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NetDimensions (Holdings) Limited
(“NetDimensions”, the “Group” or the “Company”)

Interim Results for the six months ended 30 June 2008

NetDimensions is a software publisher that provides companies, government agencies and other organizations with enterprise-class performance, knowledge and learning management related software and services, enabling its clients to manage the delivery and administration of their training programs.

NetDimensions delivers a strong trading performance

Financial Highlights

• Sales for the six months to 30 June 2008 increased by 37% to US$2.94 million (2007: US$2.15 million)
• First half profit of US$0.09 million
• The Group has continued to generate positive cash flows of US$0.84 million from its operating activities in the last six months
• As at 30 June 2008, the Company had cash at bank of US$6.4 million with no borrowings
• Second half results are expected to be stronger, in line with the Company’s historical trends

Operations Highlights

• Added 47 new clients including DAK Americas LLC, PricewaterhouseCoopers Services Pty Ltd. (Australia), The Miami Herald and Electrabel Nederland
• Formed a joint venture with a leading IT Services company listed on the Singapore Stock Exchange
• Released the latest 5.0 version of flagship product, EKP
• Launched ISO 9000/9001 Quality Management Program

Roger Durn, Chairman, commented: “I am pleased to present an excellent set of results. We have delivered substantial revenue growth and added 47 new clients in the last six months. We have continued to generate cash, increase revenues and invest for future growth while managing costs in a challenging economic environment.

Given that NetDimensions has traditionally generated the majority of its annual revenues in the second half of the year and that we are seeing continued growth in our target markets, the Company is confident of adding new clients in the second half of 2008 and of continuing to see substantial revenue and profit growth.\\\"

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