09:17     SINOCOM SOFT<00299> - Results Announcement                          

    SinoCom Software Group Limited announced on 30/03/2005:                   
    (stock code: 00299 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ($         )       ($         )      
    Turnover                           : 178,308,678        114,533,092       
    Profit/(Loss) from Operations      : 61,940,481         38,076,015        
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 55,366,818         33,851,694        
    % Change over Last Period          : +63.6     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.23               0.17              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 55,366,818         33,851,694        
    Final Dividend                     : 10 cents           N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 09/05/2005         to 12/05/2005 bdi.
    Payable Date                       : 20/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 09/05/2005         to 12/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      Listing Date and Basis of Presentation of Results                 
                                                                              
    The Company's shares were listed on the Main Board of The Stock Exchange  
    of Hong Kong Limited on 30 April 2004.  The consolidated financial        
    statements have been prepared under the historical convention and in      
    accordance with accounting principles generally accepted in Hong Kong.    
                                                                              
    2.      Earnings Per Share                                                
                                                                              
    The calculation of the basic earnings per share is based on the profit for
    the year of HK$55,366,818 (2003:HK$33,851,694) and the weighted average   
    number of 244,091,990 (2003:195,762,219) shares in issue during the year. 
                                                                              
    No diluted earnings per share has been presented because the Company has  
    no outstanding potential ordinary shares during the year or as at the     
    balance sheet date.                                                       
                                                                              
    3.      Dividend per Share                                                
                                                                              
    Dividend per Share for the last corresponding period from 1/1/2003 to 31/ 
    12/2003 is not stated for comparison because the Company was listed after 
    the corresponding period and the dividends distributed prior to listing   
    was to the then existing shareholders of the Company.                     
                                                                              
    For more details, please refer to the press announcement today.