Commentary

Sandton, South Africa – 14 May 2007, Network Healthcare Holdings Limited (“Netcare”), an investment holding company listed on the JSE Limited, South Africa, operating through its subsidiaries, the largest private hospital networks in South Africa and the United Kingdom (“UK”), announces interim group results for the six months ended 31 March 2007. The results have been prepared in accordance with International Financial Reporting Standards (“IFRS”).

Overview

Group operating revenue increased 128,9% to R9 176 million, driven by the acquisitive growth of R4 582 million from General Healthcare Group (“GHG”), our 50,1% owned UK subsidiary, and solid revenue growth of 14,1% in South Africa. Operating profit increased by 165,8% to R1 519 million with the operating profit margin expanding from 14,2% to 16,5%.

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