Neo Telemedia Limited provided earnings guidance for the twelve months ended June 30, 2013. Based on preliminary review by the board of directors of the company of the unaudited consolidated management accounts of the group, the board announced the shareholders of the company and potential investors that the group is expected to record a significant decrease in loss for the twelve months ended June 30, 2013 as compared to the corresponding period in 2012. Based on the relevant information currently available to the company, the Board considers that such decrease in loss was mainly attributable to the absence of the impairment loss on intangible assets and goodwill recognised for the twelve months ended June 30, 2013 as compared to that in the corresponding period in 2012.