Explanation for the change of over 20% in operating result of the first quarter 2013

Operating result IR56/011 May 10, 2013 Subject: Explanation for the change of over 20% in operating result of the first quarter 2013 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. 4/2013 That held on May 10, 2013 had been approved the financial statements and operating results of the company and its subsidiaries for the first quarter ended March 31, 2013 that had been audited by the auditors of the company. The results can be summarized as follows: The consolidated operating results of the Company and its subsidiaries in the first quarter of 2013 reported the net profit comprehensive of Baht 27.47 million, which increased by Baht 6.88 million, or by 33.41% from Baht 20.59 million compare to a net profit in the previous year. The details: 1. The Company reported the revenue for the first quarter of 2013 of Baht 93.51 million compared to the same period of the previous year as equal to Baht 84.56 million, representing an increase of Baht 8.96 million or increased by 10.60%, mainly due to; - Revenue from distressed debt increased from Baht 56.71 million to Baht 66.66 million or increased by Baht 9.95 million, or increased at a rate of 17.55% due to the increase investing in debt collection service. - Revenue from debt collection service decreased from Baht 26.92 million to Baht 23.98 million or decreased by Baht 2.95 million, or decreased at a rate of 10.96% due to the decrease debt collection work load. - Interest income from leasing contract increased from Baht 0.92 million to Baht 2.88 million or increased by Baht 1.95 million, due to the increase of car loan service. 2. The Company reported cost for the first quarter of 2013 of Baht 45.61 million compared to the same period of the previous year as equal to Baht 42.27 million, representing an increase of Baht 3.34 million or an increase at a rate of 7.90% The employees and debt collecting cost are the major cost of sales due to increasingly support to buy more distressed debt. 3. The Company reported gross profit of 2013 of Baht 47.91 million compared to the same period of the previous year as equal to Baht 42.29 million, representing an increase of Baht 5.62 million or an increase at a rate of 13.29% over the last year due to increase in debt bidding. 4. The Company's cost of sale and administrative of 2013 Baht 17.16 million compared to the same period of the previous year as equal to Baht 13.86 million, representing an increase of Baht 3.30 million or 23.80% over the last year due to the company had established a higher reserves, staff expenses and registration fee. Please be informed accordingly. Yours faithfully, (Mr. Suphot 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.