08:59 SYSCAN TECH<08083> - Unusual price & volume movements 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. SYSCAN Technology Holdings Limited (Incorporated in Bermuda with limited liability) (Stock Code: 8083) ANNOUNCEMENT This announcement is made at the request of The Stock Exchange of Hong Kong Limited. We have noted the recent decrease in the price and increase in trading volume of the shares of SYSCAN Technology Holdings Limited (the "Company") and wish to state that we are not aware of any reasons for such movements save for the results announced yesterday. We wish to confirm that there are no negotiations or agreements relating to intend acquisitions or realizations which are discloseable under Chapters 19 and 20 of the GEM Listing Rules, neither is the board of directors of the Company (the "Board") aware of any matter discloseable under the general obligation imposed by Rule 17.10 of the GEM Listing Rules, which is or may be of a price sensitive nature. Made by the order of the Board, the directors of the Company collectively and individually accept responsibility for the accuracy of this announcement. By Order of the Board SYSCAN Technology Holdings Limited Cheung Wai Chairman Hong Kong, 30 March 2005 As at the date of this announcement, the Executive Directors are Mr Cheung Wai, Mr Chan Man Ching and Dr. Zhang Fu; and Independent Non-executive Directors are Mr Lo Wai Ming, Mr Fong Chi Wah and Mr Jin Qingjun. This announcement, for which the directors of SYSCAN Technology Holdings Limited collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to SYSCAN Technology Holdings Limited. The directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: 1. the information contained in this announcement is accurate and complete in all material respects and not misleading; 2. there are no other matters the omission of which would make any statement in this announcement misleading; and 3. all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable. This announcement will remain on the "Latest Company Announcements" page of the GEM website for at least 7 days from the date of its posting and on the Company's website at www.syscangroup.com.