10:06     TOM GROUP<02383> - Announcement (1)                                 

    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)                                                        
                                                                              
    DEFERRAL OF LONG STOP DATE                                                
                                                                              
    OF                                                                        
                                                                              
    DISCLOSEABLE TRANSACTIONS                                                 
                                                                              
    (1) Proposed establishment of the Jinzhao Joint Venture                   
    in Chongqing, the People's Republic of China                              
    which will be engaged in the advertising business                         
    and                                                                       
    Proposed grant of the put and call options                                
                                                                              
    AND                                                                       
                                                                              
    (2) Proposed establishment of the Lineland Joint Venture                  
    in Wuhan, the People's Republic of China                                  
    which will be engaged in the advertising business                         
    and                                                                       
    Proposed grant of the put and call options                                
                                                                              
    The Board announces that the parties to the Jinzhao                       
    Agreement have agreed that the Jinzhao Long Stop Date will                
    be deferred and the Jinzhao Agreement is conditional upon                 
    the fulfilment or waiver by TOM Outdoor Media of the                      
    relevant conditions precedent within 5 months after the                   
    date of the Jinzhao Agreement (i.e. on or before 15 May 2005)             
    (or other date as the parties may agree).                                 
                                                                              
    In addition, the parties to the Lineland Agreement have                   
    agreed that the Lineland Long Stop Date will be deferred                  
    and the Lineland Agreement is conditional upon the                        
    fulfilment or waiver by TOM Outdoor Media of the relevant                 
    conditions precedent within 5 months after the date of the                
    Lineland Agreement (i.e. on or before 15 May 2005) (or other              
    date as the parties may agree).                                           
                                                                              
    DEFERRAL OF LONG STOP DATE                                                
    Reference is made to the circular of TOM Group Limited (the               
    "Company") dated 5 January 2005 (the "Circular") in respect               
    of the establishment of the Jinzhao Joint Venture and the                 
    Lineland Joint Venture. Capitalised terms used herein shall               
    have the same meanings as those defined in the Circular.                  
                                                                              
    Jinzhao Joint Venture                                                     
    As disclosed in the Circular, the Jinzhao Agreement is                    
    conditional upon the fulfilment or waiver by TOM Outdoor                  
    Media of the relevant conditions precedent within 90 days                 
    after the date of the Jinzhao Agreement (i.e. on or before                
    15 March 2005) ("Jinzhao Long Stop Date") (or other date                  
    as the parties may agree).                                                
                                                                              
    As extra time is required for the conditions precedent to                 
    be fulfilled (including more time is required to conduct                  
    the due diligences by TOM Outdoor Media (and in connection                
    thereto the issue of the PRC legal opinion) so as to confirm              
    that there is no material adverse change in the business                  
    operation of Jinzhao), the parties to the Jinzhao Agreement               
    have agreed that the Jinzhao Long Stop Date will be deferred              
    and the Jinzhao Agreement is conditional upon the                         
    fulfilment or waiver by TOM Outdoor Media of the relevant                 
    conditions precedent within 5 months after the date of the                
    Jinzhao Agreement (i.e. on or before 15 May 2005) ("Jinzhao               
    Deferred Long Stop Date") (or other date as the parties may               
    agree).                                                                   
                                                                              
    Further announcement will be made should there be any                     
    further changes to the Jinzhao Deferred Long Stop Date.                   
                                                                              
    Lineland Joint Venture                                                    
    As disclosed in the Circular, the Lineland Agreement is                   
    conditional upon the fulfilment or waiver by TOM Outdoor                  
    Media of the relevant conditions precedent within 90 days                 
    after the date of the Lineland Agreement (i.e. on or before               
    15 March 2005) ("Lineland Long Stop Date") (or other date                 
    as the parties may agree).