U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 28, 2008

Berkeley Technology Limited
(Exact Name of Registrant as Specified in its Articles)
----------------------

0-21874
(Commission File Number)

Jersey (Channel Islands) U.K. Not applicable
(State or Other Jurisdiction (I.R.S. Employer Identification No.)
of Incorporation)

4 Wests centre
St. Helier
Jersey
Channel Islands
JE2 4ST
Tel: 011 44 1534 607700
(Address and telephone of Principal Executive Offices)

N/A
(Former Name or Address, if Changed Since Last Report)

The following information is furnished pursuant to this Item 7.01,"Regulation FD
Disclosure" and Item 2.02, " Results of Operations and Financial Condition

FOR IMMEDIATE RELEASE March 28, 2008

Berkeley Technology Limited

Preliminary Financial Results
For the Year Ended
December 31, 2007

London, March 28, 2008 - Berkeley Technology Limited (OTCBB: BKLYY.PK, London:
BEK.L) (the "Company") is an international venture capital and consulting firm
with a focus on Silicon Valley technology companies.

The Company today reported financial results for the year ended December 31,
2007. The Company's consolidated net income from continuing operations, computed
in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"),
for the year ended December 31, 2007, was $0.4 million, or $0.01 per diluted
share and $0.07 per diluted ADR, compared with a consolidated net loss from
continuing operations of $(2.7) million, or $(0.05) per diluted share and
$(0.53) per diluted ADR, for the year ended December 31, 2006. Including a loss
on discontinued operations of $1.0 million, the consolidated net loss for 2006
was $(3.7) million, or $(0.07) per diluted share and $(0.73) per diluted ADR.

No dividends will be paid on the outstanding shares and ADRs for 2007.

A $1.0 million increase in consulting fee income, a $0.9 million decline in
operating expenses and the receipt of a $1.2 million partial distribution
resulting from the WorldCom, Inc. securities litigation underpinned the improved
results in 2007. Subsequent to December 31, 2007, we received a further $0.3
million payment representing the final distribution from the WorldCom, Inc.
securities litigation. This $0.3 million payment will be recognized in the first
quarter of 2008 in the Company's consolidated statement of operations as a
realized gain, and, along with the $1.2 million received in January 2007,
recovers part of the realized loss recorded by London Pacific Assurance Limited
("LPAL") on its WorldCom bonds in 2002.

LPAL's policyholder liabilities declined during 2007 by $3.5 million. We will
continue to evaluate new product opportunities for LPAL. Any future gains on
LPAL's investment portfolio would give us more flexibility to rebuild our
insurance operations.

Our intention is to continue managing the Company to create value for our
shareholders. We believe that our long history of successfully investing in
Silicon Valley technology companies positions us well to create value by
acquiring equity positions in promising private companies. We back entrepreneurs
directly with our own capital, or by coinvesting with clients, or in certain
cases we may benefit from investments made by clients if their investments are
successful. In 2007, we established several new equity positions, through direct
investment and through equity rights received as part of our consulting
activities. We use our consulting relationships in part to generate fees that
cover operating expenses. The level of consulting fees is expected to be
volatile depending on the nature and extent of our work at any point in time.
The Company's costs have fallen but the burden of maintaining listings in two
jurisdictions, particularly in the U.S., has risen. We will evaluate ways to
reduce this burden to help preserve capital for the Company and its
shareholders.

*****

Statements contained herein which are not historical facts are forward-looking
statements that involve a number of risks and uncertainties that could cause the
actual results of the future events described in such forward-looking statements
to differ materially from those anticipated in such forward-looking statements.
Factors that could cause or contribute to deviations from the forward-looking
statements include, but are not limited to, (i) variations in demand for the
Company's products and services, (ii) the success of the Company's new products
and services, (iii) significant changes in net cash flows in or out of the
Company's businesses, (iv) fluctuations in the performance of debt and equity
markets worldwide, (v) the enactment of adverse state, federal or foreign
regulation or changes in government policy or regulation (including accounting
standards) affecting the Company's operations, (vi) the effect of economic
conditions and interest rates in the U.S., the U.K. or internationally, (vii)
the ability of the Company's subsidiaries to compete in their respective
businesses, (viii) the ability of the Company to attract and retain key
personnel, and (ix) actions by governmental authorities that regulate the
Company's businesses, including insurance commissions. The Company undertakes no
obligation to update any forward-looking statements, whether as a result of new
information, future developments or otherwise.

Please address any inquiries to:

Ian Whitehead Jersey (0)1534 607700
Chief Financial Officer
Berkeley Technology Limited

The Company's 2007 annual report will be sent to shareholders during May. Copies
of this report may be obtained by contacting the registered office in Jersey,
Channel Islands.

Form 10-K for the year ended December 31, 2007

A copy of the above document will be submitted to the U.K. Listing Authority and
will be shortly available for inspection at the U.K. Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel: 020 7676 1000

Berkeley Technology Limited
Consolidated Statements of Operations (Preliminary)
Under U.S. GAAP (unaudited)
In thousands, except per share and ADS amounts

Years Ended December 31,
........................
2007 2006
.......... ...........
Continuing operations:

Revenues:

Investment income $ 804 $ 1,203
Insurance policy charges 2 2
Consulting and other fee income 1,718 722
Net realized investment gains (losses) 1,198 (2)
Change in net unrealized investment gains and losses on trading
securities - 18
.......... ...........

3,722 1,943
Expenses:
Amounts credited on insurance policyholder accounts 44 468
Operating expenses 3,299 4,152
Interest expense 1 1
.......... ...........

