SOURCE: RHJ International SA

November 16, 2006 02:31 ET

Columbia Music Entertainment Issues Notice of Consolidated Business Results for First Half of Fiscal Year Ending March 2007

BRUSSELS, BELGIUM -- (MARKET WIRE) -- November 16, 2006 --


RHJ International (the "Company"), a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, announces that Columbia Music Entertainment Inc. (CME), has issued today, November 16, 2006, its consolidated business results for the first half (April 1 - September 30, 2006) of the fiscal year ending March 31, 2007.

A translation of the announcement published by CME, in Tokyo on November 16, 2006 is attached. Figures are expressed in Japanese accounting standards (Japanese GAAP).

CME is one of the current six consolidated portfolio companies of the Company. CME, established in 1910, is engaged primarily in music production and entertainment in Japan and pressing services in Japan and the United States. Music production and entertainment is the production, manufacturing, marketing and distribution of music.

CME is listed on the first section of the Tokyo Stock Exchange under the ticker 6791.

The Company currently holds approximately 25.5% of CME issued and outstanding shares (not including the exercise of any stock acquisition rights).

DISCLAIMER

This announcement does not constitute an offer or invitation to purchase any securities.

FORWARD-LOOKING STATEMENTS

The attached announcement contains forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on the current plans, estimates and projections of Columbia Music Entertainment Inc. as well as on its expectations of external conditions and events. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Neither the Company nor Columbia Music Entertainment Inc. undertake to update any of the statements in light of new information or future events, except to the extent required by applicable law.

For further information, please contact :

Arnaud DENIS
Investor Relations Manager
RHJ International
e-mail : adenis@rhji.com
Please click on the link below to open the full pdf version of the press release:

http://hugin.info/135946/R/1088625/191184.pdf



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