Estimation of consolidated revenue from sales for July 2010 Acting pursuant to Art. 5(1)(25) of the Resolution of the Minister of Finance dated 19 February, 2009 in the matter of current and periodical information communicated by issuers of securities and terms of recognition of information required by provisions of the law of non-member states as equivalent (Journal of Laws Dz.U. No. 33, item 259, as amended), the Management Board of City Interactive S.A. hereby informs, that as per the estimations of the Company the consolidated net revenue from sales generated by the City Interactive Capital Group in July 2010 exceeded 14 million PLN.
In the Company’s opinion, additional orders for the “Sniper: Ghost Warrior” game both for video consoles and the PC significantly impacted the volume of sales on major sales markets, including in particular the United States, Great Britain, Germany and France.
In the coming months the Company’s Management Boards expects a gradual decrease in the volume of additional orders for the above mentioned game for the platforms it was issued, in accordance with the standard life cycle of the product.
The present estimations were prepared by the Company under the following assumptions: Company’s consolidated base currency is PLN. Revenue generated by City Interactive S.A. and the companies forming the capital group in currencies other than the consolidated base currency were converted and presented in accordance with the International Financial Reporting Standards, included being all effected transactions as well as those which will have been effected by the end of the current month.
Returns noted in the period covered by the revenue estimation will be settled against the reserve created for this purpose in the first half of 2010. The Company’s Management Board will be constantly monitoring the performance of the estimations.
The presented revenue estimations were not subject to verification by a chartered auditor.
