2waytraffic preliminary results 2006

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2waytraffic ('2waytraffic' or the 'Company')
Preliminary results for the 12 months ended 31 December 2006

Hilversum, 28 March 2007- 2waytraffic, the AIM listed interactive media content provider, today issued the following annual preliminary results for the 12 months ended 31 December 2006.

Financial Highlights

- Turnover increased 533% to EUR 29.3 million (.19.7 million) versus EUR 5.5 million (.3.7 million) in 2005 driven by increasing demand for interactive content and geographic expansion
- Underlying normalised EBITDA of EUR 9.1 million (.6.1 million) versus EUR 1.4 million (.0.9 million) in 2005
- Strong performance of existing 2waytraffic business contributing EUR 8.4 million (.5.7 million) to normalised EBITDA prior to acquisition of 'Who Wants To Be A Millionaire?'(WWTBAM) and Celador International
- Reported operating result (EBIT) of EUR 4.4 million (.3.0 million) versus EUR 0.8 million (.0.5 million) in 2005 after charging non-recurring non-cash expenses of EUR 2.9 million (.1.9 million) relating to the Company's share schemes
- Normalised PBT (result before tax) rose from EUR 1.1 million (.0.75 million) to EUR 7.7 million (.5.2 million) in 2006
- Reported PBT rose from EUR 0.7 million (.0.5 million) of EUR 4.8 million (.3.2 million)
- Normalised EPS amounts to EUR 0.08 (.0.05) whereas reported EPS is EUR 0.04 (.0.03).

Operational Highlights

- Four acquisitions completed during the period including IPTV specialist HIPTV, mobile content business Emexus Group, content developer Intellygents and the transformational acquisition of WWTBAM and Celador International
- The Company established operating companies in Eastern Europe, the Nordics, the Benelux, the UK (through Celador) and a joint venture in Spain
- To support this geographical expansion 2waytraffic International was established to distribute the extended format catalogue of over 200 formats. Ed Louwerse, former head of international sales at Endemol, joined the Company on 1 February 2007 as head of 2waytraffic International
- Organically, the Company has maintained its strong trading in its participation TV business, particularly in the Netherlands, Poland, Sweden and Belgium
- Prime time content expansion with programmes such as WWTBAM, 'Take It Or Leave It' and 'Top Chef'
- The Mobile Content division expanded its activities into South Africa, Indonesia and Australia
- Recent contract wins include sales of 'Last One Standing'in Turkey and Greece, 'WWTBAM' in China, Slovakia, Slovenia and the United States (in cooperation with Buena Vista)

Commenting on the results Kees Abrahams, CEO, said: '2006 has been an extremely busy, rewarding and exciting year for 2waytraffic that saw us deliver against the ambitious strategy we set out at the time of the IPO. The strong organic growth has been driven by a combination of new format launches and international expansion. We have also been busy on the acquisition front and the benefits of the four acquisitions we have made will now start to come through for each of the acquired businesses and for the Group as a whole in the current year. The acquisitions have opened up new territories, prime time slots and an enlarged talent pool, demonstrating the excellent fit with our strategy. In 2006, good progress was made across all divisions and we are now positioned as a key player in the international market for interactive entertainment content.'

'The current year has started well with trading across the Group as a whole in line with our expectations and we are confident that the enlarged Group is well placed to deliver another strong performance in 2007 and beyond.'

The entire release is available via : www.2waytraffic.com

Enquiries:

2waytraffic
Kees Abrahams
Jonni Abbenhuis +31 (0) 35 750 80 00

Financial Dynamics +44 (0) 20 7831 3113
Charles Palmer / Nicola Biles



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