Prsentation Jet Multimdia

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Presentation Midcap Events 19 20
September 2005
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• Our Business ONLINE MULTIMEDIA
• To create, deliver promote online contents for
  the mass market
• To host manage
  corporate online services

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• History
• Activities
• BtoC BtoBtoC business 5
• BtoB business 14
• Market Strategy 20
• Financial Results 23
• Conclusion 33

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History

• Founded in 1989
• Listed on Euronext Paris since 1996
• Around 600 people
• Offices in France, Spain, Italy, Morocco Canada
• Lyon
• Paris
• Toulouse
• Hold to 57 by

• Grenoble
• Chambéry
• Madrid

• Milan
• Casablanca
• Montreal

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• History
• Activities
• BtoC BtoBtoC business
• BtoB business
• Market Strategy
• Financial Results
• Conclusion

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BtoC BtoBtoC Business
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Mediaplazza Mobile Content

• Mediaplazza is the largest affiliation platform
  for mobile content in the world 35,000
  affiliates (Internet web sites, medias,
  webmasters etc) have already joined our
  affiliation program in 50 countries
• Sonnerie.net network of affiliated web sites
  entered this year the Top300 of worldwide
  Internet audience ()
• more than 60 million unique visitors / month
• more than 90 million viewed pages / day
• Business model is based on  revenue
  sharing  with various payment systems
• Audiotex
• Premium SMS
• A delivery platform interconnected with 130
  telcos
• () source Alexa

• Credit Card
• Prepaid Card

• ISP Billing

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Mediaplazza Mobile Content

• Largest mobile content database in the world,
  with a catalog of 80,000 items ring tones
  (mono, polyphonic MP3), logos (BW, color)
  voice mail messages, Java games

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Mediafusion

• 2005 Acquisition of the leading online service
  provider in Spain, for voice mobile services on
  BtoC BtoB markets
• High-capacity multi-channel online server with
• Mobility SMS, MMS, WAP
• value-added services for content providers
  publishers (vote, chat, games, promotion, news,
  )
• mobile personalization with in-house
  third-party content (logos, ring tones, pictures,
  games)
• Wireline telephony 80x et 902 Audiotex
• BtoB value-added services for companies
  (customer service, helpdesk, virtual call
  center)
• BtoC entertainment voice services
• SMS Marketing advertising promotion campaigns
• 100 people in Madrid

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Business Case

• i-mode services content (customization, lottery
  results) games, event-driven services
• Voice portal on the 3214 short number
• SMS Games 30 event-driven games per year
• Premium SMS services on 31234, 51234 71234
  short codes
• SMS -gt voice platform hosting
• Content providing for Orange World the voice
  portal
• Content providing for Vodafone Live! the voice
  portal

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Business Case

• Interactive voice services based on TV programs
  real TV with news, games, voting Ferme des
  Célébrités, Star Academy, Nice People, Who
  wants to be a millionaire, Miss France...
• Voice Portal using speech recognition on a short
  number 3280
• Summer 2005 hosting of the Internet / Web
  platform for all the TF1 group web sites managed
  by

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Business Case WAP / i-mode services
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Jet Media Advertising Agency

• An agency selling ad-space to promote online
  services
• Audiotex number
• Premium SMS short code
• Minitel service
• Focused on
• classified ads press groups, with 400 titles
  Paru-Vendu, SPIR Communication
• weekly magazines
• TV press Télé 2 Semaines, Télé Grandes Chaînes,
  TV Magazine, Télé Poche, Télé Star
• womens press Voici, Maxi, Nous Deux, Mon
  Jardin-Ma Maison...

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• History
• Activities
• BtoC BtoBtoC business
• BtoB business
• Market Strategy
• Financial Results
• Conclusion

15
BtoB Business

• Our business multichannel value-added hosting
  for online services combining Internet, Wireline,
  Mobile Phone, Minitel in addition to telco offers
• Our market the demand from large companies
  administrations is for transactional complex
  applications CRM, e-business, online
  administration... ...
• Two value offers
• hosting managed services
• application service provider (ASP)
• Our partners solutions fitting the needs of our
  customers, designed in partnership with reknown
  hardware software vendors

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Hosting Business Solutions

• From Value-added Hosting to Managed Services
• Jet Multimédia has developed expertise on the
  hosting of multi-channel online services
• From being a Minitel Audiotel hosting center,
  Jet Multimédia is now a major player for Internet
  ans Mobile services
• Our expertise allows us to host in our Data
  Centers most complex platforms, including those
  of Media companies, demanding the most recent
  technologies
• Working for large companies and administrations
  has allowed Jet Multimédia to acquire reknown
  competences in integration and maintenance of
  hosted platforms with the highest level of
  quality of service
• Today, more and more companies give us the
  outsourcing of IS infrastructures with managed
  services contracts
• Ths approach is directly complementary among that
  of

