	SPECTRUM GROUP
	Quarter	Quarter	9 Months	9 Months	12 Months
	ended	ended	ended	ended	ended
	30.09.12	30.09.11	30.09.12	30.09.11	31.12.11
(USD 1000)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)

Total operating revenue	24,515	27,263	86,038	41,123	81,245

EBIT	5,728	4,164	19,068	4,308	14,702

Net Profit / (Loss) from continuing operations	2,916	6,315	11,005	5,303	14,391

Cash flow from operating activities	15,565	4,927	64,978	5,616	16,337

Investment in Multi Client Libraries	23,242	42,336	64,102	49,745	54,164

Cash and cash equivalents	3,819	4,151	3,819	4,151	5,953

Q3 Highlights

n Multi Client sales in the quarter totalled MUSD 23.8 (2011:MUSD 26.5)

n Revenue share on Multi Client sales was 17% of operating revenue compared to 34% in Q3 2011, giving net revenue of MUSD 20.4 (2011:MUSD 18.1)

n EBIT in the quarter of USD 5.7 (2011:MUSD 4.2)

n Organic investment (Multi Client Capex) was MUSD 23.2 with 52% prefunding (2011:MUSD 2.4)

n Operational cash flow in Q3 of MUSD 15.6 (2011:MUSD 4.9)

9 months Highlights

n Multi Client sales totalled MUSD 83.3 (2011:MUSD 38.1)

n EBIT was MUSD 19.1 (2011:MUSD 4.3)

n Organic investment (Multi Client Capex) was MUSD 64.1 with 53% prefunding (2011: MUSD 9.7)

n Operational cash flow of MUSD 65.0 (2011:MUSD 5.6)