10:34     I.T LIMITED<00999> - Announcement (6)                               

    If you have applied for the Hong Kong Offer Shares on a YELLOW            
    application form and your application is wholly or partially              
    successful, your Share certificate will be issued in the name of          
    HKSCC Nominees and deposited into CCASS for credit to your CCASS          
    investor participant stock account or the stock account of your           
    designated CCASS participant as instructed by you in the application      
    form, at the close of business on 3 March 2005 or, under certain          
    contingent situations, on any other date as shall be determined by        
    HKSCC or HKSCC Nominees. You should check the number of Hong Kong         
    Offer Shares allotted to you with your designated CCASS participant       
    if you are applying through a designated CCASS participant, or in         
    the announcement to be published by the Company on 3 March 2005 if        
    you are applying as a CCASS investor participant. You should report       
    any discrepancies to HKSCC before 5:00 p.m. on 3 March 2005 or such       
    other date as shall be determined by HKSCC or HKSCC Nominees.             
    Immediately after the credit of the Hong Kong Offer Shares to your        
    stock account, CCASS investor participants can check your new             
    account balance via the CCASS Phone System and CCASS Internet System      
    (under the procedures contained in HKSCC's ``An Operating Guide for       
    Investor Participants'' in effect from time to time). HKSCC will also     
    make available to you an activity statement showing the number of         
    Hong Kong Offer Shares credited to your stock account.                    
                                                                              
    If your application is wholly or partially unsuccessful, the Company      
    will refund (in whole or in part, as applicable) application money,       
    brokerage fee, the SFC transaction levy, the Stock Exchange trading       
    fee and the investor compensation levy to you WITHOUT INTEREST. For       
    applicants using WHITE or YELLOW application forms, all refunds will      
    be made by a cheque crossed ``Account payee only'' and made out to        
    you or, if you are joint applicants, to the first-named applicant         
    on your application forms on the terms set out under ``Refund of your     
    money'' on the application forms. The refund cheque will be sent to       
    the address on your application forms or if you are joint applicants,     
    to the address of the first-named applicant on your application form      
    by ordinary post and at your own risk on 3 March 2005. Verification       
    of your Hong Kong Identity Card number or passport number may be          
    required prior to encashment of your refund cheque.                       
                                                                              
    Where applicants have applied for Hong Kong Offer Shares using a PINK     
    application form, and the application is wholly or partially              
    unsuccessful, the share certificate(s) and/or refund cheque(s) (if        
    any) will be sent to the applicant's address on the application form      
    on the date of despatch, which is expected to be on 3 March 2005,         
    by ordinary post and at their own risk. As at the date of this            
    announcement (a) the executive directors of the Company are Mr Sham       
    Kar Wai, Mr Sham Kin Wai and Mr Chan Wai Mo, Alva; (b) the                
    non-executive director of the Company is Dr Yeung Chun Kam, Charles,      
    and (c) the independent non-executive directors of the Company are        
    Mr Chan Mo Po, Paul, Dr Lo Wing Yan, William and Mr Wong Wai Ming.        
                                                                              
    By Order of the Board                                                     
    I.T Limited                                                               
    Sham Kar Wai                                                              
    Chief Executive Officer                                                   
                                                                              
    Hong Kong, 22 February 2005