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Profit Guidance

BackFeb 06, 2012

For the Financial Period Ended: 31-12-2011

The Board of Directors of CSE Global Limited ("CSE") wishes to announce that CSE is expected to report a profit which is less than advised in our November 2011 Results Announcement in which it was stated that,

"CSE is confident that despite the turbulent world economic situation its 4Q2011 performance will be better than 3Q2011 and 4Q2010".

In Q4 2011 CSE has been adversely affected by the fact that several of our customers were late in providing approval for our engineering designs which has led to a lower than planned lower revenue and profit contribution from those contracts.

Full details will be disclosed when the Company announces its financial results for the full year 2011 on or before 28 February 2012, but the guidance is that the Board anticipates that the Q4 profit after tax will be around 75% of the profit after tax achieved in Q3 2011.


BY ORDER OF THE BOARD

Tan San Ju
Company Secretary
6 February 2012