09:10     NANDASOFT<08045> - Yearly Results Announcement (1)                  

                                                                              
    Jiangsu NandaSoft Company Limited announced on 24/03/2005:                
    (stock code: 08045 )                                                      
                                                                              
    Year end date                         :31/12/2004                         
    Currency                              :RMB                                
    Auditors' report                      :Unqualified                        
                                                                              
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (* Audited)       (* Audited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2004   from 01/01/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                     $'000             $'000  
                                                                              
    Turnover                              :        384,497           376,607  
    Profit/(Loss) from Operations         :         15,196            13,808  
    Finance cost                          :          (499)             (135)  
    Share of Profit/(Loss) of Associates  :            134               633  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :         12,039            11,742  
    % Change Over the Last Period         :          +2.53%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :     RMB 0.0129        RMB 0.0126  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        12,039            11,742   
    Final Dividends per Share             :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for Annual General Meeting  : 27/04/2005   to 27/05/2005   bdi. 
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    Jiangsu NandaSoft Company Limited                                         
                                                                              
    Signature :                                                               
    Name      : Tong Sze Wan                                                  
    Title     : Company Secretary                                             
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1.  Basis of presentation                                                 
                                                                              
    The Company was established in the People's Republic of China             
    (the "PRC") under the Company Law of PRC as a joint stock limited         
    company on 30 December 1999.  The Company's predecessor, Jiangsu          
    NandaSoft Limited Liability Company (the "Predecessor") was established   
    on 18 September 1998.  By way of transformation of the Predessor          
    (the "Transformation"), the Company was established on 30 December 1999.  
    Upon its establishment, the Company assumed the subsidiary of the         
    Predecessor, Nanjiang NandaSoft System Integration Company Limited        
    which is engaged in the sale of computer hardware and equipment, and      
    continued to develop, manufacture and market network security software,   
    internet application software, education software and business            
    application software, and provides systems integration services which     
    include the provision of information technology consulting and sales      
    of computer hardware products and equipment.                              
                                                                              
    The shares of the Company were listed on the Growth Enterprise Market     
    (the "GEM") of The Stock Exchange of Hong Kong Limited on 24 April 2001.  
    Details of the Transformation are set out in the prospectus issued by     
    the Company dated 19 April 2001.