乐天堂fun88(中国区)官方网站 Reports Strong Results For The Second Quarter 2012: $365 Million Adjusted EBITDA, $0.58 Adjusted EPS

THE WOODLANDS, Texas, Aug. 1, 2012 /PRNewswire/ --

Second Quarter 2012 Highlights

Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation increased 9% to $124 million compared to the prior year period.
Adjusted EBITDA improved 14% to $365 million compared to the prior year period.
Adjusted diluted income per share improved 21% to $0.58 compared to the prior year period.

听

	Three months ended			Six months ended
	June 30,		March 31,	June 30,
In millions, except per share amounts, unaudited	2012	2011	2012	2012	2011

Revenues	$ 听听2,914	$ 听听2,934	$ 听听2,913	$ 听听5,827	$ 听听5,613

Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation	$ 听听听124	$ 听听听114	$ 听听听163	$ 听听听287	$ 听听听176
Adjusted net income⁽¹⁾	$ 听听听139	$ 听听听116	$ 听听听177	$ 听听听316	$ 听听听226

Diluted income per share	$ 听听 0.52	$ 听听 0.47	$ 听听 0.68	$ 听听 1.19	$ 听听 0.72
Adjusted diluted income per share⁽¹⁾	$ 听听 0.58	$ 听听 0.48	$ 听听 0.74	$ 听听 1.32	$ 听听 0.93

EBITDA⁽¹⁾	$ 听听听352	$ 听听听323	$ 听听听390	$ 听听听742	$ 听听听562
Adjusted EBITDA⁽¹⁾	$ 听听听365	$ 听听听321	$ 听听听397	$ 听听听762	$ 听听听625

See end of press release for footnote explanations

乐天堂fun88(中国区)官方网站 Corporation (NYSE: HUN) today reported second quarter 2012 results with revenues of $2,914 million and adjusted EBITDA of $365 million.听

Peter R. 乐天堂fun88(中国区)官方网站, our President and CEO, commented:

"I am pleased with our second quarter results.听 We experienced a solid second quarter, particularly in the quality of our earnings.听 Net income, adjusted EBITDA, and adjusted diluted income all increased compared to the prior year.

More than 40% of our adjusted EBITDA was derived from our Polyurethanes business, which experienced double digit growth globally for our MDI products.听 Margins in that business improved as well.

We have yet to realize the majority of benefits from our restructuring efforts.听 We expect the annual EBITDA benefit above our current run rate will exceed $150 million when completed by the end of 2013.

We will continue to make every effort possible to drive shareholder value."

Segment Analysis for 2Q12 Compared to 2Q11

Polyurethanes

The increase in revenues in our Polyurethanes division for the three months ended June 30, 2012 compared to the same period in 2011 was due to higher sales volumes partially offset by lower average selling prices.听 MDI sales volumes increased as a result of improved demand in all regions and across most major markets.听 PO/MTBE sales volumes increased due to strong demand.听 PO/MTBE average selling prices decreased primarily in response to lower raw material costs, partially offset by an increase in MDI average selling prices.听 The increase in adjusted EBITDA was primarily due to higher contribution margins and higher sales volumes.

Performance Products

The decrease in revenues in our Performance Products division for the three months ended June 30, 2012 compared to the same period in 2011 was due to lower average selling prices and lower sales volumes.听 Average selling prices decreased primarily in response to lower raw material costs and the strength of the U.S. dollar against major international currencies.听 Sales volumes decreased primarily due to lower demand across most markets and a greater shift to tolling arrangements.听 The decrease in adjusted EBITDA was primarily due to lower contribution margins, most notably in amines, lower sales volumes and the approximate $5 million impact from an unplanned outage at our ethylene oxide facility.

Advanced Materials

The decrease in revenues in our Advanced Materials division for the three months ended June 30, 2012 compared to the same period in 2011 was primarily due to lower average selling prices partially offset by higher sales volumes.听 Average selling prices decreased primarily in response to lower raw material costs, competitive market pressure and the strength of the U.S. dollar against major international currencies.听 Sales volumes increased across most regions, primarily due to strong demand in our base resins business in the Americas and India, while sales volumes in the Asia Pacific region decreased due to lower demand in the wind energy and electrical engineering markets.听 The decrease in adjusted EBITDA was primarily due to lower contribution margins due in part to the change in sales mix from increased base resin sales volumes.听 Lower contribution margins were partially offset by lower selling, general and administrative costs as a result of recent restructuring efforts.

