of £3.6 million from the FOGL share sale, the Group is securely financed and well placed for the future..

For the second half of the year revenues at the ferry business are expected to remain steady while Momart has established a firm base at lower levels of activity, has a solid order book for the second half and should benefit from any improvement in the art market. FIC looks set to enjoy more buoyant trading in the second half as oil exploration gathers momentum and the benefits of the "new" West Store flow through..

Looking to the future, the Group draws strength from its well established, and diverse, niche businesses. In addition shareholders have a direct financial exposure to oil exploration in the Falklands through the shareholding in FOGL and an indirect one through FIC's trading businesses in Stanley."
David Hudd, Chairman of Falkland Islands Holdings plc - 7 December 2009.

In addition to its core operations FIH holds a strategic investment in a related oil and gas exploration company based in the Falkland Islands. Falkands Oil and Gas Limited (FOGL).

Interim results 2009 presentation (pdf 628kb)