09:19     CYBERM<08017> - 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.                         
                                                                              
    This announcement, for which the directors of CyberM                      
    International (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 CyberM International                 
    (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                
    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 (if any) have been arrived at after                  
    due and careful consideration and are founded on bases and                
    assumptions that are fair and reasonable.                                 
                                                                              
    CYBERM INTERNATIONAL (HOLDINGS) LIMITED                                   
    (incorporated in Bermuda with limited liability)                          
    (Stock Code: 8017)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    This announcement is made at the request of the Stock                     
    Exchange of Hong Kong Limited (the "Stock Exchange").                     
                                                                              
    The board (the "Board") of directors (the "Directors") of                 
    CyberM International Holdings Limited (the "Company")                     
    noted today's increase in trading price and trading volume                
    of the shares of the Company and wish to state that save as               
    announced by the Company on 20th April, 2005 in relation to               
    preliminary discussions regarding the proposed entry into                 
    the Macau gaming business, the Directors are not aware of                 
    any reasons for the increase in trading price and trading                 
    volume. The Directors also confirm that there are no                      
    negotiations or agreements relating to intended acquisitions              
    or realisations which are discloseable under Chapters 19 to               
    20 of the GEM Listing Rules, neither are the Directors 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 of CyberM International                    
    (Holdings) Limited, the directors of which individually                   
    and jointly accept responsibility for the accuracy of this                
    announcement.                                                             
                                                                              
    By Order of the Board                                                     
    CyberM International (Holdings) Limited                                   
    Lau Chiu Pui                                                              
    Chairman                                                                  
                                                                              
    Hong Kong, 5th May, 2005                                                  
                                                                              
    As at the date hereof, the executive Directors are Mr. Lau                
    Chiu Pui and Ms. Chan Pui Fong, Trish; the non-executive                  
    Director is Mr. Chiu Raymond Yim; and the independent                     
    non-executive directors are Mr. Chan Wai Choi, Glenn, Ms.                 
    Kwan Ngan Hing, Edith and Mr. Cheong Ngai Ming David.