Dear Reader,

Dear Clients, well we are here again almost at the end of January, it seems like yesterday that I was wishing you all Happy Holidays.

From all accounts the economy seems to be steaming forward, it is amazing to see the results of the retailers, motor manufacturers etc, continue to outstrip expectations. Primedia's fiscal is into the second 6 months, so we will be keeping the pedal to the metal to ensure that we continue to keep driving service levels, new innovations and great packages.

Primedia will also focus strongly on the content market going forward, the purchase of "Airgames" – cellphone gaming company- will ensure that we are active in not just mainline media but also in the lucrative cellphone gaming business. Convergence opportunities will certainly be on our agenda for the future.

As always, please do not hesitate to contact me should you have any queries and may 2006 be another great year for you and your business.

Kind regards.

Trevor Ormerod.
(011) 5063166
email: Trevor@primedialtd.co.za

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