Consolidated sales for 2004 reached Euro 144.2 million, a 20.2% growth compared to the previous year, with 3.2% organic growth.

Current profit has been improved from Euro 6.2 million in 2003 to Euro 7.0 million in 2004. This allows the group to post a positive net income of Euro 8.3 million, after taking in account the product of deferred taxes and before goodwill amortization.

Activity Segmentation:

• The Multimedia Hosting & Delivery Platform division rose 19% to Euro 124.3 million and makes 86% of the group sales. One notes a growth of the Internet E-business hosting and electronic payment services to Euro 37.9 million, an explosion of Mobile services activity which rises to Euro 11.2 million, an evolution of the products-mix of the Interactive telephony services business, whose sales reached E 60,1 million, and a decrease of the Minitel activity to Euro 7.9 million. This divison accounts for Euro 4.4 million to the group current profit.

• The Advertising & Communication division achieved a 27% growth to Euro 19.9 million, making 14% 86% of the group sales, and contributing to Euro 2.6 million to the group current profit.

PERSPECTIVES

With the acquisition of Mediaplazza in 2004 and Mediafusion at the beginning of 2005, Jet Multimedia becomes the European leader for interactive online services and improves its positioning on the mass market and mobile services.
On the basis of this new perimeter integrating the activity of Médiafusion, the group represented in 2004 approximately Euro 200 million sales. Established in France, Spain, Italy, Canada and Morocco, the group sells mobile contents in nearly 50 countries out of the 5 continents. In 2005, non-French operations should represent approximately one half of the sales.
In addition, Jet Multimedia, which has an important treasury after the acquisition of Mediafusion, has the means of financing its internal growth and of carrying out new operations of external growth.