08:49     TOM ONLINE<08282> - Announcement (1)                                

                                                                              
    This announcement appears for information purposes only                   
    and does not constitute an invitation or offer to acquire,                
    purchase or subscribe for securities.                                     
                                                                              
    The Stock Exchange of Hong Kong Limited takes no                          
    responsibility for the contents of this                                   
    announcement, makes no representation as to its                           
    accuracy or completeness and expressly disclaims                          
    any liability whatsoever for any loss howsoever                           
    arising from or in reliance upon the whole or any                         
    part of the contents of this announcement.                                
                                                                              
    TOM Group Limited                                                         
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 2383)                                                        
    DISCLOSEABLE TRANSACTION                                                  
                                                                              
    TOM Online Inc.                                                           
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 8282)                                                        
    SHARE TRANSACTION                                                         
                                                                              
    JOINT ANNOUNCEMENT                                                        
                                                                              
    DEFERRAL OF SUBSCRIPTION COMPLETION                                       
                                                                              
    in relation to                                                            
    Proposed acquisition of approximately 80.6%                               
    of the issued share capital of Indiagames Limited                         
                                                                              
    The Board is pleased to announce that the Sale Completion                 
    took place on 24 February 2005.                                           
                                                                              
    As extra time is required for completing the process of the               
    subscription, issue and allotment of the Subscription Shares              
    in India, the Board announces that the Subscription Completion            
    will be deferred and will take place on or before 31 March 2005.          
                                                                              
    By Order of the Board                                                     
    TOM GROUP LIMITED                                                         
    Angela Mak                                                                
    Company Secretary                                                         
                                                                              
    By Order of the Board                                                     
    TOM ONLINE INC.                                                           
    Angela Mak                                                                
    Company Secretary                                                         
                                                                              
    Hong Kong, 24 February 2005                                               
                                                                              
    As at the date hereof, the directors of TOM are:                          
                                                                              
    Executive Directors:                                                      
    Mr. Sing Wang                                                             
    Ms. Tommei Tong                                                           
                                                                              
    Non-executive Directors:                                                  
    Mr. Frank Sixt (Chairman)                                                 
    Ms. Debbie Chang                                                          
    Mrs. Susan Chow                                                           
    Mr. Edmond Ip                                                             
    Mrs. Angelina Lee                                                         
    Mr. Holger Kluge                                                          
    Mr. Wang Lei Lei                                                          
                                                                              
    Independent non-executive Directors:                                      
    Mr. Henry Cheong                                                          
    Ms. Anna Wu                                                               
    Mr. James Sha