HI-MEDIA : HI-MEDIA :€198 million pro forma sales in 2012

          HI-MEDIA : HI-MEDIA :€198 million pro forma sales in 2012

  oConfirmation of a business upturn at the end of the year
    
  oVery strong growth in new activities, driven by technological innovations
    in advertising and payment
    
  oReturn to growth forecast in 2013

Paris, January  24, 2013,  5.40pm-  Online media  group Hi-Media  (Code  ISIN 
FR0000075988 -  HIM, HIM.FR),  a European  leader in  monetizing the  Internet 
audience, today published its sales figures for the 2012 financial year.

                      Main consolidated data (€ million)

                     2012      2011    Variation   2012      2011    Variation
Sales             pro forma pro forma           published published
   Advertising        91        99        -8%       88        105      -16%
  Payments gross      404       354      +14%       404       362      +12%
      sales
     Payments         107       111       -4%       107       125      -15%
      Total           198       210       -6%       195       230      -15%

Commenting on the full  year 2012 sales figures,  founder and CEO of  Hi-Media 
Group Cyril Zimmermann, said:  "In a challenging  market, Hi-Media during  the 
last quarter confirmed the positive  upturn identified this summer and  posted 
improved performances. With stronger  positions in both  the four main  growth 
areas of online advertising - Ad Exchange, Video, Mobile, Special Operations -
and in the online  banking activities, with the  HiPay electronic wallet,  the 
Group now has  powerful growth drivers  in place and  enters 2013  confidently 
expecting a gradual return to growth."

BUSINESS ANALYSIS

During the full year 2012, Hi-Media  generated a consolidated turnover of  198 
million euros, down 6% on a pro forma basis (restated from carved out and  new 
entities within the  Advertising perimeter  UK, Netherlands and  Ad Triple  in 
Spain as well as from the termination  of the free to play lotteries  activity 
on the Payments side).

Hi-Media ADVERTISING

                Q4 2012 Q4 2011 Variation
Sales pro forma
  Advertising    26.2    28.5      -8%

Under IFRS, the company reports the gross volume of advertising space sales in
some instances, and in others reports the gross margin realized on space sales
(most notably in Sweden and on Group proprietary sites).

At €26.2  million, the  downturn in  Q4 sales  was smaller  than the  previous 
quarter, confirming the signs of recovery that emerged over the summer.

The upturn is  the result not  of any improvement  in the advertising  market, 
which remains depressed and particularly  so in Southern Europe, where  relies 
c.30% of the Group's  business, but stems rather  from the new growth  drivers 
provided by new products and services launched over the past 18 months. The ad
exchange, video, mobile  and special campaigns  businesses reported growth  in 
excess of 50% and at end of 2012 accounted for over 30% of total business.

The progressively growing  contribution made  by these  new activities  should 
offset the downturn in the traditional display advertising market. The Group's
overall advertising business into a new growth cycle over the course of 2013.

Moreover, the Group businesses in  Southern Europe demonstrate first signs  of 
stabilization and should  also return  toward a  positive path  thanks to  the 
impact of new products.

Hi-Media PAYMENTS

                     Q4 2012 Q4 2011 Variation
Sales pro forma
Payments gross sales  104.9   91.5     +15%
     Paiements        25.6    27.5      -7%

Under IFRS,  the company  reports the  gross volume  of transactions  in  some 
instances, and in  others reports  the gross margin  realized on  transactions 
(particularly for its e-money activities).

During the fourth quarter the volume of transactions processed by Hi-Media  is 
up by 15%, testimony to  the success of its  range of services, especially  in 
the world of  video games and  in online  news, most notably  via the  e-press 
consortium.

The payments sector is experiencing a transition similar to that described for
the  advertising  business,  with   new  services  gradually  offsetting   the 
increasing maturity of some of the Group's more traditional activities,  which 
have felt the effects of the difficult economic environment.

Micropayment methods  (in  particular  payment  by  SMS)  are  experiencing  a 
slowdown, while  banking methods  of  payment based  on the  HiPay  electronic 
wallet have seen  growth of  over 40%.  HiPay now  has over  two million  open 
accounts and is enjoying growing success with every quarter.

Similar to  the advertising  business, new  activities are  emerging based  on 
technological innovations introduced by the Group over the past 18 months. The
launch of new  payment solutions is  expected to confirm  this trend over  the 
course of 2013.

OUTLOOK

Both market  places  -  Hi-Media  Ad eXchange  for  advertising  and  Hi-Media 
Payments for payment solutions  - are encountering  changes with new  services 
driven by  innovative technology  and  are enjoying  very strong  growth  that 
should gradually offset the  effects of the  depressed market environment  for 
the Group's traditional services.  Thanks to the  strategic choices made  over 
the last two financial years,  Hi-Media should be in  a position to return  to 
growth over the course of 2013.

About Hi-Media Group
Hi-Media is one of  Europe's leading online media  groups. Its business  model 
relies on two different revenue streams: online advertising via its  dedicated 
ad network Hi-Media Advertising and  online content monetization via  Hi-Media 
Payments. The group, which operates in 9 European countries, employs some  470 
people and posted sales of over €230 million in 2011.
Independent since its creation in 1996, the company is listed on NYSE Euronext
Paris - Compartment C and  is included in the  CAC Small and CAC  All-Tradable 
indices.
ISIN code: FR0000075988/Mnenomic: HIM.

Further  information  available   on  www.hi-media.com  and   on  our   blog 
http://blog.hi-media.com/

Next financial communication: 2012  annual results on  March 14, 2013,  before 
market opening.

Contact: Citigate Dewe Rogerson

Investor contact: Agnes Villeret: 01 53 32 78 95 - agnes.villeret@citigate.fr.
Press  contact:  Servane  Taslé:  01  53  32  78  94  -  06  66  58  84  28  - 
servane.tasle@citigate.fr

This press release does not constitute an offer to sell, or a solicitation  of 
an offer to  buy Hi-Media shares.  If you wish  to obtain further  information 
about Hi-Media, please refer to our website http://www.hi-media.com under  the 
Corporate Information heading.
This press  release  may  contain some  forward-looking  statements.  Although 
Hi-Media considers that these statements are based on reasonable hypotheses at
the date of publication of this release,  they are by their nature subject  to 
risks and uncertainties which could cause actual results to differ  materially 
from those indicated or projected in these statements. Hi-Media operates in  a 
continually changing environment  and new risks  emerge continually.  Hi-Media 
does not undertake and expressly disclaims any obligation to update or  revise 
any of these forward-looking statements,  whether to reflect new  information, 
future events or circumstances or otherwise.

Hi-Media: €198 million pro forma sales in 2012

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Source: HI-MEDIA via Thomson Reuters ONE
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