09:19     SJTU SUNWAY<08148> - Quarterly Results Announcement                 

    SJTU Sunway Software Industry Limited announced on 11/05/2005:            
    (stock code: 08148 )                                                      
                                                                              
    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                              :            836             4,917  
    Profit/(Loss) from Operations         :        (4,177)               380  
    Finance cost                          :          (307)             (126)  
    Share of Profit/(Loss) of Associates  :          (309)                 0  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :        (4,679)               165  
    % Change Over the Last Period         :            N/A                    
    EPS / (LPS)                                                               
              Basic (in dollar)           :   (HKD 0.0234)        HKD 0.0008  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        (4,679)              165   
    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                                                      
    SJTU Sunway Software Industry Limited                                     
                                                                              
    Signature :                                                               
    Name      : Ho Shu Pui                                                    
    Title     : Company Secretary                                             
                                                                              
    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 results have been prepared in accordance    
       with the applicable Statements of Standard Accounting Practice and     
       the accounting principles generally accepted in Hong Kong issued by    
       the Hong Kong Institue of Certified Public Accountants ("HKICPA")      
                                                                              
    2. (LOSS)/EARNINGS PER SHARE                                              
       The calculation of basic (loss)/earnings per share is based on the     
       loss attributable to shareholders of HK$4,679,000 (20004:profit        
       attributable to shareholders of HK$165,000)and the 200,000,000         
       (2004:200,000,000)ordinary shares in issue as at 31 March 2005.        
                                                                              
       Diluted (loss)/earnings per share                                      
       There were no potential dilutive ordinary shares in existence during   
       the years ended 31March 2005 and 2004.