09:25     NEW WORLD CYBER<00276> - Announcement (3)                           

            37,715,767                8.63                                    
    Concert Parties of Golden Infinity:                                       
      NWCBN        4,473,000                1.54                              
    4,473,000                1.03                                             
      Mr. Lau Wai Piu, an independent                                         
        non-executive Director        1,200                0.00               
            1,200                0.00                                         
                                                                              
                                                                              
    Sub-total of Golden Infinity and                                          
      its Concert Parties        28,538,045                9.80               
            42,189,967                9.66                                    
    Public Shareholders        262,710,013                90.20               
            394,682,120                90.34                                  
                                                                              
                                                                              
    Total        291,248,058                100.00                            
    436,872,087                100.00                                         
                                                                              
                                                                              
    DESPATCH OF CERTIFICATES FOR RIGHTS SHARES AND                            
    COMMENCEMENT OF DEALINGS OF RIGHTS SHARES IN FULLY-PAID FORM              
    It is expected that the share certificates of the Rights                  
    Shares will be despatched to the address (as shown on the                 
    register of members of the Company) of those persons who                  
    have accepted or applied for and paid for the Rights Shares               
    by ordinary post on or before Wednesday, 9 March 2005 at                  
    their own risk. Dealings in the Rights Shares on the Stock                
    Exchange, in their fully-paid form, are expected to commence              
    at 9:30 a.m. on Friday, 11 March 2005.                                    
                                                                              
    ADJUSTMENTS TO THE EXERCISE PRICE OF AND THE NUMBER OF                    
    SHARES TO BE ISSUED UNDER THE SHARE OPTIONS                               
    Pursuant to the provisions of the share option scheme                     
    adopted by the Company on 22 September 2000, adjustments are              
    required to be made to the exercise price and the number of               
    Shares falling to be issued upon full exercise of the                     
    outstanding Share Options as a result of the issue of the                 
    Rights Shares.                                                            
                                                                              
    Based on the written confirmation from the auditors of the                
    Company, the exercise price of the outstanding Share Options              
    held by the holders of the Share Options as at the Record                 
    Date has been adjusted from HK$1.04 per Share to HK$0.6933                
    per Share, and the number of Shares falling to be issued                  
    upon full exercise of the outstanding Share Options held by               
    the holders of the Share Options as at the Record Date has                
    been adjusted from 2,052,600 Shares to 3,078,900 Shares.                  
    Separate notification regarding the adjustments will be sent              
    to the holders of the Share Options.                                      
                                                                              
    By Order of the Board                                                     
    New World CyberBase Limited                                               
    Lo Lin Shing, Simon                                                       
    Chairman                                                                  
                                                                              
    Hong Kong, 8 March 2005                                                   
                                                                              
    As at the date hereof, the Board comprises six Directors, of              
    which Mr. Lo Lin Shing, Simon and Ms. Yvette Ong are                      
    executive Directors, Mr. To Hin Tsun, Gerald is a                         
    non-executive Director and Mr. Peter Pun, Mr. Wei Chi Kuan,               
    Kenny and Mr. Lau Wai Piu are independent non-executive                   
    Directors.