August 13, 2004 – For the second quarter ended 30 June 2004(“2Q2004”), the Group achieved a turnover of RM3,968,354. For the 6-month period ended 30 June 2004 (“1H2004”), the Group recorded a turnover of RM7,517,220. The turnover recorded in the 6-month period is an improvement in the Group’s turnover as it represents 80.87% of the corresponding turnover for the whole of the financial year ended 31 December 2003.

The overall increase in turnover for 1H2004 is mainly due to the continuing implementation of existing contracts in hand of approximately RM11.4 million and the acquisition of the NPT Group.

The Group recorded a PAT of approximately RM1.64 million in 2Q2004. For the 6-month period ended 30 June 2004, the Group achieved a PAT of RM3.3 million. This represents a significant improvement in Group PAT as the PAT of the Group for the 6 month period exceeds the proforma Group PAT recorded for the whole financial year ended 31 December 2003 of RM3.1 million.

The improved PAT results of the Group reflect continuing strong market acceptance of GPRO’s IT solutions for the textile and apparel manufacturing industry.

It should be noted that the improved net profit results were achieved without the benefits of the RM25 million listing proceeds raised through GPRO’s initial public offering that was completed during the quarter.

(Excerpts taken from K&N Kenanga’s Research Report released 26th August 2004. If you are interested in obtaining the full report, please visit www.bursamalaysia.com or contact us.)