09:11     INFOSERVE TECH<08077> - Announcement                                

                                                                              
    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.                                                     
                                                                              
    Infoserve Technology Corp.                                                
    (incorporated in the Cayman Islands with limited                          
    liability)                                                                
    (Stock code: 8077)                                                        
                                                                              
    CANCELLATION OF THE LISTING OF THE COMPANY'S                              
    SECURITIES                                                                
                                                                              
    The Stock Exchange of Hong Kong notified the Company                      
    that on the expiry of the 6-month period specified                        
    for the Company to take remedial action (i.e. 9th                         
    March 2005), the Company has not submitted a valid                        
    resumption proposal as required. The Stock Exchange                       
    of Hong Kong also notified the Company that the Growth                    
    Enterprise Market Listing Committee, at its meeting                       
    held on 17th March 2005, approved the cancellation                        
    of the listing of the Company with immediate effect                       
    in accordance with Rule 9.14 of the GEM Listing Rules.                    
                                                                              
    The Company received notices on 18th March 2005 and                       
    29th April 2005 respectively from the Stock Exchange                      
    of Hong Kong pursuant to Rule 9.16 of the Growth                          
    Enterprise Market Listing Rules that the last day of                      
    the listing of the Company's securities will be on                        
    Thursday, 5th May 2005 and the listing of the                             
    Company's securities cancelled with effect from 9:30                      
    a.m. on Friday, on 6th May 2005.                                          
                                                                              
    Shareholders of the Company who have any queries about                    
    the implications of the delisting should seek                             
    professional advice.                                                      
                                                                              
    By order of the board                                                     
    Infoserve Technology Corp.                                                
    Yu Shu Kuen                                                               
    Chairman                                                                  
                                                                              
    Hong Kong, 4th May 2005                                                   
                                                                              
    As at the date of this announcement, the board of                         
    directors of the Company comprises Mr. Yu Shu Kuen                        
    and Mr. Chang Hsiao Hui, Michael as executive                             
    directors of the Company, Mr. Yu Chon Sang and Mr.                        
    Bucks Ramsay Michael Jr. as independent non-executive                     
    director of the Company.                                                  
                                                                              
    This announcement, for which the directors of the                         
    Company (save for Mr. Chang Hsiao Hui, Michael who                        
    cannot be contacted at his last known correspondence                      
    addresses) 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 the Company. The                     
    directors of the Company (save for Mr. Chang Hsiao                        
    Hui, Michael who cannot be contacted at his last known                    
    correspondence addresses), having made all                                
    reasonable enquiries, confirm that, to the best of                        
    their knowledge and belief: (a) the information                           
    contained in this announcement is accurate and                            
    complete in all material respects and not misleading;                     
    (b) there are no other matters the omission of which                      
    would make any statement in this announcement                             
    misleading; and (c) 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 on the GEM website for at least                       
    seven days from its date of publication.