Explanation for the change of over 20% in operating result of year ended 2012

Operating result IR56/005 February 19, 2013 Subject: Explanation for the change of over 20% in operating result of year ended 2012 To: The Committee and Manager Director The Stock Exchange of Thailand According to the meeting of board of directors, JMT Network Services Public Company Limited No. 2/2013 That held on February 19, 2013 had been approved the financial statements and operating results of the company and its subsidiaries for year ended December 31, 2012 that had been audited by the auditors of the company. The results can be summarized as follows: The operating results of company and its subsidiaries year ended 2012. The company's consolidated comprehensive profit amounted to Baht 109.84 million, an increase of Baht 66.94 million or 64.09% over the last year (Baht 42.90 million). This was due to 1. The company's consolidated revenue for 2012 amounted to Baht 393.74 million, an increase of Baht 323.53 million or 21.70 % over the last year (Baht 70.21 million). This was due to: - Revenue from distressed debt increased from Baht 214.93 million (2011) to Baht 279.90 million (2012) or 30.22% over the last year (Baht 64.96 million) due to the increase investing in debt collection service. - Revenue from debt collection service in 2012 amounted to Baht 106.29 million. It decreased Baht 1.87million or 1.73% over the last year due to the decrease debt collection work load. - Interest income from leasing contract increased from Baht 0.44 million (2011) to Baht 7.55 million (2012) or over 7.11 million due to the increase of car loan service. 2. In 2012 and 2011 the company's cost of sales are Baht 187.29 million and Baht 168.86 million, respectively. The employees and debt collecting cost are the major cost of sales due to increasingly support to buy more distressed debt. 3. In 2012 and 2011, the company's consolidate gross profit amounted Baht 206.45 million and Baht 154.67 million, respectively. Or 33.48% over the last year due to increase in debt bidding. 4. In 2012 and 2011, the company's consolidated cost of sale and administrative amounted Baht 58.45 million and Baht 41.57 million, respectively. An increase of Baht 16.88 million or 40.61% over the last year due to the company had established a higher reserves, staff expenses and registration fee (IPO). Please be informed accordingly. Yours faithfully, (Mr. Supot Wanna) Company Secretary ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.