( Half-year results )

000 euros	H1 2006	H1 2005	Evolution	2005
Revenue	129,407	112,373	+15%	236,772
Operating profit on activities	5,010	5,805	-14%	11,921
Operating profit	3,635	5,781	-37%	11,252
Pre-tax profit	3,323	5,167	-36%	10,642
Taxes	-1,249	-2,256	-45%	-3,195
Net profit	2,074	2,906	-29%	7,437

( Activity: good overall performance )

Following the trend initiated in 2005, the first half of 2006 has been marked by a strong organic growth of the revenues (+15%) and by external growth with the acquisition of the Polish company Avantis in May 2006.

Excluding TJM and Mediaplazza, the activity of the Group has increased by 16% to 121.4 ME for an operating profit on activities of 7.5 ME growing by 42%, representing an operational profitability of 6.2%, a strong improvement.

The "mobile services" activities of Mediaplazza and TJM have contributed to the revenue for 8 ME and generated an operating loss of 2.5 ME.

Created at the end of 2005, TJM, a joint-venture with TF1 consolidated to 50%, contributed to the 1st half period for 2,4 ME revenue and 1.2 ME operating loss. These results are in line with the ambitions fixed at the beginning and includes significant commercial and advertising investments.

The activity of Mediaplazza suffered from a hard competition which duplicated its model of distribution of contents for mobiles on Internet through affiliation programs, increasing the acquisition cost of customers. In addition, since 2005, the market of mobile contents was tightened mainly because of a delay in the deployment of new technologies allowing to offer new services. Mediaplazza has achieved 5.6 ME revenue for a 1.3 ME operating loss. A restructuring process has been launched in order to allow Mediaplazza to stay the leader of the sale of mobile contents by affiliation.

For the whole Group, the operating profit on activities reached 5 ME (5.8 ME in 2005). The operating profit amounts to 3.6 ME (5.8 ME in 2005), impacted by stock-options charges for 1.4 ME over the six-month period. The net profit is 2.1 ME (2.9 ME in 2005).

( Strong financial structure and self-financing of the growth )

Jet Multimedia has a strong balance sheet, coherent with development strategy: during the first half of 2006, the group has generated an activity cash flow of 14.9 ME. The group thus financed its current operating investments, its external development (8.9 ME for Avantis acquisition and 11.1 ME for Mediafusion earn-out) and paid a dividend to its shareholders, maintaining a net cash of about 10 ME by the end of June 2006.

( Perspectives )

Excluding "mobile services" activities of TJM and Mediaplazza, Jet Multimedia is now in a trend of profitable and cash-generating growth, allowing to gradually reach a noticeably bigger size, in line with of its ambitions to be by 2008 among the leaders of the sector, largely established internationally.

In that perspective, its positioning balanced between B to B and B to B to C activities, as well as its geographical expansion are decisive competitive advantages against competitors which that are more local and have less diversified offers.

Regarding TJM, the joint venture with TF1 which remains a significant development axis, the increase of TJM revenues should enable the company to reach the break-even before the end of the year.

Mediaplazza re-launches its activity capitalizing on its assets: a strong Internet audience on a young target, the cover of more than 60 countries and a catalogue of more than 80,000 products. Mediaplazza will strongly increase its activity by an increased focus on the emergent countries, the introduction of new contents and applications and a better exploitation of the customer base in direct marketing actions in order to reach again the break-even during the second half-year.

Globally, all indicates that the second half-year should post a better performance than that for the first half.

JET MULTIMÉDIA - www.jetmultimedia.com – The Online Value
Jet Multimédia is the European leader for interactive online services

Jet Multimedia is a group specialized in multimedia online services, whose business is articulated around two activities:
B to B to C activity: to create, deliver and promote, through telecom operators and medias, contents and services for the mass market.
B to B activity: to design, build and operate outsourced IT services for large companies and administrations

Jet Multimedia is listed on Eurolist B of Euronext Paris - Code : JET - ISIN : FR 0000053456

 Pierre COL - Marketing, Communication & Investor Relations
E-mail : pcol@jetmultimedia.com Tel : (33) 478 171 634