09:08     START TECH<00706> - Announcement (4)                                

    "Listing Rules" the Rules Governing the Listing of                        
    Securities on the Stock Exchange                                          
                                                                              
    "PRC"   the People's Republic of China                                    
                                                                              
    "RMB"   Renminbi yuan, the lawful currency of the PRC                     
                                                                              
    "Software Company"                                                        
    (Start Technology (Fujian) Software Systems Group                         
    Company Limited), a wholly foreign-owned enterprise                       
    established in the PRC                                                    
                                                                              
    "Star Gain"     Star Gain Holdings Limited, a limited                     
    company incorporated in the BVI and a substantial                         
    shareholder of Software Company, holding 12.2%                            
    interests of Software Company immediately before the                      
    Acquisition                                                               
                                                                              
    "Stepping Stones"       Stepping Stones Limited, a                        
    limited company incorporated in the BVI and an                            
    indirect wholly owned subsidiary of the Company                           
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited                                                                   
                                                                              
    "%"     per cent.                                                         
                                                                              
    In this announcement, for purpose of illustration                         
    only, amounts quoted in RMB have been converted into                      
    HK dollars at the rate of RMB1.06 to HK$1.00. Such                        
    exchange rate has been used, where applicable, for                        
    purposes of illustration only and does not constitute                     
    a representation that any amounts were or may have                        
    been exchanged at this or any other rates or at all.                      
                                                                              
    As at the date of this announcement, the Directors                        
    are as follows:                                                           
                                                                              
    Executive Directors     Sze Wai, Marco, Chu Chi Shing,                    
    Wang Qing and Gu Peijian                                                  
                                                                              
    Independent non-executive Directors     Wong Po Yan,                      
    Mao Zhenhua and Chong Yiu Kan, Sherman                                    
                                                                              
    By order of the board of directors of                                     
    Start Technology Company Limited                                          
    Sze Wai, Marco                                                            
    Chairman                                                                  
                                                                              
    Hong Kong, 21 February 2005