D&M Holdings Inc. Reports Record Consolidated Operating Results Through Nine Months of Fiscal Year 2006 Ending March 31, 2007; Raises Previous Forecast for Full Fiscal Year 2006

Market Wire, February, 2007

Brussels - February 22, 2007 - RHJ International (the "Company"), a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, announces that D&M Holdings Inc., today filed with the Tokyo Stock Exchange its results through the third quarter (July 1 - Dec. 31, 2006) for the 2006 fiscal year ending March 31, 2007. The company also raised its previous net income forecast for consolidated business results for the full 2006 fiscal year.

A translation in English of the announcement published by D&M Holdings Inc. in Tokyo on February 22, 2007, is attached. Figures are expressed in Japanese accounting standards (Japanese GAAP).

D&M Holdings Inc. ( www.dm-holdings.com ) is one of the current seven portfolio companies of the Company. D&M Holdings Inc. manufactures markets and sells premium audio-visual systems and components and digital entertainment home networking products for home and professional use. D&M Holdings Inc. markets these products under its brand names Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, D&M Professional, D&M Premium Sounds Solutions, Denon DJ, Replay TV® and Escient®.

D&M Holdings Inc. is listed on the second section of the Tokyo Stock Exchange under the ticker 6735. The Company currently holds approximately 51.3% of D&M Holdings Inc.'s issued and outstanding shares (not including the exercise of any stock acquisition rights).

DISCLAIMER

This announcement does not constitute an offer or invitation to purchase any securities.

FORWARD-LOOKING STATEMENTS

The attached announcement contains forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on the current plans, estimates and projections of D&M Holdings Inc. as well as on its expectations of external conditions and events. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Neither the Company nor D&M Holdings Inc. undertake to update any of the statements in light of new information or future events, except to the extent required by applicable law.

For further information, please contact :

Arnaud DENIS
Investor Relations Director
RHJ International
e-mail :  adenis@rhji.com 

Please click on the link below to open the full pdf version of the press release, including all the tables:

http://hugin.info/135946/R/1107053/199649.pdf

Copyright © Hugin ASA 2007. All rights reserved.


 

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