Textile Effects

The decrease in revenues in our Textile Effects division for the three months ended June 30, 2012 compared to the same period in 2011 was primarily due to lower average selling prices partially offset by higher sales volumes.听 Average selling prices decreased primarily due to the strength of the U.S. dollar against major international currencies and sales mix.听 Sales volumes increased due to increased market share in key markets, specifically Asia.听 The increase in adjusted EBITDA was primarily due to higher sales volumes and lower manufacturing costs as a result of recent restructuring efforts.

Pigments

The decrease in revenues in our Pigments division for the three months ended June 30, 2012 compared to the same period in 2011 was due to lower sales volumes partially offset by higher average selling prices.听 Sales volumes decreased primarily due to lower global demand and continued customer destocking, particularly in the Asia Pacific region.听 Average selling prices increased in all regions of the world primarily as a result of higher raw material costs partially offset by the strength of the U.S. dollar against major international currencies.听 The increase in adjusted EBITDA was primarily due to higher contribution margins partially offset by lower sales volumes.

Corporate, LIFO and Other

Adjusted EBITDA from Corporate, LIFO and other increased by $20 million to a loss of $43 million for the three months ended June 30, 2012 compared to a loss of $63 million for the same period in 2011.听 The increase in adjusted EBITDA was primarily the result of a $20 million decrease in LIFO inventory valuation expense ($9 million of income in 2012 compared to $11 million of expense in 2011).

Liquidity, Capital Resources and Outstanding Debt

As of June 30, 2012, we had $1,098 million of combined cash and unused borrowing capacity compared to $1,043 million at December 31, 2011.听 For the three months ended June 30, 2012, our primary net working capital increased by $104 million.

Total capital expenditures for the three months ended June 30, 2012 were $82 million.听 We expect to spend approximately $425 million on capital expenditures in 2012 which approximates our annual depreciation and amortization.

Income Taxes

During the three months ended June 30, 2012 we recorded income tax expense of $65 million.听 Our adjusted effective income tax rate for the three months ended June 30, 2012 was approximately 33%.听 We expect our long term effective income tax rate to be approximately 30 - 35%.听 During the three months ended June 30, 2012, we paid $57 million in cash for income taxes.

Conference Call Information

We will hold a conference call to discuss our second quarter 2012 financial results on Wednesday, August 1, 2012 at 10:00 a.m. ET.

Call-in numbers for the conference call:

U.S. participants	(888) 679 - 8033
International participants听	(617) 213 - 4846
Passcode听	14225591

In order to facilitate the registration process, you may use the following link to pre-register for the conference call. Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator. You may pre-register at any time, including up to and after the call start time. To pre-register, please go to:

Webcast Information

The conference call will be available via webcast and can be accessed from the investor relations portion of the company's website at .

Replay Information

The conference call will be available for replay beginning August 1, 2012 and ending August 8, 2012.

Call-in numbers for the replay:

U.S. participants	(888) 286 - 8010
International participants	(617) 801 - 6888
Replay code	64509445

听

Table 1 -- Results of Operations


	Three months ended		Six months ended
	June 30,		June 30,
In millions, except per share amounts, unaudited	2012	2011	2012	2011

Revenues	$ 听听2,914	$ 听听2,934	$ 听听5,827	$ 听听5,613
Cost of goods sold	2,387	2,433	4,750	4,652
Gross profit	527	501	1,077	961
Operating expenses	272	272	537	563
Restructuring, impairment and plant closing costs	5	9	5	16
Operating income	250	220	535	382
Interest expense, net	(57)	(65)	(116)	(124)
Equity in income of investment in unconsolidated affiliates	1	2	3	4
Loss on early extinguishment of debt	-	-	(1)	(3)
Other income	1	1	1	1
Income before income taxes	195	158	422	260
Income tax expense	(65)	(34)	(125)	(56)
Income from continuing operations	130	124	297	204
Loss from discontinued operations, net of tax⁽²⁾	(2)	(1)	(6)	(15)
Extraordinary gain on the acquisition of a business, net of tax of nil	-	1	-	2
Net income	128	124	291	191
Net income attributable to noncontrolling interests, net of tax	(4)	(10)	(4)	(15)
Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation	$ 听听听124	$ 听听听114	$ 听听听287	$ 听听听176


