09:12     NEOLINK CYBER<08116> - Quarterly Results Announcement (1)           

    Neolink Cyber Technology (Holding) Limited announced on 11/05/2005:       
    (stock code: 08116 )                                                      
                                                                              
    Year end date                         :31/12/2005                         
    Currency                              :HKD                                
    Auditors' report                      :N/A                                
    1st Quarterly Report Reviewed by      :Audit Committee                    
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                               (Unaudited)       (Unaudited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2005   from 01/01/2004  
                                             to 31/03/2005     to 31/03/2004  
                                                     $'000             $'000  
                                                                              
    Turnover                              :          3,713             4,832  
    Profit/(Loss) from Operations         :        (2,674)           (1,988)  
    Finance cost                          :           (88)              (70)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :         10,494           (2,183)  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :       HKD 1.87        (HKD 0.39)  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        10,494            (2,183)  
    1st Quarter Dividends per Share       :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for 1st Quarter Dividends   :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    Neolink Cyber Technology (Holding) Limited                                
                                                                              
    Signature :                                                               
    Name      : Cai Zuping                                                    
    Title     : Chairman                                                      
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
    1. Basis of preparation                                                   
                                                                              
    The unaudited consolidated accounts have been prepared in accordance      
    with accounting principles generally accepted in Hong Kong and            
    comply with accounting standards issued by the Hong Kong Institute        
    of Certificated Public Accountants. The accounts have been prepared       
    under the historical cost convention as modified by the revaluation       
    of land and buildings.                                                    
                                                                              
    The accounting policies and methods of computation adopted in the         
    preparation of these unaudited consolidated accounts are consistent       
    with those set out in the annual financial statements for the year        
    ended 31 December 2004.                                                   
                                                                              
    2. Turnover                                                               
                                                                              
    Turnover represents the net amounts received and receivable for           
    goods sold and services rendered to outside customers during the          
    year.                                                                     
                                                                              
    3. Taxation                                                               
                                                                              
    No provision for Hong Kong profits tax has been made as the Group         
    either incuured tax losses for the relevant periods or its                
    assessable profit was wholly absorbed by the tax losses.