Based on an initial assessment of the management accounts for the fourth quarter ended 31 March 2013, the Board of Directors of CSC Holdings Ltd. is expected to report a net loss for the fourth quarter of fiscal 2013. The net loss is the result of a provision for doubtful debts made in the fourth quarter of fiscal 2013.

Notwithstanding this, the group will be profitable for the financial year ended 31 March 2013.