Going Forward

According to market research company EEDAR's research in 2014, the number of gamers in China is 517 million, surpassing the total number of citizens in the United States. China Game Publishers Association Publications Committee ("GPC") has also forecast that the games market in China will have an average annual growth rate of 15% from 2014 to 2017.

Southeast Asian markets are also experiencing rapid growth in online/mobile games. According to the report from Niko Partners, the Southeast Asian games market, (which includes Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) will reach US$1.2 billion by 2017, double the figure in 2013.

With the recent change in China's one-child policy to allow parents (who are themselves single children) – to have two children, the number of babies is expected to grow substantially. With grandparents and parents doting on only two children, there is tremendous growth potential for our parenting portal Fumubang.com.

Going forward, in view of these favourable trends, the Group maintains an optimistic outlook for FY2014. For the second half ending 31 December 2014, the Group anticipates gross revenues to be in the range of US$23 million to US$27 million. These forecasts reflect the Company's current and preliminary view, which is subject to change.

About MNC Media Investment Ltd

MNC Media Investment Ltd is a provider of rich and engaging services and content to a wide range of traditional and new media consumers and enterprises in Mainland China, Indonesia, Malaysia, Hong Kong and Singapore. It focuses on media, entertainment, communication and edutainment products, which are promoted through the Group's strong nationwide distribution networks, integrated service platforms and multiple marketing sales channels, as well as through the networks of leading mobile operators in Mainland China and Indonesia.

Release issued on behalf of MNC Media Investment Ltd by Stratagem Consultants Pte Ltd

For more information, please contact:

Tham Moon Yee, Lee Yew Meng and Lucas Yang Xiaoguang
Tel: (65) 6227 0502
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SOURCE MNC Media Investment Ltd