CREATIVE ANNOUNCES Q1 FY08 FINANCIAL RESULTS

Revenues for the first quarter = $184.6 million
Net income for the first quarter = $1.3 million
Net investment gain = $4.4 million
*All figures in US dollars

Creative also released two key product this quarter, namely the Creative ZEN MP3 player and the premium Aurvana X-Fi Noise-Canceling Headphones.

“As we look into 2008, we are preparing to unveil innovative new products which will create new markets, propelling Creative to the next stage of its development,” said Sim Wong Hoo, Chairman and CEO of Creative.

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