The board of directors of ConvergeNet Holdings Limited announced that the expected increase in the loss per share for the six months ended 28 February 2013 will be approximately between 190% and 195% compared to the loss per share for the comparable period ended 29 February 2012, but the decline in headline loss per share for the six months ended 28 February 2013 will be approximately between 25% and 30% compared to the loss per share for the comparable period ended 29 February 2012.