MaltaPost plc - Interim Directors’ Statement

Friday, February 18th, 2011

On 18 February MaltaPost announced that during the period commencing 1 October 2010 to date, the financial performance of the Company was slightly below that of the corresponding period last year whilst conditions in the market place continue to follow the trends already well-established. The postal operator explained that emphasis on efficient service, sensible use of resources as well as a broadening of ancillary services to increase the existing revenue streams continues to be given with encouraging prospects.

The Directors of the postal operator commented on the confidence shown by the shareholders following the recent take-up of over 83% of the total dividend payable by way of the scrip option.

MaltaPost reiterated that its financial fundamentals remain robust and in the light of the overall existing market conditions, the Directors are cautiously optimistic of a satisfactory performance for the first half of their fiscal year ending 31 March 2011.

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