The board of directors of Manta Holdings Company Limited announced that it is expected that the group will record a loss in the unaudited interim results of the group for the six months ended June 30, 2012 as compared to a profit for the corresponding period ended June 30, 2011. Based on the information currently available to the company, the board believes that the expected deterioration in results was mainly due to the absence of insurance claim compensation income; the decrease of foreign exchange gain and the decrease of deferred tax credit.