JobStreet Corporation Berhad (“JOBS”), a leading online recruitment company in the region, listed on the Mesdaq market of Bursa Malaysia, today announces an increase in profits of over 80% for the six-month period ending 30 Jun 2005, in comparison with the first six months of 2004.

For the second quarter of 2005, the JobStreet Group has achieved total revenue of RM13.7million which brings the revenue to date for the first six months of 2005 to RM25.5 million. Year-on-year revenue growth for the first half is 58%. At the same time, its quarterly net profit recorded an encouraging sequential 15% percent increase from RM3.5 million last quarter to RM4.1 million for the second quarter 2005.

Mark Chang, founder and CEO of JobStreet Corp. Bhd. says: “The JobStreet Group continues to demonstrate strong profitability with our second quarter results. We believe with a healthy regional economy, we should continue to see solid organic growth. We are also actively exploring the possibility of expanding regionally with our first MOU signed recently with the PT Sinarmas Multiartha group of Indonesia. Against this background, the past few months have been very busy and rewarding for JobStreet and we see opportunities going forward."

JobStreet operates the JobStreet.com online recruitment websites covering the employment markets in Malaysia, Singapore, India and Philippines. The Group currently services over 15,000 corporate customers and over 3.0 million jobseekers.