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Hosting Business Solutions

• Application platforms to deliver multi-channel
  business solutions
• Jet Multimédia datacenters are directly connected
  to fixed and mobile telecom backbones, in France
  and outside of France. This infrastructure is
  hosting application platforms providing value
  added to the networks by offering multi-channel
  solutions Internet, Fixed Mobile telephony
• Jet Multimédia has developed a wide range of
  business solutions answering the needs of
  companies and administrations, especially for
  communication (e-mail, collaborative teamwork),
  customer relationship management (voice portal,
  multi-channel virtual contact center),
  interactive marketing (SMS, SMS, MMS, i-mode,
  WAP, e-mailing) and online payments (Audio,
  SMS, Internet, credit card)

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Business Case

• Plate-Formes de Services
• nationwide IVRACDCTI server to collect route
  the phone calls thru a "global virtual call
  center"
• 95 deployed - more than 3 million calls per
  month
• Contact Centers for
• management of incoming phone calls and e-mails
• smart routing

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Business Case

• "Contacteur Hyperphone" system
• to automatically link recruitment agencies to
  people seeking jobs
• when a job mission meets people's profile, the
  server automatically issues a call by phone / SMS
  / e-mail / fax
• more than 1 million contacts monthly, 90
  successful within less than one hour
• system deployed in France and Benelux
• Hosting of Internet portals
• event-driven web sites
• fully redundant servers with firewalling load
  balancing capabilities, e-mail platform, audio
  video streaming
• millions of visits per month

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• History
• Activities
• BtoC BtoBtoC business
• BtoB business
• Market
• Financial Results
• Conclusion

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Online multimedia

• 2005, market for online services
• Worldwide
• 900 millions Internet users
• 1400 millions mobile users
• France
• 50 millions wireline users
• 45 millions mobile users
• 24 millions Internet users
• 15 millions Minitel
• (sources ART, France Telecom, Mediamétrie, iData)

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Mobile services

• 2005-2010 explosion of mobile services
• 64 of French teenagers have already downloaded a
  ringtone (source Médiamétrie )
• in France, 10 million mobiles are using WAP,
  i-mode, MMS or e-mail multimedia services - 25
  of the total customer base (source ART )
• Mobile contents could reach 45 bn by 2009
• (source Juniper Research)
• Mobile Java services could reach 15 bn by 2008
• (source ARC Group)
• Java games market could be 1 bn by 2005 and 6
  bn by 2010
• (source ScreenDigest)
• Mobile TV could reach 52 millions people and 6.7
  bn by 2009
• (source Strategy Analytics )

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• History
• Activities
• BtoC BtoBtoC business
• BtoB business
• Market Strategy
• Financial Results
• Conclusion

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2004 Revenue Growth
Consolidated 2004 revenue E 144.2 Mln Cumulated
2004 revenue E 200 Mln approx. (after
Mediafusion acquisition in January
2005)
E Mln
Consolidated Revenue
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2004-2005 Business breakdown
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2004-2005 Business breakdown

• Breakdown by Technologies for
• Multimedia Hosting

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2005 Growth driven by Mobile

• H1 2005 revenue (IFRS) E 112.4 Mln
• 41
• Evolution
• "Multimédia Hosting"
• 45 E 100.7 Mln
• Mobile services from E 4.3 mln to E 28.2 Mln
• Telephony Services 25
• Internet E-business 18
• Minitel -34
• " Advertising Communication "
• 14 E 11.7 Mln

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Simplified P L
Million of euros 2004 2003 2002 Turnover 144.
2 120.0 108.5 Operating income
6.0 4.9 -3.5 Operating financial income
7.0 6.2 -1.2 Net income 8.3 7.5 1.8 before
goodwill amortization Net income 6.1 5.8 0.1
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Simplified balance sheet
ASSETS 000 euros 2004 2003 2002 Fixed
assets 22 568 17 331 20 328 Current assets 51
453 47 328 41 958 Deferred charges 9 774 8 147 6
322 Cash 41 051 33 757 69 105 LIABILITIES
Stockholders equity 70 527 59 422 92
570 Prov. / liabilities charges 2 051 2 544 3
227 Current liabilities 44 781 41 768 37
606 Other debts 7 487 () 2 829 4
310 TOTAL 124 846 106 563 137 713 ()
including E 2.8 Mln for Mediaplazza acquisition
earn-out
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Stock Chart
Listed on Eurolist C
Mediafusion Acquisition
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Shareholders

• Capital 9 219 311 shares
• Market Cap E 190 Mln (approx.)

Free Float
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• History
• Activities
• BtoC BtoBtoC business
• BtoB business
• Market Strategy
• Financial Results
• Conclusion

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Conclusion

• IN 2005, THE EUROPEAN LEADER
• FOR MULTIMEDIA ONLINE SERVICES
• A unique global player, making more than E 200
  Mln annual sales
• More focused on mass market and mobile business
• More international, with more than 1/3 of the
  business outside of France
• More profitable, accelerated growth, with cash
  and a free credit-worthiness
• To be a player of the sector consolidation in
  Europe

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Strategy for 2005-2007

• To boost the growth and to improve the
  profitability by being more focused on BtoC mass
  market and mobile services
• To be a key player in Europe for providing,
  aggregating, delivering promoting multimedia
  online services for the mass market
• To develop worldwide, taking advantage of huge
  growth in America and Asia