The Board of Culturecom Holdings Ltd. informed the shareholders of the company and potential investors that based on information currently available, the group is expected to record a loss for the year ended March 31, 2012 as compared with a profit for the year ended March 31, 2011. The expected change was mainly attributable to decrease in fair value of assets of the group investment in various projects, which has no effect on the cash flow of the group for the current reporting period.