JobStreet Corporation Berhad ("JOBS"), a leading online recruitment company in the region, listed on the Mesdaq market of Bursa Malaysia, announced its 3rd Quarter results yesterday evening with a record profit before taxation of RM 5.74 million. This figure represents an 18.8% increase compared with RM4.8 million reported in the corresponding quarter in the preceding financial year.

For the 9-month period ended 30 September 2006, the Group’s revenue and profit before taxation amounted to RM49.9 million and RM16.9 million respectively, or an increase of 22.7% and 27.8% respectively compared with the corresponding period of the last financial year. The strong showing was mainly attributed to increased profit contributions from the Group’s subsidiaries in Singapore and Philippines.

	YTD Q3 2006 RM'000	YTD Q3 2005 RM'000	% Growth vs. Prior Year
Revenue	49,875	40,657	22.7%
Profit before taxation	16,929	13,242	27.8%
Profit after taxation and minority interests	14,154	11,937	18.6%

In conjunction with the release of the 3rd Quarter results, JobStreet also announced the declaration of a tax exempt interim dividend of 1.5 sen per share for the 2006 financial year.

"We are pleased with our performance for the third quarter as we achieved satisfactory results across our businesses," says Mark Chang, CEO of JobStreet Corporation Berhad. "It is an indication that our customers are happy and appreciate the effectiveness of our products and services. Generally, we’ve experienced a soft recruitment market in Malaysia, however, our investments regionally have begun to deliver consistent, healthy profits which contributes to the continuity of our solid growth. I’m also pleased to announce that the Company will be rewarding its shareholders by paying a 1.5 sen interim dividend on 10 January 2007."

Underscoring the statement is the imminent finalization of the partnership between JobStreet Corporation Berhad and an affiliate of India’s TV18. This partnership gives TV18 a 50% stake in JobStreet India. TV18 is one of the leading media companies in India with a very solid customer base and a strong focus on Internet business. JobStreet India is a small part of the JobStreet group currently and is expecting to leverage TV18’s media network and business capabilities to strengthen its brand in India and build higher visibility to customers and jobseekers.

JobStreet operates the JobStreet.com online recruitment websites presently covering the employment markets in Malaysia, Singapore, Philippines, Indonesia, India and Bangladesh. The Group currently services over 30,000 corporate customers and over three million jobseekers.