09:40     AUTOMATED SYS<00771> - Announcement (3)                             

    CSC Group will, from time to time, enter into                             
    outsourcing or other IT service contracts with global                     
    or regional customers who have presence in the Asia                       
    Pacific region in connection with the provision of                        
    IT services. The Group may participate in such                            
    transactions by providing local or regional support                       
    to CSC and/or its customers. The Board is of the view                     
    that the CSC Purchase Transactions and the CSC Sales                      
    Transactions can (i) broaden the customer base of the                     
    Group; and (ii) enable the utilisation of the                             
    resources, technical expertise and technological                          
    know-how of the Group and the CSC Group on a sharing                      
    basis to provide quality products and services to                         
    their customers.                                                          
                                                                              
    The Directors (including the independent                                  
    non-executive Directors) consider that the                                
    Continuing Connected Transactions have been and will                      
    be entered into in the ordinary and usual course of                       
    business of the Group, on normal commercial terms and                     
    have been or will be negotiated on an arm's length                        
    basis. The Directors are of the view that the terms                       
    of the Continuing Connected Transactions are fair and                     
    reasonable and in the interests of the Company and                        
    its shareholders as a whole.                                              
                                                                              
    GENERAL                                                                   
    The annual cap under the Old Waiver was the higher                        
    of (i) HK$10 million or (ii) 3% of the consolidated                       
    net tangible assets value of the Group. For the                           
    purposes of providing information to shareholders and                     
    investors of the Company, the Board announces that                        
    the aggregate annual value of the Continuing Connected                    
    Transactions for the ten months ended 31 January 2005                     
    is approximately HK$7,976,000.00 and does not exceed                      
    the annual cap under the Old Waiver.                                      
                                                                              
    The Group is principally engaged in the business of                       
    information technology, providing systems                                 
    integration, IT infrastructure, software and                              
    consulting services, engineering support for                              
    products and solutions, managed services as well as                       
    supply of IT and associated products in Hong Kong,                        
    Macau, Taiwan and Thailand.                                               
                                                                              
    CSA Group is principally engaged in the business of                       
    providing information technology services, systems                        
    integration and consulting, customer services and                         
    support and outsourcing in Asia.                                          
                                                                              
    CSC Group is principally engaged in the business of                       
    information technology outsourcing and IT and                             
    professional services for customers in the global                         
    commercial and the United States markets.                                 
                                                                              
    DEFINITIONS                                                               
    "Board"   the board of the Directors                                      
                                                                              
    "Company"   Automated Systems Holdings Limited, a                         
    limited liability company incorporated in Bermuda,                        
    with its shares listed on the Stock Exchange                              
                                                                              
    "connected person(s)"   has the same meaning as                           
    defined in the Listing Rules                                              
                                                                              
    "Continuing Connected Transactions"   the CSA                             
    Purchase Transactions, the CSA Sales Transactions,                        
    the CSC Purchase Transactions and the CSC Sales                           
    Transactions                                                              
                                                                              
    "CSA"   CSA Holdings Ltd, the immediate holding                           
    company of the Company, the securities of which are                       
    listed on Singapore Exchange Limited                                      
                                                                              
    "CSA Group"   CSA and its subsidiaries (excluding the                     
    Group)                                                                    
                                                                              
    "CSA Purchase Transactions"   the Services and                            
    Products provided by CSA Group to the Group                               
                                                                              
    "CSA Sales Transactions"   the Services and Products                      
    provided by the Group to CSA Group                                        
                                                                              
    "CSC"   Computer Sciences Corporation, the ultimate                       
    holding company of CSA and the Company, the securities                    
    of which are listed on the New York Stock Exchange                        
                                                                              
    "CSC Group"   CSC and its subsidiaries (excluding the                     
    Group and CSA Group)