51job Posts 15 Percent Revenue Rise

March 7, 2010 – 51job, Inc./(NASDAQ:JOBS), a provider of integrated human resource services in China, has posted second quarter revenues of RMB226.0 million (U.S. $33.1 million), an increase of 15.2 percent from revenues of RMB218.7 million for the same quarter in 2008. Online recruitment services revenues for the fourth quarter of 2009 were RMB97.3 million (U.S. $14.2 million), representing a 33.7 percent increase from RMB72.7 million for the same quarter of the prior year. The increase primarily resulted from a greater number of unique employers using the company's online recruitment services, which was partially offset by lower average revenue per unique employer. Net income increased to RMB46.4 million (U.S. $6.8 million) from RMB6.8 million a year ago. Fully diluted earnings per common share were RMB0.84 (U.S. $0.12) compared with RMB0.12 for the same quarter in 2008. “In light of the challenges we faced and overcame in 2009, we were especially pleased to end the year on a high note by achieving record profit in the fourth quarter,” said Rick Yan, president and CEO. “We have observed a strengthening trend in market conditions and believe our online business in particular has carried solid momentum into 2010. We believe the year is off to a robust start for 51job.”

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