Adjusted EBITDA⁽¹⁾	$ 听听听365	$ 听听听321	$ 听听听762	$ 听听听625

Adjusted net income⁽¹⁾	$ 听听听139	$ 听听听116	$ 听听听316	$ 听听听226


Basic income per share	$ 听听 0.52	$ 听听 0.48	$ 听听 1.21	$ 听听 0.74
Diluted income per share	$ 听听 0.52	$ 听听 0.47	$ 听听 1.19	$ 听听 0.72
Adjusted diluted income per share⁽¹⁾	$ 听听 0.58	$ 听听 0.48	$ 听听 1.32	$ 听听 0.93

Common share information:
Basic shares outstanding	237.8	239.4	237.2	238.5
Diluted shares	240.5	243.7	240.2	243.2
Diluted shares for adjusted diluted income per share	240.5	243.7	240.2	243.2

See end of press release for footnote explanations

听

Table 2 -- Results of Operations by Segment


	Three months ended			Six months ended
	June 30,		Better /	June 30,		Better /
In millions, unaudited	2012	2011	(Worse)	2012	2011	(Worse)

Segment Revenues:
Polyurethanes	$ 听听1,271	$ 听听1,135	12%	$ 听听2,491	$ 听听2,182	14%
Performance Products	770	896	(14)%	1,577	1,700	(7)%
Advanced Materials	346	360	(4)%	686	710	(3)%
Textile Effects	195	200	(3)%	380	390	(3)%
Pigments	407	424	(4)%	831	788	5%
Eliminations and other	(75)	(81)	7%	(138)	(157)	12%

Total	$ 听听2,914	$ 听听2,934	(1)%	$ 听听5,827	$ 听听5,613	4%

Segment Adjusted EBITDA⁽¹⁾:
Polyurethanes	$ 听听听170	$ 听听听143	19%	$ 听听听347	$ 听听听257	35%
Performance Products	85	102	(17)%	175	217	(19)%
Advanced Materials	24	31	(23)%	56	70	(20)%
Textile Effects	(4)	(7)	43%	(13)	(13)	----
Pigments	133	115	16%	280	202	39%
Corporate, LIFO and other	(43)	(63)	32%	(83)	(108)	23%

Total	$ 听听听365	$ 听听听321	14%	$ 听听听762	$ 听听听625	22%

See end of press release for footnote explanations

听

Table 3 -- Factors Impacting Sales Revenue


	Three months ended
	June 30, 2012 vs. 2011
	Average Selling Price^(a)
	Local	Exchange	Sales Mix	Sales
Unaudited	Currency	Rate	& Other	Volume^(a)	Total

Polyurethanes	(2)%	(3)%	3%	14%	12%
Performance Products	(7)%	(3)%	3%	(7)%	(14)%
Advanced Materials	(4)%	(6)%	(3)%	9%	(4)%
Textile Effects	(3)%	(5)%	---	5%	(3)%
Pigments	26%	(7)%	1%	(24)%	(4)%
Total Company	1%	(4)%	2%	---	(1)%

	Six months ended
	June 30, 2012 vs. 2011
	Average Selling Price^(a)
	Local	Exchange	Sales Mix	Sales
Unaudited	Currency	Rate	& Other	Volume^(a)	Total

Polyurethanes	4%	(2)%	2%	10%	14%
Performance Products	(3)%	(2)%	1%	(3)%	(7)%
Advanced Materials	(3)%	(4)%	(2)%	6%	(3)%
Textile Effects	(2)%	(3)%	(1)%	3%	(3)%
Pigments	30%	(5)%	---	(20)%	5%
Total Company	4%	(3)%	2%	1%	4%

