JobStreet Corporation Berhad (Main Board: "JOBST") posted its 2^nd Quarter results for the period ended 30 June 2008 with a 35 percent growth in revenue to a total of RM27.2 million. This increase is translated to a 25% increase in net profit to RM9.1 million compared to the RM7.3 million achieved in the corresponding quarter in the preceding financial year.

The growth in JobStreet.com's revenue during the 2^nd quarter of this year was mainly attributed to the strong 43.6% quarter-on-quarter growth in the demand for the Group's core online job posting product.

The Group's profit after taxation and minority interest of RM9.1 million is achieved after incurring a one-off loss on the disposal of an associate company in Hong Kong amounting to RM1.3 million. Excluding the impact of this loss, the Group's net profit would have grown by 42.7% compared with the corresponding quarter in 2007, on a more comparable basis.

A quarter-on-quarter comparison, followed by a year-on-year comparison:-

	Q2 2008 RM'000	Q2 2007 RM'000	% Growth
Revenue	27,248	20,235	35
Profit before taxation	10,806	8,358	29
Profit after taxation and minority interests	9,055	7,265	25

	Six-month Period Ended
	30 Jun 2008 RM'000	30 Jun 2007 RM'000	% Growth
Revenue	52,507	38,143	38
Profit before taxation	23,111	15,502	49
Profit after taxation and minority interests	19,509	13,224	48

As an indication of its continued success, JobStreet.com recently emerged 4th in the overall standings of the KPMG/The Edge Shareholder Value Awards 2007.

Mark Chang, CEO of JobStreet Corporation Berhad, says: “Given that we are in the midst of global financial uncertainties and economic slowdown, our first half results are encouraging. However, depending on the length and depth of the slowdown, it's uncertain how much our results will be impacted going forward.”

He added that as part of JobStreet.com's strategy to expand its service of online recruitment in the region, it has entered into partnership with Sanook Online Ltd to establish JobStreet (Thailand) Co., Ltd. He said: “We intend to use our experience from our operations in our other offices in the region to replicate JobStreet.com's success in Thailand. With a strong online partner like Sanook, we are confident in meeting our objectives.”

About JobStreet
JobStreet operates the JobStreet.com (www.jobstreet.com) online recruitment websites presently covering the employment markets in Malaysia, Singapore, the Philippines, Indonesia, India, Bangladesh, Japan, Vietnam and Thailand. The Group currently services over 50,000 corporate customers and over 5.0 million jobseekers. JobStreet (JOBST) is listed on the Main Board of Bursa Malaysia Securities.