Melco International Development Ltd. provided earnings guidance for the year ended December 31, 2012. For the year, the company's net profit is expected to be approximately four times of that for the year ended 31 December 2011. The substantial increase in net profit for the year ended 31 December 2012 as compared to a net profit of around HKD 281.4 million for the year ended 31 December 2011 is primarily attributable to the significantly improved operating results of its key listed associate, Melco Crown Entertainment, based on its announced unaudited results for the full year ended 31 December 2012.