(a) Excludes revenues and sales volumes from tolling, by-products and raw materials

听

Table 4 -- Reconciliation of U.S. GAAP to Non-GAAP Measures


			听Income Tax听		听Net Income (Loss)听		听Diluted Income (Loss)听
	听EBITDA听		听(Expense) Benefit听		听Attrib. to HUN Corp.听		听Per Share听
	Three months ended		Three months ended		Three months ended		Three months ended
	June 30,		June 30,		June 30,		June 30,
In millions, except per share amounts, unaudited	2012	2011	2012	2011	2012	2011	2012	2011

GAAP⁽¹⁾	$ 听听听352	$ 听听听323	$ 听听听(65)	$ 听听听(34)	$ 听听听124	$ 听听听114	$ 听听 0.52	$ 听听 0.47
Adjustments:
Gain on consolidation of a variable interest entity	-	(12)	-	2	-	(10)	-	(0.04)
Restructuring, impairment, plant closing and transition costs	9	9	(2)	(1)	7	8	0.03	0.03
Discount amortization on settlement financing associated with the 听听听听 terminated merger	听N/A听	听N/A听	(3)	(2)	5	5	0.02	0.02
Acquisition expenses	1	3	-	(1)	1	2	-	0.01
Gain on disposition of businesses/assets	-	(3)	-	-	-	(3)	-	(0.01)
Loss from discontinued operations, net of tax⁽²⁾	3	2	听N/A听	听N/A听	2	1	0.01	-
Extraordinary gain on the acquisition of a business, net of tax	-	(1)	听N/A听	听N/A听	-	(1)	-	-

Adjusted⁽¹⁾	$ 听听听365	$ 听听听321	$ 听听听(70)	$ 听听听(36)	$ 听听听139	$ 听听听116	$ 听听 0.58	$ 听听 0.48

Adjusted income tax expense					70	36
Net income attributable to noncontrolling interests, net of tax					4	10

Adjusted pre-tax income⁽¹⁾					$ 听听听213	$ 听听听162

Adjusted effective tax rate					33%	22%


			听Income Tax听		听Net Income (Loss)听		听Diluted Income (Loss)听
	听EBITDA听		(Expense) Benefit		听Attrib. to HUN Corp.听		听Per Share听
	Three months ended		Three months ended		Three months ended		Three months ended
	March 31,		March 31,		March 31,		March 31,
In millions, except per share amounts, unaudited	2012		2012		2012		2012

GAAP⁽¹⁾	$ 听听听390		$ 听听听(60)		$ 听听听163		$ 听听 0.68
Adjustments:
Legal settlements and related expenses	1		-		1		-
Loss on early extinguishment of debt	1		-		1		-
Restructuring, impairment, plant closing and transition costs	4		(1)		3		0.01
Discount amortization on settlement financing associated with the 听听听听 terminated merger	听N/A听		(2)		5		0.02
Loss from discontinued operations, net of tax⁽²⁾	1		听N/A听		4		0.02

Adjusted⁽¹⁾	$ 听听听397		$ 听听听(63)		$ 听听听177		$ 听听 0.74

Adjusted income tax expense					63

Adjusted pre-tax income⁽¹⁾					$ 听听听240

Adjusted effective tax rate					26%


			听Income Tax听		听Net Income (Loss)听		听Diluted Income (Loss)听
	听EBITDA听		听(Expense) Benefit听		听Attrib. to HUN Corp.听		听Per Share听
	Six months ended		Six months ended		Six months ended		Six months ended
	June 30,		June 30,		June 30,		June 30,
In millions, except per share amounts, unaudited	2012	2011	2012	2011	2012	2011	2012	2011

