(1) Interim Sales Analysis
 
                                                   First Half Sales   First Half Sales    Full Year Sales
                                                       2004/05             2003/04            2003/04
                                                          £m                 £m                  £m
 
Own Shop                                                  85.4               85.8              136.8
Franchise                                                  8.6                7.8               12.9
Private label commercial                                   9.1                8.8               13.7
Thorntons branded commercial                              13.4                3.6               10.0
Thorntons Direct                                           3.2                3.3                5.3
 
Total                                                    119.7              109.3              178.7
 
 
(2) Comparison of 2004/05 sales with the previous year
 
                                                   28 weeks ending     28 weeks ending    Full Year
                                                      08-Jan-05           10-Jan-04        2003/04
 
Own Shop                                                 -0.3%               2.4%               2.2%
Franchise                                                 9.3%               1.3%               4.9%
Private label commercial                                  2.7%               6.0%               8.7%
Thorntons branded commercial                            270.0%             140.0%             222.6%
Thorntons Direct                                         -2.1%              -2.9%               0.0%
 
Total                                                     9.5%               4.4%               6.9%
 
Own Shops like-for-like                                   0.8%               2.5%               2.6%
 
 
(3) Changes in the Retail estate can be summarised as follows
 
Opening number                                             378                389                389
 
New shops                                                    3                  2                  3
Resites                                                      0                  0                  0
Closures                                                    -4                 -3                -14
 
Closing number                                             377                388                378
 
 
Franchise shops trading                                    221                201                203
 
Royalties from licensed products (£'000)                   260                248                412