09:08     CARDLINK TECH<08066> - Unusual price & volume movements             

                                                                              
    This announcement is made at the request of The Stock Exchange of Hong    
    Kong Limited. The Stock Exchange of Hong Kong Limited takes no            
    responsibility for the content 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.                                                             
                                                                              
    CARDLINK TECHNOLOGY GROUP LIMITED                                         
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 8066)                                                        
                                                                              
    ANNOUNCEMENT                                                              
    UNUSUAL PRICE MOVEMENT AND TRADING VOLUME                                 
                                                                              
    The board of directors (the "Board") of Cardlink Technology Group         
    Limited (the "Company") has noted the recent increase in the price and    
    trading volume of the shares of the Company, and wishes to state that     
    we are not aware of any reasons for such increases.                       
                                                                              
    The Board also confirms that there are no negotiations or agreements      
    relating to intended acquisitions or realizations which are               
    discloseable under Chapters 19 and 20 of the Rules Governing the          
    Listing of Securities on Growth Enterprise Market ("GEM Listing           
    Rules"), neither is 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 which collectively and   
    individually accept responsibility for the accuracy of this               
    announcement.                                                             
                                                                              
    By Order of the Board of                                                  
    Cardlink Technology Group Limited                                         
    Wong Hon Sing                                                             
    Director                                                                  
                                                                              
    Hong Kong, 18 April 2005                                                  
                                                                              
    As at the date of this announcement, the Board comprises four executive   
    Directors, Mr. Wong Chi Ming (Chairman), Mr. Fung Wing Mou, Bernard,      
    Mr. Ho Lut Wa, Anton and Mr. Wong Hon Sing, and three independent         
    non-executive Directors, Ms. Wong Ka Wai, Jeanne, Mr. Leung Ka Kui,       
    Johnny and Mr. Wong Wai Kwong, David.                                     
                                                                              
    This announcement, for which the directors of the Company 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 for the purpose of         
    giving information with regard to the Company. 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 aspects 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 GEM website at www.hkgem.com on      
    the "Latest Company Announcements" page for at least 7 days from the      
    date of its posting.