GAAP⁽¹⁾	$ 听听听742	$ 听听听562	$ 听听 (125)	$ 听听听(56)	$ 听听听287	$ 听听听176	$ 听听 1.19	$ 听听 0.72
Adjustments:
Legal settlements and related expenses	1	34	-	(13)	1	21	-	0.09
Loss on early extinguishment of debt	1	3	-	(1)	1	2	-	0.01
Gain on consolidation of a variable interest entity	-	(12)	-	2	-	(10)	-	(0.04)
Restructuring, impairment, plant closing and transition costs	13	16	(3)	(1)	10	15	0.04	0.06
Discount amortization on settlement financing associated with the 听听听听 terminated merger	听N/A听	听N/A听	(5)	(5)	10	9	0.04	0.04
Acquisition expenses	1	4	-	(1)	1	3	-	0.01
Gain on disposition of businesses/assets	-	(3)	-	-	-	(3)	-	(0.01)
Loss from discontinued operations, net of tax⁽²⁾	4	23	听N/A听	听N/A听	6	15	0.02	0.06
Extraordinary gain on the acquisition of a business, net of tax	-	(2)	听N/A听	听N/A听	-	(2)	-	(0.01)

Adjusted⁽¹⁾	$ 听听听762	$ 听听听625	$ 听听 (133)	$ 听听听(75)	$ 听听听316	$ 听听听226	$ 听听 1.32	$ 听听 0.93

Adjusted income tax expense					133	75
Net income attributable to noncontrolling interests, net of tax					4	15

Adjusted pre-tax income⁽¹⁾					$ 听听听453	$ 听听听316

Adjusted effective tax rate					29%	24%

See end of press release for footnote explanations

听

Table 5 -- Reconciliation of Net Income (Loss) to EBITDA


	Three months ended			听Six months ended听
	June 30,		March 31,	听June 30,听
In millions, unaudited	2012	2011	2012	2012	2011

Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation	$ 听听听124	$ 听听听114	$ 听听听163	$ 听听听287	$ 听听听176
Interest expense, net	57	65	59	116	124
Income tax expense from continuing operations	65	34	60	125	56
Income tax benefit from discontinued operations⁽²⁾	(1)	(1)	(1)	(2)	(8)
Depreciation and amortization of continuing operations	107	111	105	212	214
Depreciation and amortization of discontinued operations⁽²⁾	-	-	4	4	-

EBITDA⁽¹⁾	$ 听听听352	$ 听听听323	$ 听听听390	$ 听听听742	$ 听听听562

See end of press release for footnote explanations

听

Table 6 -- Selected Balance Sheet Items


	June 30,	March 31,	December 31,
In millions	2012	2012	2011
	(unaudited)	(unaudited)

Cash	$ 听听听听听听461	$ 听听听听听听478	$ 听听听听听听562
Accounts and notes receivable, net	1,677	1,801	1,529
Inventories	1,645	1,638	1,539
Other current assets	326	292	316
Property, plant and equipment, net	3,536	3,648	3,622
Other assets	1,084	1,096	1,089

Total assets	$ 听听听听 8,729	$ 听听听听 8,953	$ 听听听听 8,657

Accounts payable	$ 听听听听听听976	$ 听听听听 1,089	$ 听听听听听听862
Other current liabilities	729	704	752
Current portion of debt	143	193	212
Long-term debt	3,601	3,628	3,730
Other liabilities	1,274	1,319	1,325
Total equity	2,006	2,020	1,776

Total liabilities and equity	$ 听听听听 8,729	$ 听听听听 8,953	$ 听听听听 8,657

听

Table 7 -- Outstanding Debt


	June 30,	March 31,	December 31,
In millions	2012	2012	2011
	(unaudited)	(unaudited)

Debt:
Senior credit facilities	$ 听听听听 1,686	$ 听听听听 1,698	$ 听听听听 1,696
Accounts receivable programs	232	242	237
Senior notes	483	478	472
Senior subordinated notes	893	893	976
Variable interest entities	271	279	281
Other debt	179	231	280

Total debt - excluding affiliates	3,744	3,821	3,942

Total cash	461	478	562

Net debt- excluding affiliates	$ 听听听听 3,283	$ 听听听听 3,343	$ 听听听听 3,380

听

Table 8 -- Summarized Statement of Cash Flows


	Three months ended	Six months ended
	June 30,	June 30,
In millions, unaudited	2012	2012	2011

