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SacOil Interim Report for the six months ended 31 August 2010

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31 Aug 2010

The interim financial statements of the Group for the six months ended 31 August 2010 have been prepared in accordance with the Group's accounting policies, which comply with International Financial Reporting Standards as well as the AC 500 standards as issued by the Accounting Practices Board or its successor and are consistent with those of the previous year. This interim report has been prepared in accordance with and containing the information required by International Accounting Standard 34 - Interim Financial Reporting. The interim report has been prepared on a going concern basis.