1H FY13 Financial Results 12 April 2013

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1 Singapore Pr ress Holdings 1H FY13 Financial Results 12 April 2013

2 Group 1H FY13 financial highlights )(* )(* (! ""# $$#% )(* &$$ $ %%'"( 2

3 Group 1H FY13 financial highlights! + %, - ' $ )(* ( )(*!"# Newspaper and Magazine Advertisement revenue fell S$18.0m (4.6%) Circulation revenue declined S$3.7m (3.7%) Property Increased contribution of S$3.4m (4.5%) from Paragon Others The decrease came mainly from the book publishing business, and the exhibitions business due to shift in dates for certain shows 3

4 Group 1H FY13 financial highlights $%&'!(%))#*&%+%! + %, - ' &'% $ )(* ( ( )* )* (,,!"# The decline in revenue from the Newspaper and Magazine segment was mitigated by a reduction in costs. Improved performance from the Property business Others segment was impacted by stepped-up investment in the local and regional online businesses, and lower revenue from the exhibitions business 4

5 Group 1H FY13 highlights Operating Revenue Composition (S$604.3m) 16.3% 6.0% Newspaper and Magazine Advertisement Revenue Composition (S$373.3m) 14.9% 15.9% 25.7% 61.8% 59.4% Advertisements (Newspaper & Magazine) Circulation Rental & Services Others Display Classified * Magazines & Others * Classified includes Recruitment and Notices 5

6 Ad revenue declined especially in the property and transport sectors 5.0% 2.9% Newspaper Ad Revenue Y-O-Y Growth (%) 0.0% -1.3% -0.4% -1.1% -5.0% -3.9% -5.7% % -7.9% -4.1% -7.1% -5.4% -6.5% -10.0% -9.0% -9.3% -10.5% -10.2% -9.3% -9.0% -15.0% 3QFY12 4QFY12 FY12 1QFY13 2QFY13 1HFY13 Display Classified* Total 6 * Classified includes Recruitment and Notices

7 Circulation boost from digital copies %).) 300 Thousands THE STRAITS TIMES/ THE SUNDAY TIMES THE BUSINESS TIMES THE NEW PAPER / THE NEW PAPER SUNDAY LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN / BERITA MINGGU TAMIL MURASU / TAMIL MURASU SUNDAY 1HFY13 1HFY13 (digital) 1HFY12 1HFY12 (digital) 7

8 Group 1H FY13 highlights Cost Composition (S$422.8m) 18.3% 41.3% 13.3% 9.2% 7.3% 10.6% Staff Cost Newsprint Premises Cost Depreciation Other Materials, Production & Distribution Costss Other Operating Expenses 8

9 Staff costs fell by 2.1% 1H FY13 1H FY12 Change % Staff Costs (S$ 000) 174, ,292 (2.1) Average Headcount 4,270 4, Lower staff costs as reduced variable bonus increments provision was partially offset by salary 9

10 Charge-out price is expected to remain marginally unchanged for the year Average Newsprint Charge-Out Price & Monthly Consumption ,000 11, ,015 9, ,844 10, ,965 9, QFY12 4QFY12 1QFY13 2QFY13 8,000 LHS - Prices (US$) RHS - Ave Mthly Consumption (MT) 10

11 Operating margin sustained above 30% S$ m Recurring Earnings# and Operating Margin^ % % % 25.0% 20.0% 15.0% 10.0% % 0 1H FY09 1H FY10 1H FY11 1H FY12 1H FY13 0.0% Profit before investment income (S$'m) Sky@eleven profits (S$'m) Operating Margin # This represents the recurring earnings of the media and property businesses. ^ Computed based on recurring earnings excluding Sky@eleven. 11

Steady performance from Property segment Paragon Rental income grew by S$3.4m (4.5%) from higher rental rates 100% occupancy www.paragon.com.sg The Clem menti Mall Rental income remained stable 100% occupancy www.

12 Steady performance from Property segment Paragon Rental income grew by S$3.4m (4.5%) from higher rental rates 100% occupancy The Clem menti Mall Rental income remained stable 100% occupancy The Seletar Mall The mall is expected to be completed at the end of

13 Group investible fund The Group will maintain a conservative stance in its investment portfolio allocation 27.7% Group Investible Fund (S$1.0b) 42.5% Returns are expected to be commensurate with a lower riskreturn profile 17.3% 12.5% Equities Investment Funds Bonds Cash and deposits (As at Feb 28, 2013) 13

Building MICE footprint in Singapore and across Asia Inaugural Myanmar Hospitality & Tourism Conference (27-288

series of industry-specific investment conferences is planned from May 2013 onwards Recent acquisition Acquired

14 Building MICE footprint in Singapore and across Asia Inaugural Myanmar Hospitality & Tourism Conference ( Feb 2013) Garnered tremendous interest from international participants, with 300 delegates from 13 countries A series of industry-specific investment conferences is planned from May 2013 onwards Recent acquisition Acquired several events from Expomal International, one of Malaysia s leading exhibition and conference organisers! " # $ %# 14

15 Interim dividend &$.%$ $%#% %%%$ 15

16 Please visit for more information.

1Q FY14 Financial Results 14 January 2014

1Q FY14 Financial Results 14 January 2014 Group 1Q FY14 financial highlights 1Q FY14 S$ 000 1Q FY13 S$ 000 Change % Operating Revenue 328,475 322,092 2.0 Operating Profit # 116,873 114,340 2.2 Investment