Total cash at beginning of period	$ 听听听听听听听听 478	$ 听听听562	$ 听听听973

Net cash provided by operating activities	158	348	1
Net cash used in investing activities	(76)	(185)	(111)
Net cash used in financing activities	(88)	(264)	(178)
Effect of exchange rate changes on cash	(5)	(1)	5
Change in restricted cash	(6)	1	-

Total cash at end of period	$ 听听听听听听听听 461	$ 听听听461	$ 听听听690

Supplemental cash flow information:
Cash paid for interest	$ 听听听听听听听听听(24)	$ 听听 (106)	$ 听听 (108)
Cash paid for income taxes	$ 听听听听听听听听听(57)	$ 听听听 (70)	$ 听听听 (35)
Cash paid for capital expenditures	$ 听听听听听听听听听(82)	$ 听听 (163)	$ 听听 (124)
Depreciation & amortization	$ 听听听听听听听听 107	$ 听听听216	$ 听听听214

Changes in primary working capital:
Accounts and notes receivable	$ 听听听听听听听听听 56	$ 听听 (183)	$ 听听 (325)
Inventories	(74)	(139)	(270)
Accounts payable	(86)	100	200
Total (use) / source	$ 听听听听听听听听(104)	$ 听听 (222)	$ 听听 (395)

听


Footnotes

(1)	We use EBITDA and adjusted EBITDA to measure the operating performance of our business. We provide adjusted net income because we feel it provides meaningful insight for the investment community into the performance of our business.听 We believe that net income (loss) attributable to 乐天堂fun88(中国区)官方网站 Corporation is the performance measure calculated and presented in accordance with generally accepted accounting principles in the U.S. ("GAAP") that is most directly comparable to EBITDA, adjusted EBITDA and adjusted net income. 听Additional information with respect to our use of each of these financial measures follows:

	EBITDA is defined as net income (loss) attributable to 乐天堂fun88(中国区)官方网站 Corporation before interest, income taxes, and depreciation and amortization. EBITDA as used herein is not necessarily comparable to other similarly titled measures of other companies. The reconciliation of EBITDA to net income (loss) attributable to 乐天堂fun88(中国区)官方网站 Corporation is set forth in Table 5 above.

	Adjusted EBITDA is computed by eliminating the following from EBITDA: EBITDA from discontinued operations; restructuring, impairment, plant closing and transition costs (credits); income and expense associated with the terminated merger and related litigation; acquisition expenses; certain legal settlements and related expenses; loss on early extinguishment of debt; gain on consolidation of a variable interest entity; extraordinary (gain) loss on the acquisition of a business; and loss (gain) on disposition of businesses/assets.听 The reconciliation of adjusted EBITDA to EBITDA is set forth in Table 4 above.

	Adjusted net income (loss) is computed by eliminating the after tax impact of the following items from net income (loss) attributable to 乐天堂fun88(中国区)官方网站 Corporation: loss (income) from discontinued operations; restructuring, impairment, plant closing and transition costs (credits); income and expense associated with the terminated merger and related litigation; discount amortization on settlement financing associated with the terminated merger; acquisition expenses; certain legal settlements and related expenses; loss on early extinguishment of debt; gain on consolidation of a variable interest entity; extraordinary (gain) loss on the acquisition of a business; and loss (gain) on disposition of businesses/assets. 听We do not adjust for changes in tax valuation allowances because we do not believe it provides more meaningful information than is provided under GAAP.听 The reconciliation of adjusted net income (loss) to net income (loss) attributable to 乐天堂fun88(中国区)官方网站 Corporation common stockholders is set forth in Table 4 above.

(2)	During the first quarter 2010 we closed our Australian styrenics operations, results from this business are treated as discontinued operations.

听

About 乐天堂fun88(中国区)官方网站:

乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated chemicals. Our operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about 乐天堂fun88(中国区)官方网站, please visit the company's website at .

Forward-Looking Statements:

Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the 乐天堂fun88(中国区)官方网站 companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors.听 The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

听

SOURCE 乐天堂fun88(中国区)官方网站 Corporation

Released August 1, 2012

乐天堂fun88(中国区)官方网站

News Releases

News Releases