3,344 4,621
.......... ...........
Income (loss) from continuing operations before income tax
expense 378 (2,678)

Income tax expense 2 5
.......... ...........
Income (loss) from continuing operations 376 (2,683)

Discontinued operations:
Loss on disposal of discontinued operations, net of income
tax expense of $0 - (1,000)
.......... ...........
Loss on discontinued operations - (1,000)
.......... ...........
Net income (loss) $ 376 $ (3,683)
.......... ...........
.......... ...........

Basic and diluted earnings (loss) per share and ADS:

Basic and diluted earnings (loss) per share:
Continuing operations $ 0.01 $ (0.05)
Discontinued operations - (0.02)
.......... ...........
$ 0.01 $ (0.07)
.......... ...........
.......... ...........

Basic and diluted earnings (loss) per ADS:
Continuing operations $ 0.07 $ (0.53)
Discontinued operations - (0.20)
.......... ...........

$ 0.07 $ (0.73)
.......... ...........
.......... ...........

The financial information set out above does not constitute the Company's
statutory accounts for the year ended December 31, 2007.

Berkeley Technology Limited
Consolidated Balance Sheets (Preliminary)
Under U.S. GAAP (unaudited)
In thousands, except share amounts

December 31,
.........................
2007 2006
........... ...........
ASSETS

Investments (principally of life insurance subsidiary):
Fixed maturities:
Available-for-sale, at fair value (amortized cost: $0 and $9,021
as of December 31, 2007 and 2006, respectively) $ - $ 9,007
Held-to-maturity, at amortized cost (fair value: $0 and $3,004
as of December 31, 2007 and 2006, respectively) - 3,009
Equity securities:
Available-for-sale, at estimated fair value 1,984 844

........... ...........
Total investments 1,984(1) 12,860

Cash and cash equivalents 14,568(1) 6,707
Accrued investment income 15 304
Property and equipment, net 14 17
Other assets 586 349
........... ...........
Total assets $ 17,167 $ 20,237
........... ...........
........... ...........

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities:
Life insurance policy liabilities $ 141 $ 3,640
Accounts payable and accruals 547 674
........... ...........
Total liabilities 688 4,314
........... ...........
Commitments and contingencies

Shareholders' equity:
Ordinary shares, $0.05 par value per share: 86,400,000 shares authorized;
64,439,073 shares issued and outstanding as of December 31, 2007
and 2006 3,222 3,222
Additional paid-in capital 67,789 67,718
Retained earnings 8,465 7,999
Employee benefit trusts, at cost (13,522,381 shares as of
December 31, 2007 and 2006) (62,598) (62,598)
Accumulated other comprehensive loss (399) (418)
........... ...........
Total shareholders' equity 16,479 15,923
........... ...........
Total liabilities and shareholders' equity $ 17,167 $ 20,237
........... ...........
........... ...........

<FN>
(1) Includes $1,844 of investments and $10,315 of cash and cash equivalents in the Company's insurance subsidiary (LPAL)
which are not currently available to fund the operations or commitments of the Company or its other subsidiaries.
</FN>

The financial information set out above does not constitute the Company's
statutory accounts for the year ended December 31, 2007.

Berkeley Technology Limited
Consolidated Statements of Cash Flows (Preliminary)
Under U.S. GAAP (unaudited)
In thousands

Years Ended December 31,
........................
2007 2006
.......... ...........
Net income (loss) $ 376 $ (3,683)

Adjustments to reconcile net income (loss) to net cash
used in operating activities:
Depreciation and amortization 5 32
Non-cash consulting fees (140) -
Amounts credited on insurance policyholder accounts 44 468
Net realized investment losses (gains) (1,198) 2
Loss on forfeiture of escrow - 1,000
Change in net unrealized investment gains and losses on trading
securities - (18)
Net amortization of investment premiums and discounts 30 185
Share based compensation 71 58

Net changes in operating assets and liabilities:
Trading equity securities - 108
Accrued investment income 289 305
Other assets (237) (37)
Life insurance policy liabilities (2) (2)
Accounts payable, accruals and other liabilities (27) 168
Other operating cash flows 2 25
.......... ...........
Net cash used in operating activities (787) (1,389)
.......... ...........
Cash flows from investing activities:
Purchases of held-to-maturity fixed maturity securities - (3,036)
Purchases of available-for-sale fixed maturity securities - (9,082)
Purchases of available-for-sale equity securities (1,000) -
Proceeds from maturity of held-to-maturity fixed maturity
securities 3,000 7,000
Proceeds from sale and maturity of available-for-sale fixed
maturity securities 9,000 14,364
Partial proceeds from WorldCom, Inc. securities litigation 1,198 -
settlement
Capital expenditures (4) (7)
.......... ...........
Net cash provided by investing activities 12,194 9,239
.......... ...........
Cash flows from financing activities:
Insurance policyholder benefits paid (3,560) (11,625)
.......... ...........
Net cash used in financing activities (3,560) (11,625)
.......... ...........

Net increase (decrease) in cash and cash equivalents 7,847 (3,775)
Cash and cash equivalents at beginning of year 6,707 10,039
Foreign currency translation adjustment 14 443
.......... ...........
Cash and cash equivalents at end of year (1) $ 14,568 $ 6,707
.......... ...........
.......... ...........

<FN>
(1) The amount for December 31, 2007 includes $10,315 in the Company's insurance subsidiary (LPAL)
which is not currently available to fund the operations or commitments of the Company or its other
subsidiaries.
</FN>

The financial information set out above does not constitute the Company's
statutory accounts for the year ended December 31, 2007.